Short Sales: Information for Sellers
October 19, 2010 by admin · Leave a Comment
Tweet The world of short sales is becoming more complicated as time goes on and homeowners are the ones who are caught in the middle. I feel this information I’m going to review here is so important that I’m going to be linking this article to my Sellers Page for the purposes of providing information [...]
Short Sales: An Unpredictable Science
August 26, 2010 by admin · Leave a Comment
See My Comments About The Market In Newsday – June 29, 2010 No matter what you hear or read on any website, please be aware that the road of remedy to avoid foreclosure, whether by short sales or by loan modification, is not predictable. Some short sales will be “easier” to settle than others. Conversely, [...]
How Do I Do A Loan Modification?
June 20, 2010 by admin · Leave a Comment
So you want to answer the question, “how do i do a loan modification?” Well that’s a good question, but a better question might be, “Is it worth it to even try?” What’s the deal with Loan Modifications? In my previous article, Government Programs For Homeowners Behind On Mortgage, I talked about some of the [...]
Area Foreclosures and Your Town
June 7, 2010 by admin · Leave a Comment
The Long Island area foreclosures are up and most people know this. However, what you don’t know is that your town could be one of the hardest hit in the nation! The Federal Reserve Bank of New York did a report recently analyzing the data by the zip code level. What they found was that [...]
Government Programs For Homeowners Behind On Mortgage
May 29, 2010 by admin · Leave a Comment
If you googled, “government programs for homeowners behind on mortgage” and found information about HAMP, and you subsequently attempted to modify your mortgage loan through HAMP (Homeowner Affordability Modification Program), you might be asking yourself, “Why did I do this?” Right Now, there are plenty of people out there that are asking that question. I [...]
Challenges To Getting A Short Sale Done
May 20, 2010 by admin · Leave a Comment
If you are struggling right now with paying your mortgage, you may be wondering what challenges exist when trying to get a short sale done in order to avoid foreclosure. Among many things, you of course may be in disbelief that this is happening to you and you may also be worried about things like [...]
Short Sales And “Strategic Defaults” – Does It Make Sense For You?
May 5, 2010 by admin · Leave a Comment
Let’s remember that short sales are real estate transactions that involve a homeowner selling their home for less than what is owed on their mortgage. Any time a property owner doesn’t pay their mortgage, they are defaulting on their mortgage obligations. “Strategic Defaults” are decided or chosen. Conversely, most defaults are not chosen but are [...]
Short Sales: Buyers Get Your Offer Recognized
May 3, 2010 by admin · Leave a Comment
When people call me and tell me they want to buy a short sale, I ask them, “What makes you interested in short sales?” The first response is usually that they’re a ‘good deal’. And I’m not going to argue with that in as much as, the price the buyer will pay will not be [...]
Short Sales And Why A Buyer Agent Is Necessary
March 6, 2010 by admin · Leave a Comment
In this article I will discuss short sales and why a buyer agent is necessary. For any transaction, as a Buyer’s Agent I am responsible for drawing up a purchase binder, presenting the offer effectively, and prompting acceptance of a good offer. With short sales, there’s more to a buyer’s agent than just these basic [...]
