certified exclusive buyer agent: What exactly does a short sale mean? - 02/27/09 03:27 AM
A friend of mine who is a past client asked me last week what exactly does a short sale mean?
It's not hard to hear the news or media use the word short sale, or pre foreclosure. There are three steps in the foreclosure process, which are Pre foreclosure, Auction, and Foreclosed Property, which is also called REO or Real Estate Owned, or Banked Owned Property.
Pre foreclosure, that's the step before the bank is going to foreclose on the property, which the owner still owns the property, but is behind in their mortgage, so the bank starts the foreclosure process. … (3 comments)

certified exclusive buyer agent: If purchasing a Rhode Island luxury home should I get a pre-approval letter from a lender? - 12/13/08 11:20 AM
As a certified exclusive buyer agent and trained in negotiating I recommend that buyers purchasing Rhode Island luxury homes still get a lender to issue them a Pre-approval letter. Buyers purchasing RI luxury homes usually ask why, since they can get a letter from their accountant, financial planner or attorney. The message a letter from one of these professionals informs the seller that you have MONEY and can go up in price, even if the letter does not give a dollar amount. Even though you are looking in this price range there is no reason to let the seller know the … (2 comments)

 
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Mark Corbett

Providence, RI

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The Buyer's Choice

Address: 1614 Lonsdale Ave, Lincoln, RI, 02865

Office Phone: (401) 725-5608

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