Short Sale Great Investment! or Live in one, rent out the other. 1649 MALAKIA ST - MLS 212661 Main House has approximately 1,200 sq. ft. of living space with: 4 bedrooms and 3 baths 1,550 sq ft of living area on 6,048 sqft of land 3 bedrooms, 2 bath in upstairs unit Two car carport with washer/dryer and Fenced back yard. Master bedroom upstairs has it’s own wetbar. Attached downstairs studio approximate 350 sq. ft. has it’s own laundry/storage room, full bath, kitchenette, privte yard and separate entrance. The entire house has been upgraded with granite counter tops, berber carpet. Great house for great ...
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OK, you're three months behind in mortgage payments and the lender is calling every day. Most people in the situation think selling their home is the best and only solution. It seems everyone knows a realtor and of course they turn to that person for help. After a review by your realtor friend you are told the bad news. Your home won't sell for enough to pay off the balance of the loan, the fees, and of course the real estate commissions. Many people still try to sell their home but eventually they accept the fact that foreclosure is inevitable. What is a Short ...
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THE LATEST NEWS ON THE TAMPA REAL ESTATE MARKET, BUYING A HOME IN TAMPA, AND REAL ESTATE ISSUES AROUND THE WORLD, EVERY DAY, ON THE REAL ESTATE SIZZLE…. I have been working on a number of “short sales” this week…situations where the property will sell for less than the mortgage amount and the lender agrees to “forgive” the difference between the sale price and the loan amount. It is far more complicated than a normal real estate transaction and the seller must prove “hardship”…the inability to continue to pay the mortgage and the lack of “assets” available. There are several common factors among these ...
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Wikizines are interactive magazines that anyone can create or edit - and this one is called "Short Sales". Here you can find fresh voices and respond in real time. Some members write articles about recent news and trends related to the wikizine's topic, others recount relevant personal stories or share their favorite pictures and video clips. Got an interesting idea or story to share with other members of this wikizine? Well, then put on your journalist's cap and add your own article!
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Even if foreclosure numbers for Colorado are inflated, there’s no disputing that the state is experiencing a softening real estate market, which is bad news for those trying to unload their homes quickly. But some desperate homeowners are discovering they might have an option other than foreclosure. It’s called a “short sale,” and refers to the process of negotiating with a lender or lenders to accept less than what’s owed on a property before the home goes into foreclosure. A short sale involves a financially strapped seller who owns a house that has declined in value. Also, the sum of the encumbrances — such ...
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