Why A Short Sale Is More Favorable Than A Foreclosure - 06/30/10 11:28 PM
1. Minimize The Damage To Your Credit A Short Sale will affect your credit but not as detrimental as a Foreclosure will. A Foreclosure comes with a Final Judgment which remains on your credit report for 7 years. A Short Sale usually is reported as a “settled” account on your credit report. By maintaining prompt payments on other credit lines and diligently working on improving your credit score, you may be able to rebound to a decent credit score within a couple of years. 2. Your Personal Well Being Experiencing a Foreclosure can be emotionally disheartening. The feeling of losing your … (0 comments)

Miami Real Estate: Kings Creek Short Sale "Verbally Approved" $89,000 - 06/30/10 11:23 PM
Miami Realtor features a Short Sale Opportunity in Miami. HAVE YOU FALLEN BEHIND ON YOUR PAYMENTS?DO YOU CURRENTLY FIND YOURSELF UNDERWATER? CONTACT US TODAY...WE MAY BE ABLE TO HELP! Sergio@SergioRebollo.com 10063 S.W. 72 Street, Miami, FL 33173 … (3 comments)

Miami Realtor Presents: Coral Gables Midtown Lofts $99,000 - 06/26/10 06:14 PM
Miami Realtor Sergio Rebollo Jr. Presents: This Coral Gables Short Sale Opportunity at Midtown Lofts Condo for $99,000. Sergio Rebollo Jr. Short Sale Specialist Exit Prime Realty www.SergioRebollo.com 305-582-4062 … (2 comments)

Miami Foreclosure Needs Repairs? FHA 203K Comes To The Rescue!! - 06/26/10 06:11 PM
Miami ForeclosuresCan't find a forelosure in Miami that is in move in condition?A lot of the foreclosures that you find in Miami need some fixing up. These homes that need repairs do not meet the requirements of a conventional loan, hence the “cash offer only” designation.The FHA comes to the Rescue!!Well the Federal Housing Administration (FHA) section 203(k) program is here to help. The 203(k) program provides the funds necessary to fix the house prior to your moving in. The beauty about this program is that you roll both the mortgage and the rehab construction loan into just one mortgage loan … (0 comments)

What Are The Benefits of a Short Sale vs. a Foreclosure? - 06/26/10 06:09 PM
1. Minimize The Damage To Your Credit A Short Sale will affect your credit but not as detrimental as a Foreclosure will. A Foreclosure comes with a Final Judgment which remains on your credit report for 7 years. A Short Sale usually is reported as a “settled” account on your credit report. By maintaining prompt payments on other credit lines and diligently working on improving your credit score, you may be able to rebound to a decent credit score within a couple of years. 2. Your Personal Well Being Experiencing a Foreclosure can be emotionally disheartening. The feeling of losing your … (0 comments)

Que Es Una Venta Corta? - 06/26/10 06:07 PM
PREGUNTAS MAS FRECUENTES SOBRE VENTA CORTA ¿Que significa una Venta Corta o Pre Foreclosure Sale? Una venta corta es cuando un prestamista acepta un descuento en una hipoteca para evitar una subasta o una bancarrota posible de la ejecución de una hipoteca. Mientras la propiedad está en transmite de compra, la aprobación del prestamista del contrato y de los términos llega a ser necesaria como deben aprobar la propiedad descontada. Por ejemplo...un dueño de una casa tiene una hipoteca existente de $300.000. El comprador escribe una oferta de $220.000, esta oferta es aceptada como pago completo del préstamo. Esto es una … (0 comments)

Este Es El Mejor Tiempo Para Comprar Una Casa Reposeida En Miami - 06/23/10 10:33 PM
Un Buen Momento Para Comprar Casas Reposeidas En Miami. La crisis hipotecaria actual ha hecho que las personas que poseen buenos ahorros de dinero eviten invertirlo en la compra de propiedades debido a la incertidumbre actual del mercado. En el mes de Febrero el volumen de ventas de casas subió más de un 5% sobre el mes de Enero. Este es el aumento más grande que se ha visto en los últimos 6 años. Los Realtors en Miami están viendo un nuevo movimiento de compra y venta. Debido a los precios tan bajos que existen generados por la crisis económica hay … (2 comments)

Neo Vertika Short Sale: Loft Style Penthouse ~ $250,000 - 06/23/10 10:27 PM
Neo Vertika Penthouse: Miami Realtor Sergio Rebollo Jr. Presents This Short Sale Opportunity. 690 SW 1st Ct Unit PHI12 - SHORT SALE Miami, FL Sergio Rebollo Jr. Licensed Miami Realtor Exit Prime Realty www.SergioRebollo.com 305-582-4062 … (0 comments)

Miami Realtor: How Does A short Sale Affect My Credit? - 06/23/10 10:24 PM
Homeowners facing foreclosure have a number of options, one of which is doing a short sale. Some people, depending on their situation, may allow a property to go into foreclosure instead of attempting a short sale. One reason is they don't have any expectations of saving the property so walking away is an easy solution. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. The primary consideration above all is the affect both can have on your credit score.
The … (0 comments)

 

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