The nation is requiring Realtors to be more professional and be more educated in order to provide assistance to home owners facing foreclosure.
The goal in a Short Sale is to create a win-win solution for the Home owner and their lender. The Realtors hopes are to be resource, providing the tools to assist the home owner negotiate away out of the home with the least out out their pockets.
What is a Short Sale? A short sale is an option to work out a plan when the buyer is no longer able to afford their home, and the equity on ...<< MORE >>
Times have changed, ask any Mortgage Lender, Realtor, or anyone looking to buy a home.
When buying a home the buyer must be pre-approved unconditionally. Why is this so important to be approved unconditionally? The bottom line is, I would hate just as any other Realtor for the buyer to find a home they “LOVE”. Only to later learn they are unable to purchase the home because of the daily changes taking place in the mortgage industry.
In the past a person wishing to buy a home only needed to be pre-qualified or pre-approved to get a Realtor to show them homes.
A ...<< MORE >>
Buying a home that is in foreclosure is much different than buying one that is for sale by an individual or a property owned by bank.
A foreclosure is a process that allows the lender to repossess the home and later sale it to resolve a default on a property.
Why is Georgia Allowed to do a foreclose? The lender may take it back in form of Foreclosure, because the bank actually owns the property until the debt is paid in full and allows the Buyer to stay in the, use the, and occupy the home.
How is the title held? Title is held ...<< MORE >>
As I listen to the media I can not but remember a few sound bites.
The sound bite is by President O'Bama, "Yes, this is not a perfect plan"," but its better than no plan". and " Only Government can fix the economy"
I do not agree, I am a free market guy and small business owner that understands how business should work. I recall a term French term Laiszez Faire (ironic as that may be). That states Government should let Business do its own thing.
The term is Laissez Faire means:
lais⋅sez faire