I am looking to sell my home. I owe 134k and it’s going to list for 145k. I am a little retarded when it comes to real estate and want to know what happens if the house sells for what we owe or less. The agent is getting 5%. Do we have to pay out [...]
Short Sales, Foreclosures, and Credit Damage For borrowers with a foreclosure, short sale, or deed in lieu of foreclosure on their credit history, the following time lines apply before they’ll be eligible for a conforming, conventional mortgage (Fannie Mae/Freddie Mac): · Foreclosure: 5 years from completion date, minimum 680 FICO with a minimum 10% down payment [...]
Demand in the housing market fluctuates quite dramatically every few years and, with the current global economic situation, demand is at a low point. This means that because there is less demand in the market, it is more difficult to sell your property, and many people believe that the only way to gain interest is [...]
Short Sales are a complicated and confusing real estate transaction for homeowners. One of the keys to closing a short sale is having an immediate offer to begin the process. We have a list of common short sale FAQs to clear up some issues for homeowners. We also have a tip on how to get an immediate offer [...]
Are you ready to buy your first home? Or maybe it’s time to sell the house you’ve been living in. It might be your first home or you may be moving from a condominium to a single family residence. Whether you are looking for a Realtor to help you sell your home or to help [...]
So, you need to sell your home but there have been very few viewings and no offers on the table. You’re at your wits end and desperate to sell – and the economic meltdown is not making things easier. What can you do to help this situation? Continue reading to discover precisely how to secure [...]
Selling a house can be a very frustrating and tiring ordeal. If the proper steps are not taken, it is a process that can linger on for several months. When changing homes, the last thing anyone would want on their hands is a house that just will not sell. However, there are steps that you [...]
For most homeowners like you, a quick sale on your home is something that is always welcomed. The home-selling process is often a burden that you would like lifted as soon as possible. Being stuck in limbo is not fun for your family, both mentally and financially. Depending on your reason for selling, it might [...]
You’ll need to make sure folks see the value in your house if you want to sell it in today’s market conditions. Its not enough to just have a house for sale in a decent neighborhood anymore. People have a lot of choices right now when it comes to buying a home and they will [...]
While winter months are not traditionally the time for buyers to be knocking down your door with an offer, it is still a good time to sell, if you have the right tools and techniques. Creating a welcoming sight on a cold day is paramount. From a safe (snow-free) walkway to a wreath on your [...]