Short Sale Pros and Cons for Sellers

Short Sale Pros and Cons for Sellers

When we say short sale, we’re not referring to the length of time it takes to sell a home. Instead, the short refers to the fact that the purchase price of the home is less than what the current owner owes to the lender. There are many advantages and...
Preforeclosure: What Is It and How Does It Work?

Preforeclosure: What Is It and How Does It Work?

People who don’t make their mortgage payments on time may receive a letter from their lender letting them know that their property is going into preforeclosure. Those who do not take action run the risk of losing their homes for good. This predicament can be...
Is It Safe To Buy a Home In Foreclosure?

Is It Safe To Buy a Home In Foreclosure?

You’ve been keeping your eye on a certain neighborhood in your area. It’s filled with the kind of homes that you’ve dreamed of owning. One day as you are driving past, you see that someone is selling a home is in foreclosure. You think to yourself,...