Homeowners who aren’t able to pay off their mortgage face a scary dilemma. This is especially true in times when home prices are declining while unemployment is on the rise. This means their mortgage payments are way higher than the value of their home, which takes away selling it  as ...
Many first-time buyers never consider buying a short sale home. It’s a shame too, considering that new homeowners can save a lot of money this way. For a first-time buyer in Charlotte, NC, a short sale is a great way to stay within their home buying budget. Short sales are ...
When a homeowner can no longer pay off their mortgage in Charlotte, NC, the house may be foreclosed. However, a short sale is a better alternative to an eventual foreclosure. In a short sale, a house sells for less than, or short of, the amount left on the mortgage. This ...
Are you reading this because you are considering a short sale for your home? Most likely the answer is yes, so here are some questions and answers to get you started! What is a Short Sale? A short sale takes place when the bank lets the homeowner sell their home ...
Bank of America posted brand new videos that I found to be extremely helpful for agents, on several different complicated topics in regards to the rules of short sales. The first one and what I felt was most important is called, “Initiating the Short Sale”. What exactly is a Short Sale? ...
“I would like to commend Michael Simonini of Showcase Realty for coming to my rescue and helping me favorably part with investment properties I had in North Carolina. In 2006, I purchased a few properties hoping to rent them but, was unable to do so; I found myself paying these mortgages ...
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