If you have been exploring short sale now is the time to look a bit harder at this option. Why you ask? A couple reasons. First, over the past couple of years the lien holders (banks) have developed systems that streamline the short sale process. Some banks are better than others but overall they have improved. [...]
Saturday, March 26, 2011
The California Association of Realtors has just launched a new website, http://www.shortsalescalifornia.org/, to help members as well as consumers stay on top of all the latest news and insider tips on the ever-changing short sale process. With information for both consumers and REALTORS®, the website is full of need-to-know resources about short sales, and provides [...]
Friday, March 25, 2011
Had enough of the snow? Or maybe you are thinking of downsizing since the kids are gone? Whatever your reason to sell, you may want to consider putting your home on the market sooner rather than later. Summer is our area‘s traditional selling season, and when we see the most inventory of active listings. That’s [...]
Wednesday, February 23, 2011
A very common misconception in the short sale world is that you must be behind on your payments to be considered for a short sale. This isn’t necessarily the case as I have assisted homeowners with short sales that were current on their payments. The key factor is are you facing a financial difficulty. If [...]
Wednesday, January 12, 2011
Effective January 1, 2011 the State of Nevada will be requiring the seller or a certified inspector to complete a 4 page form that will then be provided to the home buyer. Click here to see the new regulation. The required form has the seller providing information about the home, monthly energy consumption for the [...]
Wednesday, November 10, 2010
New statistics show that 1 in 7 homeowners are facing difficulty paying thier mortgage. Homeowners facing these issues often wonder how they can afford to get help. I am here to tell you that you can get the help you need from an experienced short sale real estate agent and most, if not all, of the [...]
Thursday, May 13, 2010
Sellers if your mortgage is FHA insured the process for a short sale is very different. Make sure you work with an agent who knows the difference and can guide you through the process. FHA guidelines require a seller to get their home approved into the FHA Pre-Foreclosure Program prior to listing the property. Sellers [...]
Wednesday, April 28, 2010
Sales data just released from the Reno-Sparks Association for March 2010 was a real eye opener. Here are a couple of intrepreations of the data… For homes in price points under $400,000 it is a seller’s market. Overal in the Reno-Sparks market we have 2.8 months of inventory. The National Association of REALTORS categorizes a [...]
Tuesday, July 1, 2008
Many of you are hearing about short sales, but perhaps you are uncertain about what a short sale is. A short sale is when the seller of a home has an outstanding mortgage or mortgages that exceed the current market value of the property. Currently in Sparks, short sales represent about 25% of the active [...]
Monday, January 30, 2012
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