foreclosure: The Short Sale…A Perpetually Evolving Organism…Sort of like the Swine Flu (Part 3 of 4) - 12/10/09 03:48 PM

(This is a continuation of a post I wrote about the status of today's short sale market.  You may want to review Post 2 of 4 here before continuing with this one.)
Another issue in today's short sale market that is vastly different from even just a few months ago … (0 comments)

foreclosure: The Short Sale…A Perpetually Evolving Organism…Sort of like the Swine Flu (Part 1 of 4) - 12/10/09 03:39 PM

If I were a betting man, I would be willing to wager that a couple of years ago only a tiny portion of agents truly knew what a short sale actually was.  They were a small segment of the industry and few, if any agents had a crystal ball letting them … (0 comments)

foreclosure: Help!!! My listing SOLD! Now we just have to find $55,000 for my seller to pay off their mortgage at closing! - 10/22/08 10:44 PM
My seller owes $202,000 but the market value on the house is $160,000.  We have a contract for $163,000 with the seller agreeing to pay closing costs of $4800 and provide a warranty. 
My clients have tried borrowing the money from several banks but of course, no one is lending money … (1 comments)

 
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Neal Pender CRS, CDPE, CLHS, CNHS

Concord, NC

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Keller Williams Realty

Address: 7501 Ruben Linker Road, Concord, NC, 28027

Office Phone: (704) 737-7653

Cell Phone: (704) 737-7653

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Covering Cabarrus County, greater Charlotte and the surrounding areas of North Carolina.


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