Barriers to Short Sale Activities Slowly Being Lifted
Short sale faces a number of barriers in the current markets. But these barriers have slowly been lifted. A short sale requires a willing buyer, a price that is acceptable to all parties, and a...
View ArticleThe Short Sale Process
A short sale is a process of selling a home for less than the current balance of the mortgage. This type of sale can potentially be the best way of preventing foreclosure on your home and your credit....
View ArticleUrgent News About the Short Sale Program Expiration
The government assisted short sale program will soon be over with a deadline set for December 14, 2012 for Home Affordable Foreclosure Alternatives or HAFA. As a background, short sale is one of the...
View ArticleShort Sale Tax Relief Update: Extended!
If, like the rest of the country, you have been keeping tabs on the fiscal cliff, then it might delight you to know that we have good news for the short sale tax relief. It has been extended! Short...
View ArticleHow to Buy a Short Sale Property
If you have been browsing the market for homes for sale, you probably have encountered at least one short sale property. Also called pre-foreclosures or short pays, it simply means the previous owner...
View ArticleSigns a Short Sale is Needed for your Home
Short sale real estate transactions have gained prominence following the most recent slump in the housing market. As people started to lose jobs, homeowners were left with no means to pay off the...
View ArticleChanges in Short Sales have Decreased Wait Times and Increased Approvals
In the first few years of the housing crisis in the United States, many people found themselves in the position of owing more on their mortgage than their house was worth. The primary reason these...
View ArticleTen Tips to Short Sale Success
When negotiating a short sale, there are more than a few steps to take before we can finally receive that approval letter. It’s important that you realize you cannot just skip some of the crucial steps...
View ArticleWhat is a Deficiency Judgment
Deficiency judgment is defined by Merriam-Webster as a “judgment for the balance of a debt after the security has been realized and the proceeds applied to payment.” This “judgment for the balance of a...
View ArticleHow to short sale your home
Due to unstable financial situations, a homeowner may suddenly not be able to pay the mortgages. To avoid the embarrassment and the hardship of losing your home (not to mention destroying credit score)...
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