Short Sales

It was not so long ago that the term “short sale” was about as familiar to the average American as a novel written in hieroglyphics, while “foreclosure” was a thing that happened infrequently and…   Read the Article

You probably hear it all of the time. “You should buy a short sale or foreclosure. There are some great deals out there!” Or, your friend tells you, “I paid 150 percent below market!” And, except for…   Read the Article

Homeowners and buyers alike should be careful they aren't tricked into real estate situations where they end up losing time and money, especially in the foreclosure market.FORECLOSURE TRICKS TO AVOID…   Read the Article

Congratulations -- you're a homeowner! Now that you've moved into your new digs, you'll need to: Decide what color to paint the living room Sort through those last few boxes (eventually) Learn…   Read the Article

Foreclosure is far from the worst thing that could ever happen to you. If your home ends up in foreclosure, chances are there are lots of things you should thank your lucky stars for: your family,…   Read the Article

There are many flavors of compromise you can strike with your lender if you are facing foreclosure. One of the toughest to execute is the short sale. What Is a “Short Sale”? The title “short…   Read the Article

If you have missed more than three mortgage payments, or your lender has filed a Notice of Default (NOD), you might think the loss of your home is inevitable. Even at this stage, there are five…   Read the Article

Short sales, despite the name, have always taken a long time to process. That's because the short in short sale refers to a shortage of money and not time. Buying a house via short sale allows a…   Read the Article

It's a position no homeowner wants to find themselves in: having to sell their home at a loss. Known in the real estate trade as a "short sale," the situation occurs when the proceeds of a home sale…   Read the Article