Bank of America and GMAC are firing up their formidable foreclosure machines again today, after a brief pause. But hard-pressed homeowners like Lydia Sweetland are asking why lenders often balk at a less disruptive solution: short sales, which allow owners to sell deeply devalued homes for less than what remains ...
Showcase Realty has recently acquired the honor of being one of the few brokerages able to list HUD Homes in the Charlotte, NC Metro and surrounding areas. The following is a quick helpful explanation of HUD Homes from the US Dept. of Housing and Urban Development: What is a HUD ...
Come see us this Sunday, October 24th 1:30 p.m. – 4:00 p.m. 14414 Winged Teal Rd. Charlotte, NC 28278 This beautiful 5 bedroom, 2.5 bath REO (real estate owned) home is over $25,000 below tax value! • 2 story home with open floor plan • Eat-in kitchen with granite countertops ...
Short Sale Myths A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find ...
The following is a list titled “10 Tips for a Successful Short Sale” created by Bank of America. For the full list, click here. Tip #1: Obtain education and experience with Short Sales Tip #2: Set Expectations Tip #3: Get outside liens released ASAP Tip #4: Work to sell property at fair market value ...
Short sale transactions can be complex to negotiate with lenders. Hence, real estate trainer and educator Kathy Mehringer’s definition of short sales: “A transaction where nothing is certain but for the uncertainty.” Mehringer, director of risk management for Coldwell Banker Residential Brokerage, Southern California companies, offered tips to negotiating short ...
Page [tcb_pagination_current_page] of [tcb_pagination_total_pages]