Posts Tagged ‘Short Sale’
What Is A Short Sale?
Nobody enters into a mortgage assuming they are going to fall short on their payments; however, life happens and borrowers might need a way out. In serious situations, lenders may elect to foreclose on homeowners who are unable to make their mortgage payments. Fortunately, there might be another way out. This is called a short sale.
Read MoreHow To Buy A Bargain Home As A Short Sale
A short sale is when the mortgage lender(s) agrees to sell the property for a lower amount than the loan-balance remaining.
Read MoreDifferences Between A Short Sale And A Foreclosure
If you’re looking to get an untraditional deal on a new home purchase, you may encounter either a short sale or a foreclosure. These two terms refer to sales that are not usual. As a homebuyer, it’s important to understand the differences between them and how each one might affect your buying experience.
Read More3 Critical Tips for Buying a Home in a Short Sale
You just found your perfect home, and you feel like everything is right including the price. But, what could be wrong with your ideal home? Maybe, it is being sold as a short sale, and that could present a major challenge if you want to become be the eventual homeowner.
Read MoreIs Buying A Short Sale Right For You?
If you have been looking for a new home, and you find one offered under a short sale, this may be to your advantage. While some buyers are wary about buying a home that needs to be sold with the approval of the lender, it’s a great way to get a bargain on a home that you love.
Read MoreWhat You Need To Know About Short Sales
On the surface, a short sale seems like the perfect deal. However, before you take the plunge, you need to understand how this type of home purchase works.
Read More3 Common Myths About Real Estate Short Sales
Many people don’t have a clear understanding of the purpose of short sales or how they actually work.
Read MoreWhen Can You Buy Real Estate After Foreclosure?
If you lost your home due to foreclosure, you probably haven’t given up on the dream of owning a new home. The good news is that a number of guidelines have changed which may allow you an opportunity to buy that new home sooner than you think.
Read More3 Ways To Purchase Foreclosed Properties
There are three main ways to buy a foreclosed home.
Read MoreShort Sales Outnumber Foreclosure Sales For Third Straight Quarter
Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale.
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