Archive for November, 2013

What is a Real Estate Short Sale?

November 24, 2013

What is a ‘Real Estate Short Sale’ A real estate short sale is any sale of real estate that generates proceeds that are less than the amount owed on the property. A real estate short sale occurs when the lender and borrower decide that selling the property and absorbing a moderate loss is preferable to […]

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Selling Your Home

November 24, 2013

What to do before you sell Become a real seller Selling your home can be an emotional process, so prepare yourself before listing your property. Begin viewing your house not as a home but as an investment and a business transaction. Try not to take suggestions from your realtor personally and it will make the […]

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How to Buy Foreclosured RE

November 24, 2013

Buying a foreclosed home is a little different from buying a typical resale. In many cases: Only 1 real estate agent is involved. The seller wants a preapproval letter from a lender before accepting an offer. There is little, if any, room for negotiation. The home comes as-is, and it’s up to the buyer to […]

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Do You Need a Short Sale?

November 24, 2013

Fearing foreclosure? Consider a short sale By JC San. If you are one of the many homeowners who have fallen behind on your mortgage payments and you don’t see any way to avoid foreclosure, a short sale may offer you the least painful way to resolve the situation. A short sale is when a lender […]

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Purchasing A Short-Sale Property

November 24, 2013

Purchasing A Short-Sale Property By JC San. When shopping for a home, you may notice that certain listings are labeled as short sales, short pays or pre-foreclosures. All of these terms mean the same thing: the seller is upside-down on his or her mortgage and is attempting to negotiate a deal with the lender in […]

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Foreclosure VS Short Sale

November 24, 2013

Fearing foreclosure? Consider a short sale By JC San. If you are one of the many homeowners who have fallen behind on your mortgage payments and you don’t see any way to avoid foreclosure, a short sale may offer you the least painful way to resolve the situation. A short sale is when a lender […]

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