If your home is worth less than what you owe you may qualify for a Lender approved shortsale. For homeowners to qualify for a short sale, they must meet the following criteria:Financial Hardship –…
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Home Prices Show Strongest Gain in 6 Years: NAR 05/22/2012 By: Mark Lieberman, Five Star Institute Economist Existing-home sales rose to 4.62 million (seasonally adjusted annualized rate) in April from…
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Angie3m added an answer:
Foreclosures... Worth it for First timers? How do we find them?
There are lots of lists from banks, real estate agents and brokers and people who buy and sell homes. Lots of them are foreclosures. Get yourselves on the
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Angie3m added an answer:
I am thinking of letting my house go into foreclosure. How does the process work?What are the ramifications? what about options?
There are people out there who do want to help with homes about to go into foreclosure. Please contact me and maybe we can change your idea on foreclosure
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Angie3m added an answer:
what is the best way to finance a mobile home when you have poor credit and thru who?
Nancy,
If you are in the Salem Oregon area and are looking for a Manufactured home? I do have someone whom is willing to give up their home if someone jus
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The Federal Reserve released a video Wednesday explaining how borrowers who feel they were financially hurt during the mortgage foreclosure process in 2009 and 2010 can apply for a free, independent foreclosure…
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4326 N Kostner Ave, Chicago, IL 60641 (Old Irving) - MLS# 08075526 - Pre Approved Short Sale - Call 708-288-8383 to Request a Showing.4326 N Kostner Ave, Chicago (google map) (yahoo map) http://www.Ch…
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Yesterday we began what we're hoping will be a dialogue with you, based on Keeping Current Matters' discussion of short sales and a lot of the myths surrounding them. Gil and I believe this is a critically…
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Bank of America announced that for a limited time, they are offering enhanced relocation assistance payments. The relocation assistance payment is calculated based on the appraised value of the home, but…
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Nima Buva added an answer:
Can the HOA refuse to open our community pool due to lack of funds?
My fellow agent is right here. This is "Attorney" level question. You, all home owners should get together and approach real estate attorney. They do provi
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Once-foreclosed home owners are slowly making a comeback in the housing market as some lenders give them a second chance at home ownership. After defaulting on their home loans or doing a short sale on…
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The difference in how states handle foreclosures may determine how quickly their housing markets make a full recovery, according to a new report by Capital Economics. States with nonjudicial foreclosure…
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Record low interest rates continue to pump up mortgage volume, as more borrowers try to take advantage. Mortgage applications increased 3.8 percent for the week ending May 18, the Mortgage Bankers Association…
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The Federal Housing Finance Agency reported that nationwide home prices posted their first gain in the first quarter since 2007. While the gain was modest at 0.6 percent, housing experts note it’s still…
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The Federal Reserve has released a video explaining how borrowers who feel they were financially hurt during the mortgage foreclosure process in 2009 and 2010 can apply for a free, independent foreclosure…
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Guy E. Gimenez ABR, CRS, GRI / Broker added an answer:
Can our offer on a foreclosure be accepted if the bank has sent a counter offer to another buyer?
1. If your agent showed you the home, chances are the home was still listed as "Active" since a offer had not yet been accepted.
2. Stop trying to use
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Good evening homeowners.I was reading an email from one of my colleagues about short sales, and thought I'd share some of the concepts he brought up, that I too find very important. In order to handle…
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Marcia Wray added an answer:
If I were to purchase a "Bank-owned" property, how would I know of any liens against the property?
Hi Jon,
You can start a search for liens on many county/town websites that offer public information. Some sites are easier to navigate than others. It i
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