short sale: Giving A Good First Impression on that Short Sale property For Sale - 03/13/10 11:22 AM
After showing a few short sales and bank owned homes and comparing the two, I've realized that they are running neck in neck on the type of condition that they are in. Being an agent in this market, I have developed a certain empathy and understanding for the situation that distressed homeowners are in. However, when listing a short sale property we make it a point to ask the homeowners to keep the home clean, especially when showing it to buyers. What I've realized is that although buyers understand the market that they are purchasing in, not much has changed … (4 comments)
short sale: Path To Homeownership: Making The Offer - 12/28/07 05:13 PM
In a previous article I wrote, Path to Homeownership: House Hunting I described how to inspect a house using your 5 senses. While house hunting, it is a good idea to write down notes on what you have seen. Write down the good, the bad, and the ugly. Throughout the day, you may have looked at several houses, so it is a good idea to have a checklist for each home you visited. At the end of the day, if you have determined which home is of interest to you, look at your notes. Revisit your budget. Determine the most you … (4 comments)
short sale: Path To Homeownership: House Hunting - 12/27/07 01:49 AM
Your Path to Homeownership is a process in it self, it takes time. You've been saving and budgeting your household income by cutting down expenses on dining out and spending sporadically on shopping sprees. You sat down with your family and wrote down your wants and needs. You have learned and heard endless information about the lending process, looked into down-payment assistance programs, and have your pre-approval letter ready. It's time to go House Hunting! Finally! Hunting for your dream home is an exciting time, however, it can be an overwhelming experience. So, it's best to be as focused as you can be, … (16 comments)
short sale: Path To Homeownership: Determine Your Wants & Needs - 12/21/07 11:53 AM
As a first-time homebuyer, you can get overwhelmed with information...from loan information to real estate information...from learning experiences from friends and family to reading information on your own. So, as your Real Estate Agent it is important to us that we help you gain Real Estate knowledge without being overwhelmed and discouraged. If you are looking to become a homeowner and don't know where to start...a good place to begin is...writing down your wants and needs. What are your reasons for moving? Is it because of the location? Is the family getting bigger or smaller? Is the kitchen too small or … (2 comments)
short sale: The Benefit of performing a Short Sale - 11/23/07 01:16 AM
If a borrower has received a Notice of Default due to being behind on their payments they are technically in pre-foreclosure. Once foreclosure proceeding have begun, the borrower has several different options available to try to resolve their contract with the Lender (forebearance or other Loss Mitigation measures). A Lender may allow the borrower to perform a Short Sale. A Short Sale is when a lender approves the sale of the property at a lessor value than what is owed by the borrower. If a borrower is faced with a financial hardship, a lender may consider to accept a discounted payoff on a … (11 comments)
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One Story home 1,240 sq. ft. … (0 comments)
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