иконописПравославни икониCentral Oregon Short sales are confusing to almost every party involved. Many times a listing agent without the proper experience or without the proper guidance does not realize who they are truly working for. Often they will actually act on behalf of the bank instead of the seller. A listing agent represents the Seller […]
There Is Already an Offer on Short Sale
Many times a buyer will tell me that they really love a home that is listed as a short sale and it already has an offer on it. Most of the time writing an offer on such a property gives you an opportunity to be in line so to speak for the property. Often times […]
A Possible Solution For Seniors Facing Foreclosure
Tough times have hit every age group in America, many of the seniors who have worked for years to pay off their homes are facing the same doom and gloom as many younger folks that purchased at the height of the market. Families are moving in with each other often to try and make ends […]
Short Sale – Is This Your Primary Residence?
If you are living in the home at the time the Notice of Default is issued you may have some protection when it comes to deficiency, second mortgages and so on. However, one of the issues some people forget to ask about is the 1099C that is issued. The guidelines on the tax relief are totally different, so be certain you talk to your attorney about each of these issues, since they can impact you differently.
How Long Does It Take To Buy A Short Sale
One of the most commonly asked questions about short sales is; How long will it take to buy a short sale? A short sale can and most of the time does take longer to close escrow than a standard sale does. There are several factors that will effect the timing of the time it takes […]