Real estate blog entries tagged with short sales by Mirela Monte, Your Myrtle Beach Real Estate Connection

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short sales: SHORT SALES... Looking at the Bright Side... - 10/23/09 11:07 PM

I've been doing a lot of Short Sales for the past couple of years. I've done short sales on and off through the years, before the term "short sale" had even been coined. We used to call it "upside down mortgage". It was an infrequent occurrence. I was good at … (11 comments)

short sales: 7 things I learned doing short sales for past 3 years - 09/10/09 02:08 PM

My Agents and I have done a lot of short sales in Myrtle Beach. I concur with Joe on many points. Although a short sale will reflect negatively on the seller's credit, it doesn't have nearly the impact of a foreclosure, or even a voluntary foreclosure (deed-in-lieu of foreclosure).
On the … (3 comments)

short sales: It's Not French; You Ought To Know What It Means! This is Real Estate 2009, Baby, Survival of The Fittest! - 12/03/08 12:02 AM

Throw away all the old rules; this is no longer "order writing", but it's not sales either. This is Real Estate 2009, Survival of The Fittest... How do you stay in the game and profit? EDUCATION! I'm going to throw some terms your way. If you are not … (23 comments)

short sales: Myrtle Beach Foreclosures - 10/21/08 10:06 PM

With over 25% of sales activity comprised of foreclosures, a Myrtle Beach Agent can no longer be oblivious to them. As a company, we have had a large number of transactions this year in the distressed sale category: Short Sales, Foreclosures, REO's. ForeclosuresAuthority.com is our new website address … (1 comments)

short sales: Short Sales, Foreclosures and REO... Part 2 - 06/12/08 11:08 PM

Foreclosures: These are the big Daddies of them all; the do or die, the final chapter. It may take six months for these to go down, but when they do, that's it: your property is history; you lose it!

In the states where a"Deficiency Judgment" is still an option, … (8 comments)

short sales: Short Sales, Foreclosures and REO's - 06/12/08 09:32 PM

I was talking with an agent friend of mine today and she confessed that she didn't know the difference between Short Sales, Foreclosures and REO's.

If an Agent doesn't know, I'm sure many others are confused as well. Here is the scoop, and it's spread over the span of three … (14 comments)

short sales: Have You Seen That "I Love Lucy!" Episode? - 01/26/08 10:03 PM

Where she is working in the chocolate factory and the assembly line starts going faster and faster and she tries to cope with the increasing speed. She starts by neatly organizing the candy in the boxes, carefully placing each morsel. As the speed increases, she copes with it by shoving the … (11 comments)

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