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Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Short Sale 101
This occurs when the net proceeds from the sale of a home are not enough to cover the sellers' mortgage obligations and closing costs, such as property taxes, transfer taxes, and the real estate practitioner's commission. The seller is unwilling or unable to cover the difference. Some ? although by ...
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Stop Foreclosure - Are Short Sales the Way to Go?
If you are facing foreclosure, then you have seen the ads for short sales. Real estate agents all over the country are jumping on the short sale bandwagon. However, most are not experienced in short sales and their advice on complicated legal and tax issues can be dangerous for you. What is a short ...
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Why Mortgage Companies are Delaying Short Sales to Help Homeowners Avoid Foreclosure
With more and more people finding out that they are underwater on their mortgage, owing more to the bank than the home is worth, they are realizing that selling is not an option for them. Homeowners in this situation are increasingly turning towards short sales, where they sell the home for less ...
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Foreclosure - Understanding the Pros and Cons of the Short Sale
Homeowners facing foreclosure in California have approximately 120 days from the Notice of Default (about 4 months) in order to resolve their outstanding mortgage debt. When a homeowner finds themselves in this situation, the most proactive step a homeowner can do is to act in a timely manner to ...
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Parties Involved In A Short Sale
Short sales are one of real estate's most thrilling acquisition strategies. Short sales are about obtaining properties at good prices by resolving people's problems. Short sales are multi player win-win transactions. Here are the parties involved in a short sale. Satisfy them all and you will be ...
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Succeed In Short Sales
Are you looking for discounted property? Then short sales are a great way to obtain a property below retail price. Everybody knows that the quickest way to succeed in real estate is to obtain properties at a discount for either holding or flipping. Short sales are an excellent way to accomplish ...
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California Home Equity Sales Contract Act - A Mine Field for the Unprepared!
When I first got started in the real estate investing business in 2006, the avalanche of foreclosures was just beginning. Before attempting my first short sale here in Southern California, I discovered I needed to comply with Civil Code Section 1695 by using a very particular type of purchase and ...
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Ten Tips About Short Sales
Here are the top ten tips for succeeding in short sales: Be knowledgeable. Nothing beats good training. Knowing the short sale business allows to quickly assess foreclosure situations and determine whether or not to be involved. Understand the foreclosure process. The principles of foreclosure are ...
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Short Sales - A Viable Alternative to Foreclosure
Foreclosure is of one of the most traumatic experiences a homeowner can face. The embarrassment of losing a home to foreclosure is compounded by the foreclosure's devastating effects on your credit scores and ability to qualify for new credit. With an increase of 79% in foreclosure rates in 2007, ...
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Real Estate Short Sales - Foreclosure Investing for Pennies
Short sales are becoming more and more popular as more and more investors learn this creative technique which can create huge profits. A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. Instead of buying from a seller, you are ...
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