Real estate blog entries tagged with short sale by America One Mortgage and Realty

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Jayson Davis : Jayson Davis's Blog : Tag "short sale"

short sale: Short Sale - Buyer & Broker Beware! - 09/28/07 01:10 PM

Recently, more short sale properties have come on the market. A short sale is a situation where a property seller needs to sell and the sale proceeds are not sufficient to pay off the existing mortgage. It is an alternative to foreclosure. The term short sale or short pay refers to a process whereby the mortgage company must agree to a reduced payoff in order for the sale to take place. All sale costs must be included and the seller receives nothing, except debt relief and not having a foreclosure on their credit record.
If you're a prospective buyer on such a … (0 comments)

short sale: Your Home's Value is Less Than the Mortgage! - 09/28/07 10:24 AM

For a variety of reasons, it is possible that the total debt on your home may be more than what the home is worth. Most of the time, this isn't a problem because time is the solution. Depending on how much you owe, just wait it out and the value of your home goes up. This solution does not work for everyone though, because some folks are stuck in a situation where they absolutely have to sell their home. This can happen for many reasons, some good and some not so good: relocation, financial hardship, divorce, death, illness, etc.. The result … (0 comments)

Related Links:

Jayson Davis

Corona, CA

More about me…

America One Mortgage and Realty

Office Phone: (951) 277-3346

Cell Phone: (951) 368-7834

Email Me

Links

Archives

Find CA real estate agents and Corona real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.