short sale: Recently I wrote a contract on a Short Sale. - 07/26/12 10:36 AM
Recently I wrote a contract on a Short Sale.  Questions were asked why an owner would do a Short sale.  Well this is the answers that I gave to them.  People often find in today’s economy that they cannot keep up with mortgage payments for a variety of reasons.  Their home in today’s market may be worth a lower amount then their mortgage amount so they still need to get out from under their home mortgage.  The bank agrees to take less for the home then is owed on it creating a Short Sale.  So why a Short Sale vs Foreclosure, … (0 comments)

short sale: Should you find yourself in a Short Sale situation. - 05/04/12 10:04 AM
Should you find yourself in a Short Sale situation here are a few things you should know before you start to move out.
 
Most Lenders would prefer that you stay in the home doing regular maintenance until the Short Sale goes through.  Many Lenders will offer an incentive amount to you, the home owner, for keeping the home in broom clean condition.  Don’t get mad at the Lender and think you will cause them grief by trying to remove bathroom fixtures such as toilets and plumbing fixtures.  You will be happier with cash in hand and the new buyer can … (1 comments)

 
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Patsy Barten REALTOR Post Falls ID

Post Falls, ID

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Keller Williams Realty Coeur d'Alene

Address: 1450 NorthWest Blvd, Ste 301, Coeur d'Alene, ID, 83814

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