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2011
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4 Qualifications for a Short Sale. This is part two of "What is a Short Sale". Now we are going to go over the 4 Qualifications for a successful Short Sale. Before you eagerly climb aboard the short sale bandwagon, consider the following to determine whether you may qualify for a short sale. If ...
05/20/2011
How Does A Short Sale Effect My Credit Score? This is part six of "What Is a Short Sale? How a short sale effects your credit score depends on what your score was at the time of the Short Sale. In a article by Jeanine Skowronski, "It appears that the higher the score the harder it falls and the l...
05/17/2011
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The Eight Steps in a Short Sale Process. This is part five of "What Is A Short Sale?" 1- Call the Lender You may need to make a half dozen phone calls before you find the person responsible for handling short sales. You do not want to talk to the "real estate short sale" or "work out" dep...
05/16/2011
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Short Sale Process This is part four of "What Is A Short Sale ?"When lenders agree to do a short sale in real estate, it means the lender is accepting less than the total amount due. Not all lenders will accept short sales or discounted payoffs, especially if it would make more financial sense to...
05/16/2011
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Short Sale Consequences This is part three of 'What Is a Short Sale". A short sale is dependent on a buyer making an offer to purchase. If you do not receive an offer, you will not qualify for a short sale. So even if you meet all the other criteria, it is possible that no one will buy the short ...
05/16/2011
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What is a Short Sale? This is the first of a six part series on Short Sale's. A short sale happens when the lender is shorted on a mortgage, meaning the lender accepts less than the total amount that is due. If your mortgage is $100,000, but your home is worth, say, $90,000, you are $10,000 short...
05/16/2011
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What is Strategic Default? From Wikipedia, "A strategic default is the decision by a borrower to stop making payments (i.e., to default) on a debt despite having the financial ability to make the payments.This is particularly associated with residential and commercial mortgages, in which case it ...
05/13/2011
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The Jacobs Team Moves To Realty World Select The Jacobs Team moved to Realty World Select in mid April 2011 because of the aggressive & progressive market plan for buyers and sellers. They are your premier resource for all real estate information and services in the area. We hope you will visit a...
05/04/2011
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Susan Jacobs CDRE
Gainesville,VA Certified Divorce RealEstate Expert