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... Read Full Story
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... Read Full Story
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... Read Full Story
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... Read Full Story
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... Read Full Story
A well-known index of home prices in the country indicates that property values fell over 10% in January in both large metropolitan areas and in wider geographic areas. This obviously indicates a worsening foreclosure crisis, and homeowners may no longer have enough equity to refinance or sell their homes outright. Many of them may be completely underwater by ten or hundreds of thousands of dollars.
The banks, too, are worried about this, because homeowners who feel they have nothing to... Read Full Story
Price dramatically reduced as owner tries to sell before auction!
Princeville Mauna Kai Condo - 2 Bd, 2 Ba with 1,503 sq ft of gracious living space for only $430,000 - check out the Listing and Yahoo Map - let’s make an offer!
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