Tips
Does a Bank Only Do a Short Sale if a Seller is Delinquent?
February 6, 2012 by About.com Home Buying / Selling · Leave a Comment
Many sellers automatically assume that they have to be delinquent to do a short sale.
I’ve heard agents express the belief as well — that short sales are granted only to sellers who are delinquent. Not only that, but they believe the property has to …
How to Get a Mortgage When You Have Bad Credit
February 3, 2012 by About.com Home Buying / Selling · Leave a Comment
The problem with getting a bad credit mortgage is it’s expensive.
The only people making loans to people with bad credit are the guys who are charging an arm and a leg for the mortgage. They can get away with it because as long as they follow state u…
Should You Write a Back Up Offer?
February 1, 2012 by About.com Home Buying / Selling · Leave a Comment
Buyers don’t often think about putting in a backup offer.
I suspect it’s the fear of the unknown, and buyers probably think it’s not worth their time. Another reason could be because a backup offer is not a sure deal so agents discourage them as well…
How Flexible is That Short Sale Price?
January 30, 2012 by About.com Home Buying / Selling · Leave a Comment
After all these years of short sales, there are still buyer’s agents who ask if the seller is willing to take less than the advertised short sale price.
Not only is a listing agent prohibited from answering that question due to her fiduciary relation…
Struggling Homeowners Take on Roommates
January 27, 2012 by About.com Home Buying / Selling · Leave a Comment
In order to reduce expenses, some cash-strapped home buyers are teaming up with a friend to buy a home together as tenants in common instead of buying as a single person.
Personally, I think most single people are better off trying to qualify for a h…
