Work with home Realtors who know the local area well. They will often know about new property on the market before it becomes officially listed, and they can steer you toward homes that fit your family's needs and desires. It's not a secret that … [Read more...]
Short Sales: Are the Numbers Beginning to Slide?
RealtyTrac recently released their Q1 2013 U.S. Foreclosure & Short Sales Report™. One of the more interesting revelations in the report was the decrease in the number of short sales being completed. According to the report, properties not in … [Read more...]
How to Short Sale: Chase’s New Process and Timeline
In an attempt to help more consumers who are facing foreclosure, Chase has streamlined their requirements in order to expedite their short sale process. We will cover the basics on the process and timeline in this post. Chase will let you start the … [Read more...]
Short Sale Question: Who Owns the Loan?
The short sale process can be very complex. Every bank and investor has a slightly different program and set of guidelines they follow. Since each investor has different rules and guidelines, it can help you considerably to find out who the investor … [Read more...]
Avoiding the Dirty Dozen Barriers to Short Sale Success
Short sales often take three times longer than a traditional transaction and sometimes never close at all. By hiring an agent who knows to avoid these twelve barriers, the process can be less stressful. 1.) Poor short sale candidate Establish … [Read more...]
Shadow Inventory and Its Impact on Prices
Many analysts differ on what impact shadow inventory will have on house values in 2013. Some warn that these distressed properties will still play a major role in limiting appreciation. Others believe that the increases in buyer demand will more than … [Read more...]
