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Answer: Once you are out of the first time buyer price range, everyone is faced with the dilemma of whether to buy first or sell first. . Either way is tricky, because you could end up owning 2 homes or none at all. In addition, most sellers will not take a contingent offer. Our Guaranteed Sale Program solves this problem. We guarantee your home sold, in under 60 days, or we’ll buy it ourselves. That way our clients can go out and shop for their next home without worrying about whether their home will sell or not. Call for details… Read More >>
Answer: Because times have changed. No one agent can be everywhere at the same time. Let’s suppose an agent has a relocation buyer in town. For three or four days they have to be with just that one buyer, a dream scenario for the agent, but not so for you. They are unavailable to show your home, they are unavailable to get feedback on showings, they are unavailable to negotiate contracts or inspection reports, and so on. Also, most agents are either great at people skills or great at paperwork. Rarely will they excel at both. Unfortunately, today’s real estate… Read More >>
Answer: The primary advantage to doing a short sale vs. walking away and letting your home go to foreclosure is that in a short sale the debt is settled and you no longer owe the bank any money. If your home goes to foreclosure, you may still be liable for the deficiency in the event that the bank files a judicial foreclosure.
A secondary (but still very important) advantage is that in a short sale, your credit takes much less of a hit compared to a foreclosure. The impact on your credit will vary depending on how established your credit… Read More >>
Answer: In a short sale, the lender agrees to settle the debt owed on the property for less than the full amount. “Settled” means that the lender is writing off the debt (which is why you get a 1099 after a short sale for the amount of debt forgiven) and that they are not going to go after you for the money they lost by filing a deficiency judgment in the future.