So you have to sell. Here is what you should…
ContinueAdded by Marcy Moyer on August 31, 2011 at 11:13am — No Comments
There is another conflict brewing between investors and first time home-buyers, and this time the home buyers may win. In the more affordable areas of the Silicon Valley distressed properties, ie short sales and reos have been popular with investors and first time buyers. Many would be owner occupiers lose out on great opportunities to investors who have all cash. Since condos are the least…
ContinueAdded by Marcy Moyer on August 27, 2011 at 10:25am — No Comments
If you are an owner of a home with a second loan that is a Home Equity Line and you are having trouble paying your mortgage you should do something about it right away. I know you have probably heard that banks are taking up to 2 years to foreclose so you have plenty of time, but there is a dirty little secret in the mortgage world. HELOCs are not entirely like traditional mortgages, they are more like credit cards. If you do not pay your first mortgage your lender needs to find a way to…
ContinueAdded by Marcy Moyer on August 23, 2011 at 5:02am — No Comments
Gorgeous Condo in Secure Building | $125,000.00 … | |
Added by Marcy Moyer on August 17, 2011 at 11:32am — No Comments
The question of whether to short sell a home in probate used to be rare, but now unfortunately it is not. There are estates where the owner dies, owes more than the house is worth, and a decision needs to be made by the Personal Representative (executor) as to what to do.
My opinion, try it. If it is in the best interest of the bank/investor to short sell rather than foreclose they will do it. If it is not, they won't and will…
ContinueAdded by Marcy Moyer on August 7, 2011 at 4:05pm — No Comments
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