investors: Consumer Steps to A Short Sale - 02/22/08 09:40 AM
What are the steps to a short sale? There are many ways to negotiate a short sale but here are the basics steps that you need to accomplish: Find a Realtor experienced withshort sales, preferable one who has earned the CDPE (Certified Distressed Property Expert) Designation and hire them. Since many banks are requiring (3 comments)
investors: Deed Adendum - New Tactic Being Used by Investors - Be Careful - 02/21/08 08:09 AM
There is a new devious tactic being used by investors to prey on homeowners that are in distress and are trying to sell via short sale. It is similar to the old tactic of "equity stripping" or taking a property "subject to" where the owner signs a deed over to the (8 comments)
investors: I am in Foreclosure -- Why not just send the bank my keys?!?! - 10/09/07 02:12 PM
Here are our top ten reasons to do everything you can to avoid a foreclosure: 10. You will always have to disclose that you have had a foreclosure on any future mortgage application you submit in the future and this can have an adverse affect on your future mortgage rates. 9. You (0 comments)
investors: Can I get cash from my home if I sell it in a Short Sale? - 08/02/07 11:16 AM
The answer is simple - absolutely not. Now some investors will argue with me that while its true that a seller cannot be compensated for selling their home in a short sale why can't the investor buy say a couch or clothing or some other asset from the seller after closing (5 comments)