Real estate blog entries tagged with short sale by Jim Valentine (RE/MAX Realty Affiliates)

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short sale: I Want A Good Buy … Should I Buy A Short Sale or Bank-owned Property? - 02/13/08 03:43 PM

It is possible to make a good buy in either of those situations, but both have related challenges in their respective purchase processes. The reward for successfully working through the challenges can be a great purchase price, but be aware of the path you are embarking on in either case. There … (1 comments)

short sale: We Still Keep Hearing About Short Sales ... Are They Real and Why Should We Do It? - 01/23/08 11:46 AM

Short sales are very real but they have become as confusing as the market itself. There are several aspects to a short sale when you are considering one. The first is to make sure you qualify, i.e.- you owe more than the property is worth (call your agent for a current … (0 comments)

short sale: Short Sales ... Are they quick? - 09/05/07 07:27 PM

All this talk about short sales ... how quick are they?The name "short sale" doesn't reference the time involved, rather it describes the situation when a lender or bank agrees to accept less for the property than is actually owed on the mortgage. It is a realistic phenomenon in real estate … (5 comments)

short sale: We Are Having Trouble Making Our Payments, what can we do? - 09/05/07 07:17 PM

We are having a hard time making our payments ... what can we do?You're not alone if you are having trouble paying your mortgage. The housing boom took homeownership to nearly 70%, but some homeowners are having problems making their payments and they can't refinance. Lenders invented new types of mortgages … (1 comments)

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