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About Home Buying/Selling
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Is Deed in Lieu a Good Idea For You?
Fri, 10 Feb 2012 05:00:00 +0200
President Obama included the deed in lieu of foreclosure initiative in his HOPE for Homeowners Program and, ever since, underwater homeowners have been wondering whether a deed in lieu is...
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It's Harder Buying a Bank Owned Home Than a Regular Home
Wed, 08 Feb 2012 05:00:00 +0200
With so many bank-owned homes on the market, some home buyers are wondering about the differences between buying bank owned vs. a regular home.
And why wouldn't a buyer be tempted...
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Does a Bank Only Do a Short Sale if a Seller is Delinquent?
Mon, 06 Feb 2012 05:00:00 +0200
Many sellers automatically assume that they have to be delinquent to do a short sale.
I've heard agents express the belief as well -- that short sales are granted only to...
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How to Get a Mortgage When You Have Bad Credit
Fri, 03 Feb 2012 05:00:00 +0200
The problem with getting a bad credit mortgage is it's expensive.
The only people making loans to people with bad credit are the guys who are charging an arm and a...
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Should You Write a Back Up Offer?
Wed, 01 Feb 2012 05:00:00 +0200
Buyers don't often think about putting in a backup offer.
I suspect it's the fear of the unknown, and buyers probably think it's not worth their time. Another reason could be...
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How Flexible is That Short Sale Price?
Mon, 30 Jan 2012 05:00:00 +0200
After all these years of short sales, there are still buyer's agents who ask if the seller is willing to take less than the advertised short sale price.
Not only...
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Struggling Homeowners Take on Roommates
Fri, 27 Jan 2012 05:00:00 +0200
In order to reduce expenses, some cash-strapped home buyers are teaming up with a friend to buy a home together as tenants in common instead of buying as a single...
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Buying Before Dumping Your Short Sale Home
Wed, 25 Jan 2012 05:00:00 +0200
I get calls from a lot of underwater sellers who ask about buying a new home before selling a short sale.
It's a perfectly reasonable question. Sellers want to know if...
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How Long Should a Seller Wait for Offer Acceptance?
Mon, 23 Jan 2012 05:00:00 +0200
You can't put off offer acceptance or rejection. I realize that sellers would prefer to have the luxury of a little bit of time to think about an offer and...
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How to Buy a Cheap Foreclosure
Fri, 20 Jan 2012 05:00:00 +0200
Buyers tend to lean toward checking out foreclosures for one reason and one reason only, and that is to buy a cheap foreclosure.
Because it's the cheap price on that foreclosure...
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