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 [...]
Sometimes, tough times in our lives arise. When these moments come along, it becomes necessary to make adjustments. Sometimes people find out that it can be difficult to pay their mortgages on [...]
A short sale is a way for homeowners to avoid bankruptcy. If a homeowner is unable to afford their mortgage payments, they might be allowed to sell their home quickly to recoup lost funds. This [...]
Before rental sites such as Airbnb made short-term rentals common place, it would have seemed crazy to rent your home out to a stranger while you go on holiday. But along with Airbnb, other [...]
There are a lot of risks that come along with purchasing a short sale home. While in most cases, the previous owners leave the property so the new owners can move in, this isn’t always the [...]
When you’re facing a foreclosure, it’s best to do whatever you can to salvage your credit score. A short sale is often seen as a solution to foreclosure and as a way to protect your [...]
How to start the process of short selling your house: 1.) The first step is to list your home for sale. Do not do a short sale by owner, because there will be no money to be saved. Start [...]
Losing your home to a short sale can be a setback, but it does not mean that you have to give up on your dream of home ownership indefinitely. A short sale occurs when a homeowner decides [...]
If you are considering selling your house yet owe more on your mortgage loan than the home is actually worth, you should know you are not alone. Plenty of people end up owing more than their [...]
No one likes to think about the possibility that their finances may take a turn for the worse, but life-changing events such as redundancy, illness and even market crashes can harm the ability of [...]