first time homebuyer: What is a short sale anyway?
- 09/17/09 07:20 AM
In today's market, there have been many short sales. However, this term has been misunderstood by consumers. Most people think a short sale is a great "steal of a deal". While this may be true in certain cases, there are things you should know. Short sales are nothing more than a seller of a property owing more money to the lender than the home is currently valued my the market conditions. In approved cases, the lender has agreed to accept less for the property than what the seller owes. What does that mean? Well, most importantly it means the price is … (2 comments)
first time homebuyer: $8,000 Tax Credit for Homebuyers
- 05/15/09 07:02 AM
What's that? Still have not taken advantage of the $8,000 tax credit? Not sure who it applies to ? Get answers to all your questions here! … (0 comments)
In today's market, there have been many short sales. However, this term has been misunderstood by consumers. Most people think a short sale is a great "steal of a deal". While this may be true in certain cases, there are things you should know.
;)
;)
