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Short Sale Attention by Lenders!
One thing is for certain and that is that the attention given to short sale property has recently improved. Post congressional hearings of late must have made an impression on the lenders that up until then have been dragging their feet, with all kinds Read More...
2 Story Steele Meadows Townhome "Reduced Price"
• 1,400 sq. ft., 2 - 1/2 bath, 3 bdrm 2 story - MLS® $109200 - "short sale" Steele Meadows Townhomes, Regent Park - Terrific 3 bedroom 2 -1/2 bath detached townhouse with storage in the Fort Mill area near Regent Park. Sold as is, short Read More...
Qualifed Buyers Wanted for pre-foreclosure property.
Real Estate Central is looking for a buyer that can put in an offer for this georgous (3) tree story home by May 28th. Buyer must be prequalified, lender has approved $240,000. Approximately 4100 sq. ft., six (6) bedrooms plus bonus, three (3) full bath Read More...
North Carolina & South Carolina to receive Hardest Hit Funds (HFA)
Allocation caps have been determined in proportion to the number of people in these five states living in counties with high unemployment, resulting in the following allocation caps: State Allocation Camp (millions) North Carolina $159 Ohio $172 Oregon Read More...
Fair Oaks SC -Like new Rosemont Plan from Ryan Homes "$259,000"
Don't pass this one up, we are still waiting for hear back from bank, but put in your offer now if you have the time. Beautiful model plan (Rosemont) home with many appointments like sunroom and bonus room. Storage abound and yard is welcoming with Read More...
Huntington Forest Charlotte Five (5) Bedroom Home Under Contract!
This is a short sale with approval priced for quick sale at $240,000. This 5 bedroom PLUS bonus or 6 bedroom home was purchased for over 400,000 in 2006. It is move in ready, lovingly taken care of. Lucky family just put this one under contract. Read More...
Common sense house buying and investing
A great article on the revised regulations of Wells Fargo concerning legitimate flipping of properties. Maybe other lenders will begin this commen sense lending practices, with so many distressed properties on the market somethings need to give. http://tinyurl.com/ydr9n8 Read More...
New and improved 1st time homebuyer tax credit extension.
Within just the past couple of days the senate has reached an agreement on the 1st time homebuyer tax credit extension, so lets hope it will become public very soon. The homebuyer tax credit which is due to expire November 30th would be extended through Read More...
What's a Short Sale?
Homebuyers these days will come across properties classified as a short sale more often than not. This is when a homeowner attempts to sell his home for less with lender approval rather than the lender taking it back through foreclosure proceedings. By Read More...
Long Life of a Short Sale
The timeline of a short sale, you wait and you wait and you wait. I have sat in classes and have been told by others about 90 days, but that is not the case. The phrase “short sale” does not refer to short period of time. Make no assumption Read More...