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Desperate Lenders Will Accept Any Offer?
Elyria OH –
Have you heard the following myths about short sales?
Myth #1: You can buy short sales for dirt cheap and then turn around and resell them for a profit.
Myth #2: Foreclosures, Short Sales, and Bank Owned Homes can be bought for 30 to 50 cents on the dollar with no money ...
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Elyria OH – A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home.
We gave them the normal answer: “It’s much better for your credit.” That was the first thing that popped into our head.
But, I knew there ...
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Daily Real Estate News January 12, 20112011
Mortgage Trends: Jumbo Loans, Cash Buys
The number of mortgage applications for home purchases is expected to become a bigger part of the mortgage market in 2011 as home prices stabilize, predicts the Mortgage Bankers Association. Refinancing has mostly dominated in recent months as home ...
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My Realtor hasn't talked to me about a Westlake Short Sale & I'm not even getting a showing. I think I might be upside down. What do I do?
Westlake OH - We recently received a question from Jennifer. She is having a hard time selling her home.
“I have had my house for sale for a little while, but it ...
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Westlake OH - Most people think the person they mail their mortgage payment to every month is the owner of their loan.
Not so. In fact, most of the time, they are not the owner. As an example, 80% of all loans that Bank of America handles are not owned by Bank of America.
Discover how other sellers successfully did a short sale to avoid ...
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What’s Happening in Today’s 2010 Westlake Ohio Real Estate Market?
As of 1/11/10, In the Westlake, Ohio Real Estate Market, according to Normls (Northern Ohio Regional Multiple Service), including single family homes and condominiums, there are:· 301 Active Listings – ...
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