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The Ins and Outs of Short Sales and Foreclosures (with videos!)

What is a short sale?

When you owe more on your home than it's worth you may want to do a short sale. In a short sale the bank forgives some of what you owe them. It's more cost-effective for a bank to do a short sale than foreclose on a home.

Short Sale or Foreclosure: Will You Save Money?

Many people think you save money by buying a home that's a short sale or foreclosure. That's not necessarily true. Even if you do save money on a short sale it can take longer to close on escrow. California real estate agent Charlotte Laws talks about saving money with short sales or foreclosures.

Foreclosure Auction: Is it Always a Good Deal?

A foreclosure auction may seem like a one stop shop to pick up a foreclosed property after looking at several. But you can also find foreclosures through a real estate agent and do a market comparison to see if you're really getting a good deal. Learn about one agent's visit to a foreclosure auction.

Selling a Vacant Home

Is a vacant house easier to sell than a furnished house? Vacant homes allow buyers to look at a home without time constraints. Buyers can see the "bones" of the house without furniture and clutter, allowing the buyer to picture himself/herself in the space. Learn more about selling a vacant home by viewing this Expert Real Estate Tips video.

To see these and more videos like them, visit my YouTube site (http://www.youtube.com/user/ExpertRealEstateTips) AND BE SURE TO SUBSCRIBE!!!

Posted by Ilyce Glink on 12/22/2008 05:48 PM

Comments (10)

Foreclosures and Short Sales in the Real Estate Market Channel

short sale, foreclosure, home selling, vacant homes, foreclosure auctions, save money, home buying

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10 Comments on The Ins and Outs of Short Sales and Foreclosures (with videos!)

DEC

Very nicely done. Thank you for sharing this information. :-)

DEC

Good job on the videos. This is truly a good way to educate our clients.

I agree look like some good deals. we are getting back to early decade levels of 2002, maybe lower?

We have some income property REO's as well.

If you feel these videos would be helpful to your clients, please pull the code and use them on your site. I am interested in seeing that they get as wide an audience as possible. Simply click on a video you like, and then click to copy the embed code on the page. Then, paste into your website. Happy Holidays, Ilyce Glink

DEC

Thank you for giving us permission. Will do. :-)

Don't forget to subscribe to my YouTube channel so you are among the first to know when a new video is available. You can subscribe at www.youtube.com/expertrealestatetips. Feel free to use any of my 211 posted videos on your own site. And, we have another 100+ videos that are edited and will be released at a rate of 5 to 6 per week over the next few months. They'll cover topics like Home improvement, DIY projects, Consumer Electronics Show 2009 (cool hot products), Housewares 2009, etc. So, watch and enjoy. Merry Everything and Happy Always from Ilyce Glink and Think Glink Publishing. How can we help you communicate more effectively with your clients?

Awesome! I will get that done as soon as we get back in from holiday visiting. Merry Christmas! Enjoy your day. Regards, Carolyn. ;-)

Wow... I'm still poking around in your YouTube site. Very cool and useful videos! It is going to take me several days to watch 'em all. I am known for being anal retentive and you've just made me a very happy subscriber (LOL). The guys at CC will love this. Thank you for the YouTube link. :-)

DEC

Ilyce, thank you for giving permission to use your video's. I'll subscribe!

Jay

Ilyce, thanks for the videos. Its always good to get more info on the short sales.

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