Category: short-sale-information

Losing Your Home to Someone Else Can Be Painful

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There are a number of dreams centering on each of our homes. We have memories there, we have the feelings of sharing, we feel jus the warmth and our home is something that is the most cheering of all possible recluses on earth. However, like any thing else of our concern, we are also vulnerable … Continued

Why Would a Lender Do a Short Sale?

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Why Would a Lender Do a Short Sale? There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives … Continued

Short Sale vs. Foreclosure – What’s the Difference?

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Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop making … Continued

What is a short sale and how does it benefit you?

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What is a short sale and how does it benefit you? If you’re thinking that question about yourself… great question! In this article we’ll dive into that question so you as a home owner can tell what your options are during foreclosure or just if your home mortgage is underwater. What is a Short Sale … Continued

Who are the cash house buyers?

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You’ve seen the “we buy houses” and “cash for houses” signs all around town when you’re driving around… so who are these cash house buyers in?  Are they legit? How does it work?  Who should I trust? We’ll dive into these questions here in this article… and don’t be afraid if you have other questions … Continued

Foreclosure effects – What sellers need to know

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Foreclosure is a nightmare to any family going through it irrespective of the reasons why they are about to lose their home. Today we are going to look at the foreclosures effects and what local house sellers need to know. First we will look at the effects and the ways of easing them. Foreclosure Effects … Continued