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'Short Sales' articles

Your mortgage and relocating for work

January 04th, 2012

If your underwater mortgage is stopping you from taking a job elsewhere, you're not alone. Here are some options for dealing with this situation....  Read More

3 tips for buying a short sale

December 21st, 2010
In many housing markets across the country a significant number of the homes for sale are "short-sales." In the short-sale scenario the current owner of the home is not making...  Read More

Foreclosures: latest crisis impacting you?

October 19th, 2010
In the past two weeks the housing markets across the country have changed dramatically. Recent discovery of serious flaws in the foreclosure process of major lenders has halted foreclosures across...  Read More

Prequalifying: are short sales or foreclosures a bargain?

October 05th, 2010
In some markets across the country, 30 percent or more of the homes on the market are bank controlled, meaning the home is either owned by a bank due to...  Read More

7 Tips For Purchasing A Bank-Sold Home

July 01st, 2010

In many parts of the country, particularly those hardest hit by the housing bust, the best home purchase deals may often be bank-sold. That’s because many homes have been foreclosed...  Read More

Refinance or Purchase After Short-Sale? Yes You Can

May 18th, 2010

Fannie Mae recently joined the FHA (Federal Housing Administration) in issuing underwriting guidelines for prospective homebuyers with prior short-sales. You may bow be eligible for a “short-refinance” or new purchase...  Read More

Buying a Short Sale? Find Out What's on Second

February 18th, 2010

“Who’s on First?” is one of the greatest comedy routines of all time. Performed by the famed duo Abbott and Costello, the routine sets out to inform Bud Abbott the...  Read More