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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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How To Lose Your Shorts When Listing A Home For Sale, It Is Not A Short Sale!
A recent listing went on the market up the street from my home. As most curious homeowners do you want to learn what the asking price is to gauge where the market is headed or how that home compares to yours etc... Well this home was priced well below market it's coming up "Short". No it is not a ...
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Short Sale - 8 Common Questions
I have processed short sales on behalf of my clients for many years. If you are a homeowner (considering doing a short sale), be sure to find a REALTOR in your area who is knowledgeable and has experience doing them. If you are a REALTOR, you should strongly consider adding short sales to your ...
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Arizona Pre-Foreclosures, Foreclosures, and Short Sales
There is a high inventory of homes on the market in Phoenix, Arizona. Right now may be an excellent time to buy, not such a good time to sell. Sellers and builders are offering wonderful incentives to buyers. It has become slightly more difficult to obtain a home loan due to the high foreclosure ...
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Short Sale - What Your Realtor Needs to Know
Most lenders require that the home be listed before they will consider a short sale. They want to be sure the home has been exposed to buyers and an attempt has been made to obtain a contract at today's market value. It is important for the borrower to work with a Realtor who is experienced in ...
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Basic Strategies For Survival In A Slow Market
I know there are plenty of books out there on the topic of success, motivation and even techniques and strategies a realtor can employ to make it through, but nothing out there can prepare any real estate agent for what is coming. In order to be ready for the possible impending disaster, a real ...
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Learn Real Estate Investing Secrets to Short Sales in DC, Maryland, and VA
Let's start off by defining what a short sale is. A short sale is when the bank accepts a lesser amount than what is owed by a borrower as full settlement of that borrower's debt. So if you were to purchase a short sale, you would be buying "short" both the market value and the mortgage's principal ...
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How to Determine Your Short Sale Offer
Here is a question I'm constantly being asked by my students and other real estate investors. The answer to it is not an exact science. First let's identify some common used terminology. BPO (Broker Price Opinion): A generalized opinion or value of the property. These can be exterior and interior. ...
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Short Sale Questions
The main stream media continues to be rich with stories about the struggling real estate market, here in the Sacramento area as well as across the country. They generally revolve around the increasing number of foreclosures, the mortgage crisis and now some of the government programs that may or ...
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Short Sale: What Documentation Must The Homeowner Submit to the Lender?
Short sales, short sales, short sales. They are everywhere. Many Bradenton - Sarasota, Florida homeowners are facing the risk of foreclosure in our declining market. For some, a short sale may be the solution. This is the 9th in a series of articles to help Bradenton, Florida homeowners understand ...
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