|
| |
massachusetts: Oh Yeah! Short Sales Approved! - 08/23/10 09:25 PM
Just came off a great week August 20, 2010 in my short sale history. After quite a long dry spell, I had three new approvals by the end of last week. Walked in today and received a short sale approval on a deal I have been trying to bring together for 8 months! There's 4 hopefully all closing in the next few weeks! Persistence pays off!
On this last approval, lender is paying for relocation. When is the last time that happened? Perhaps the lenders are playing nice again, now that summer is coming to an end?
Please … (4 comments)
|
massachusetts: Massachusetts For Sale By Owner - 04/03/08 09:41 PM
Buying and Selling a home is really difficult work. There are many times that I am asked by people "Can I save money if I sell my home without a Realtor?" The answer of course is "Yes", you CAN save money without using a Realtor's services, because you will not have to pay a commission. This could be a 6% savings. That is big money when you consider a $300,000.00 home for example - $18,000.00.
The catch of course is the "if" in If I sell my home without a Realtor. There are many financial risks in selling one's own home:
1. If … (3 comments)
|
massachusetts: Short Sales in Massachusetts Revised Article - 03/19/08 02:14 PM
SHORT SALES
by Attorney Nyles L. Courchesne
There is a lot of talk these days about short sales. Many people looking to make a move find that they cannot afford to sell their homes at current market values. Following is an overview of the short sale process directed primarily toward Realtors and anyone using their services in a short sale transaction.
SHORT SALES DEFINED
Short sales are sales in which the total amount owed by a Seller (including adjustments and costs of transfer) that is greater than the price for which a property may be sold. Typically a Seller who finds herself in the position … (9 comments)
|
massachusetts: Short Sales - Attorney Advice to Realtors - 01/22/08 10:48 PM
PART 2 Crunching the Numbers and Gathering Information:
This second section of the series describes the necessity of crunching numbers and gathering accurate information from the Seller in order to properly market the property and prepare for the short sale negotiation ----
WORKING WITH DEBTORS:Many times people who are in debt lose track of all of the bills that they owe, many of which effect the proceeds of the sale of their property. It is important that the Realtor is aware of the mortgages on the property, along with any other liens. In addition to mortgages and liens that are on record … (6 comments)
|
massachusetts: Are there new schools opening for loan officers in Massachusetts? - 01/21/08 01:00 PM
Upon review of some recent legislation regarding extended notice periods before acceleration of amounts owed under the foreclosure statute I noticed that an additional section of the law was passes pertaining to loan originators in Massachusetts. It appears that as of July of 2008 all loan originators conducting business in Massachusetts will need to be licensed (mush like teh real estate sale person's licensing procedure) I have attached a copy of the law and would appreciate any comments on this new section and what it may mean for the mortgage industry MA.
I would also be curious to know if there are any loan originators out … (1 comments)
|
massachusetts: Short Sales - Advice from an attorney to realtors - 01/19/08 06:00 PM
SHORT SALES FOR THE REALTORa three part seriesby Attorney Nyles L. CourchesnePART 1 Getting Familiar With Short Sales:
This first section of the series describes the basic definition of a short sale, the motivations of the Seller and Lender in negotiating a short sale and the basic steps that need to be taken when a realtor works with a Seller who needs to accept offers that are lower than the amount necessary to transfer the Seller’s property free and clear of all liens and costs ----SHORT SALES DEFINED
Short sales are sales in which the total amount owed by a Seller (including … (5 comments)
|
massachusetts: Homestead Act in Massachusetts - 09/27/06 11:31 AM
Somebody Moved My HomesteadSomewhere in the conference room of a real estate attorney ". . . and at no cost to you, my office has prepared a declaration of homestead.”"Oh, how nice. What's a homestead?"
Chapter 188 Section 1 of the Massachusetts General Laws provides homeowners (including owners of mobilehomes) with the right to declare their residence as their homestead by recording a document called a “Declaration of Homestead”, with their county registry of deeds in order to protect their principal residence against subsequent attachment, levy on execution or sale to satisfy debts to the extent of $500,000.00 per residence, per family. This … (1 comments)
|
|
|
|
|
|
Nyles Courchesne Massachusetts Real Estate Attorney
Springfield,
MA
More about me…
Peskin, Courchesne and Allen, P.C.
Address: 101 State Street, Suite #401, Springfield, MA, 01103
Office Phone: (413) 734-1002
Email Me
 Listings
Links
Archives
|
|
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.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)
;)