short sale

Short Sale: Common Questions

September 9, 2010

Short sale is a term that has become a household term over the last couple years.  I have taken some information from the National Association of Realtors website to share it with those who might be a little fuzzy on what a short sale is all about. What is a short sale? A short sale [...]

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Short Sale Example

April 26, 2010

A short sale is a transaction that occurs when a homeowner owes more in his home that it is worth.  For instance: Mr. Jones owns a home on 123 River Street His loan is $250,000 Market value is $200,000 Mr. Jones is $50,000 upside down In order for him to sell his home and pay [...]

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The BEST Short Sale Advice EVER!

April 15, 2010

Short sales are a necessary evil in the real estate world.  Period.  There is plenty of blame to go around about why they can be so difficult to accomplish and it usually reverts back to it being the “banks fault”. Well, I’ve got news for you! Buyers are out there looking at short sales, preparing [...]

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Short sales still causing headaches

April 5, 2010

Short sale transactions have to be one of the most frustrating types. The banks play at their own pace and by their own rules, making it difficult for consumers to get clear, timely answers. I spend a lot of time on Trulia.com where I try and help people get answers to their questions and to [...]

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