beverly ma bank owned: Beverly Massachusetts Foreclosures for Sale - 11/28/10 11:14 AM
Beverly MA Foreclosures
Beverly Massachusetts bank owned foreclosures describe property the lender obtains after an unsuccessful foreclosure auction. The lender usually sells the real estate by direct sale or market their inventory through a Realtor. The lender will price the property for a quick sale as they have no interest in maintaining a foreclosed asset. When a Beverly MA home owner defaults on their mortgage, the lender starts the process of obtaining the right to sell that property at auction in order to satisfy the debt. In MA, this process takes a minimum of 75-90 days and if the homeowner … (2 comments)

beverly ma bank owned: Beverly MA Short Sales - 06/13/10 04:03 PM
The Short Sale - Not Your Typical Real Estate Transaction
As a home buyer looking for value in the purchase of Beverly MA real estate you may consider a "short sale" as a viable option.  The process of finding and buying a  short sale is not a typical real estate transaction. To have success, you must work with qualified professionals and understand the process.  Utilize the services of Realtors, attorneys, accountants, mortgage lenders and home inspectors as they all provide expert advice.
What is a Short Sale?
Homeowners that have financial hardships may pursue a short sale prior to foreclosure. This … (0 comments)