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The Short Sale Process - Understanding the Short Sale Process
When housing prices in many parts of the country were booming a couple of years ago, there wasn't much national attention given to short sales. But with the current subprime debacle and increasing mortgage delinquencies, many people are wondering if the short sale process is a way to avoid ...
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Secrets to Successful Short Sales
Lots of hype these days about short sales. Every national or local speaker is on the bandwagon claiming that he or she has the program, or the package, or the seminar that will make the attendee an expert in short sales. The first secret - there are no secrets. Plain and simple, it is simple a ...
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Deficiency Topic Dealing With A Short Sale Revealing Facts You Did Not Know
I was reading more about deficiency questions with short sales and I thought I would elaborate a little on the subject. When you get a lender to accept a short sale the amount of debt forgiven becomes a taxable event. Example: Homeowner owes $250,000 on a house. The lender accepts $170,000 for it. ...
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Short Sale: 10 Facts Bradenton Homeowners Absolutely Must Know
Negotiating a short sale between the borrower and the lender takes skill, patience, and expertise. Everyone involved in the transaction needs to know what to expect. This is one of a series of articles to help Bradenton - Sarasota, Florida homeowners understand short sales. It may help you as well. ...
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Foreclosure Avoidance 101 - The Real Estate Short Sale
I probably don't need to waste your time talking about the record numbers of home foreclosures across the United States. If you've read a newspaper or watched the nightly news at all lately, you've heard all about it. So instead of spending time on the back-story, let's get into the crux of this ...
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Short Sales to Avoid Foreclosure - The Near Future of Real Estate
Article summary: This article offers a basic overview of the real estate short sale technique, as it applies to home foreclosures. This is an increasingly popular topic among home buyers and investors, so we will do our best to explain the basics of the short sale in this article. It only makes ...
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Understanding A Real Estate Short Sale
With the high rise in foreclosures these days, even those who do not invest in real estate are starting to hear the term "real estate short sale" or "mortgage short sale." A simple definition of a short sale of real estate is an investor or buyer making a deal with the primary mortgage holder to ...
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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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Short Sale Definition - Making Sense Of The Short Sale Definition
In an effort to avoid foreclosure, some homeowners are contemplating the 'short sale.? It's an emerging trend that has many real estate professionals concerned. Short Sale Definition So here is your short sale definition -- a lender of a property allows the property to be sold for less than the ...
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Sun Tzu and the Art of the Short Sale
If you are not aware of just who Sun Tzu was, then you may want to go to Amazon.com and order The Art of War. It is an absolute must read for those in business. More than 2,500 years ago, there was a period in China known as the Age of Warring States. This was an age of great conflict and ...
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