Attention Real Estate Agents in the DFW area: You are invited to join us in Frisco on Tuesday, September 25th at 1pm for a 2-Hour CE course on Short Sales! This a great opportunity to network with other local agents and learn all about short sales. RSVP is required, please email Ellen.Day@stewart.com
In this article I really want to clear up a lot of confusion and misconceptions about the foreclosure process. A lot of times people see the word “Foreclosure” and stress out thinking that if they don’t pay off their loan, or catch up the loan, there are no options. Real estate agents sometimes think that if … Continue reading Truth About Being on the Foreclosure List
What are the Advantages of a Short Sale Over A Foreclosure? Nobody ever imagines that their own home might one day face the prospect of foreclosure. However, the real estate crash and economic downturn have made this nightmare a reality for many Americans. Sadly, the foreclosure process is often a long and painful process for those … Continue reading Advantages of a Short Sale Over A Foreclosure
Receiving a notice of foreclosure from the bank can be a terrifying experience for a homeowner. Many people quickly will go into panic mode, frantically beginning the search for a new place to live as they lament the damage that a foreclosure will do to their credit history. If you have received a foreclosure notice, … Continue reading What Do I Do if I Receive a Foreclosure Notice?
A Short Sale is when a lender is willing to accept less than what is owed on the loan. Even then, short sales continue to be very misunderstood. Here are some of the most common myths regarding short sales. 1) Myth: A short sale is not possible on a second home or investment property. Fact: If the homeowner … Continue reading 4 Short Sale Myths Busted
To qualify for a short sale, your home must be underwater and you must be going through a hardship. Although there are many other factors involved in the short sale process, those are the two starter questions to consider. How exactly is a home “underwater”? Underwater means that the mortgage you owe on the house is more … Continue reading Short Sale Process: How Do You Qualify?
You spent hours, over the past weeks, to send them the correct paperwork only for them “not to receive it”. Or sign the same forms over and over again, because they are picky about your middle initial. Or track down page 6 of 6 on your bank statement that is “intentionally left blank” because they … Continue reading Denied for a Loan Modification?