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Technical…Practical…Theoretically Interesting....Short sales laws that favor home sellers in California in 2014
In the real estate market, a short sale is the sale of a property under mortgage where the sale price is less than the balance of the mortgage. The bank receives the proceeds from the sale and may or may not relieve the borrower of the remaining balance. In...
How to Manage Broker Price Opinions Effectively
How to Manage Broker Price Opinions Effectively There are a number of reasons when a professional valuation of property is desired yet a formal appraisal is not required. In these instances, Broker Price Opinions (BPO) is ideal. A Financial Institution may legally...
Buying For Sale By Owner Short Sales California
For Sale By Owner Short Sales After the recession of real estate industry, real estate sales began increasing in the many U.S. markets as the distressed homeowners were forced to sell their homes less than the market value. The sale of property involving the short...
How to Find Government-Seized Homes and Foreclosures
How to Find Government-Seized Homes and Foreclosures Government seized homes and foreclosure properties may be the greatest attraction for savvy homebuyer and real estate agents. It may be interesting for others who want to make some investment in the property. It is...
Using a Home Inspection as a Negotiation Tool
Using a Home Inspection as a Negotiation Tool Home inspection is the most important thing that should be done before buying any house. It is not only a crucial element, as real estate agent will tell you, it offers disclosures that a real estate agent can't provide....
Can You Have a Strategic Short Sale Without a Hardship
Can You Have a Strategic Short Sale Without a Hardship? The biggest motivation of many homeowners who want to opt for a short sale process is that their mortgage balance has suddenly become greater than the value of their home. Essentially, they owe more than their...
Short Sale- Identify Your Short Sale Type
Short Sale- Identify Your Short Sale Type It is a good idea to stop and think about the first step in a short sale before pushing your short sale agent to find the listing in MLS. Many of them have been trying in vain to have a loan modification or work out some other...
What Questions You Should Ask Before Buying a Home
What Questions You Should Ask Before Buying a Home Buying a home may be the largest financial decision that you make in your life. You should have the knowledge of the things that you should know before buying a home. Most of the first time homebuyers consult real...
Advantages of Working with a Short Sale Agent
Advantages of Working with a Short Sale Agent Many home buyers trying to do a short sale typically first of all find some short sale agent they can trust. Trust is the main factor for going through the process of short sale. If someone looking for a short sale, he may...
How to Buy Bank Owned Foreclosures
How to Buy Bank Owned Foreclosures Banks acquire a number of houses through foreclosure. These properties on books of banks are called “REOs”. Banks are supposed to buy these properties because the owners failed to pay the mortgage payments and no one made the...
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