mckenna: What is a Short Sale? A Primer by The McKenna Team of Keller Williams
- 07/31/14 06:49 AM
A short sale in real estate occurs when the outstanding loans and liens against a property are greater than the proceeds from the sale of the home after all closing costs are paid. This occurs only when a homeowner meets the qualifications, and the homeowner’s lenders agree to allow a short sale. In the event of a short sale, a lender can release you FREE AND CLEAR from your mortgages and fully forgive you of any deficiency! In fact, the new Home Affordable Foreclosure Alternatives (HAFA) Program offers $3,000 BACK for relocation expenses, and some lenders are offering up to $5,000 as an … (1 comments)
mckenna: Come On Already… Waiting on the Millennials.
- 07/26/14 06:25 AM
There has been much in the media these days concerning the delayed trends and challenges to the long standing paradigm of the American dream with regard to the Millennium Generation. Millennials are now between 18 and 35 years old. Granted, over recent years, it has been looking gloomy for Millennials and the quest of the American dream of home ownership. The economy has been a burden, the world is in a constant state of stress and threat, and it is not a wonder at all why this generation just doesn’t have the same motivations, wants and desires. According to a recent … (0 comments)
A short sale in real estate occurs when the outstanding loans and liens against a property are greater than the proceeds from the sale of the home after all closing costs are paid. This occurs only when a homeowner meets the qualifications, and the homeowner’s lenders agree to allow a short sale. In the event of a short sale, a lender can release you FREE AND CLEAR from your mortgages and fully forgive you of any deficiency! In fact, the new Home Affordable Foreclosure Alternatives (HAFA) Program offers $3,000 BACK for relocation expenses, and some lenders are offering up to $5,000 as an … (1 comments)
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