In a highly competitive market it is getting harder and harder to find good deals. Most of the good deals listed on the MLS are usually in a multiple offer situation with the property selling for over list price leaving very little margins for investors to make any profit. What about short sales? Short sales…

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Home buying has changed in so many ways. One of these ways is we now have an abundance of short sale homes and lender owned homes as well as the independent homeowner selling their homes. You decide that the home you want is a short sale home.   What is a Short Sale? A short…

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One of the fast growing trends in real estate is the short sale. In this article we take a look at the various procedures and benefits of the short sale method. From the uses and the reasons for its growing demand, this article will attempt a detailed analysis of every aspect of a short sale…

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With dozens of homes in every neighborhood going into foreclosure or on the short sale lists, there has never been a better time to find a home run deal. But these home runs can come with a list of very expensive problems. Just ask Mike Williams of Dever. Williams scouted over a dozen properties before…

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In order to negotiate a successful short sale there are a checklist of items the bank will need from your seller. The list below is a general guideline as to what the bank will be needing. Depending on the bank they may have there own forms they want the information on. For example if  you…

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In order to negotiate a successful short sale there are a checklist of items the bank will need from your seller. The list below is a general guideline as to what the bank will be needing. Depending on the bank they may have there own forms they want the information on. For example if  you…

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It’s a decision that has to be made every month in every neighborhood in the United States. The decision to either let your home go to foreclosure or pursue a short sale with the bank. It’s tempting for people to take the easy road and let the home go to foreclosure. The reason is many…

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If you are in a foreclosure situation you have more than likely you have heard the word “short sale”. So what exactly is a short sale? A short sale is when a lender agrees to accept less than the debt owed on your property. This is nothing new in the world of real estate. Lenders…

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Everybody’s heard of them but what exactly is a short sale? A short sale is when your mortgage lender accepts a discount on the mortgage to prevent a foreclosure from happening.  Short Sales are designed to help distressed homeowners who are in a financial hardship who owe more than the house is currently worth. Now…

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