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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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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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Foreclosure - Do You Know the Facts?
The thought never entered your mind! You bought your home with the best of intentions. Perhaps the lender assured you that you could "just refinance" when those heart-stopping payment increases began. Perhaps no one even explained to you what could happen? But here you are! With house payments that ...
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10 Questions To Ask Your Real Estate Agent - Before It's Too Late
As millions of loans are now adjusting and as hundreds of thousands of those loans are in or headed for foreclosure, many homeowners are turning to real estate agents to help them in their hour of need. Unfortunately, most real estate agents are not properly trained to handle the complexities of ...
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Conducting A Short Sale
It is no secret that the real estate market has been a bit bumpy as late. Many homeowners find that the home they purchased has declined in value. In addition to this variable rate mortgages have caused many of these home owners to be faced with higher house payments than they can afford. 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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Staying In The Game When The Rules Have Changed
If you are a real estate professional that is hitting the wall because the market has slowed to a crawl, you need to develop some new skills. If you would like some straight answers on the Short Sale process, you need to read this article. There was a statistic published locally here in the Central ...
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Real Estate Short Sales
It was a real estate boom like no other. Interest rates were dropping incredibly, homes were garnishing appreciation by the week, the stock market wasn't moving and first time home buyers were getting their piece of the American dream. Mortgage brokers, Real Estate Agents and New Home builders were ...
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Short Sales - 3 Key Factors Gurus Never Tell You About How To Do Short Sales
For those of you who are new to the Short Sale arena or new to real estate investment, let's first define what a "short sale" is and what it's SUPPOSED to accomplish. A short sale is the process of negotiating with a Mortgage Lender to convince them to accept less than the Homeowner's mortgage ...
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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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