Why is a Short Sale better for me than a foreclosure?
I have written past articles about why you should consider a short sale over a foreclosure. Lately, I have been on a few short sale appointments where the home sellers feel if they are going to lose their home anyways why bother with a short sale instead
61 Ayers Village Road in Ayers Village is Sold! Successfull Short Sale!!
Ayers Village, Haverhill – The colonial at 61 Ayers Village Road has been sold. Property information Many time I am asked by buyers and real estate agents that do not normally engage in the business of short sales, is how much does the seller owe on the
Townhouse For Sale in Merrimac
Private yard!! • 1,164 sq. ft., 1 bath, 3 bdrm townhouse – MLS® $185,000 – Taste, Stye and Charm Merrimac, Essex County – Taste, style and charm abound in this not your “cookie cutter condo”. Approximately 14,000 square feet of exclusive
41 Floyd Avenue in North Tewksbury is Sold!
North Tewksbury, Tewksbury – The colonial at 41 Floyd Avenue has been sold. Property information For more information on getting your Tewksbury home sold call your local Tewksbury Realtor, Kevin at 978-360-0422
30 Market Street, Unit 14 in Downtown Arts District is Sold!
Downtown Arts District, Lowell – The other at 30 Market Street, Unit 14 has been sold. 30 Market Street was a short sale with a first and second loan with Bank of America (also had to negotiate with a mortage insurance company). Listed in November and
Misconception about the Declaration of Homestead
The Declaration of Homestead Act basically allows a homeowner to protect up to $500,000 in equity in their home against creditors. The home must be the homeowners primary residence. I have recently run into a situation where homeowners are stunned that
Wakefield MA- Short Sale Closed Today!!
Successfully closed on a short sale in Wakefield Massachusetts today. This home was a relatively easy one. US Bank was the only lien holder and we received short sale approval in 15 days from submitting the package. No deficiency judgments!! From the
Short Sale Success in Haverhill MA
18 Jeffery Lane, Haverhill MA 01832- Sold $160,000 2 Bed, 1.5 Bath, 1240 square feet- Townhouse Last week we were able to close on this townhouse last week. The transaction was a short sale and required lien holder approval form the first lien holder,
The Short Sale “Hardship”
For many homeowners a short sale is the last option before foreclosure. When a bank is considering a short sale they aren’t doing it just because the seller is upside down on their home. They are generally looking for a financial hardship to justify
Dracut Massachusetts Short Sale Successfully Closed- No Deficiency Judgements!!
Another Dracut MA Short Sale Successfully Closed Short Sales can be a complicated real estate transaction. My Short Sale team and I just successfully closed another short sale in Dracut Massachusetts. This particular home required short sale approval
Colonial For Sale in Ayers Village
• 3,328 sq. ft., 3 bath, 4 bdrm colonial – MLS® $460,000 Ayers Village, Methuen – Beautiful, modern colonial, set back on its own private oasis. Built in 2005 this home offers plenty of space, large eat in kitchen, many rooms with hardwoods and
Short Sales and Your Tax Liability
There is a lot of confusion surrounding the tax liability in regards to the forgiveness of debt when it comes to a short sale. First off it is important to state you are concerned about the tax liability in a short sale, you should definitely talk to
Downtown Haverhill Loft for Sale- Short Sale
• 985 sq. ft., 1 bath, 1 bdrm other – MLS® – Stunning Loft Just Reduced- $79,000 Downtown, Haverhill – Stunning downtown loft with a one minute walk to the train station. Large windows, high ceilings and exposed bricks make this loft and exciting
Short Sale Myth Buster
I find much confusion among buyers and many agents when it comes to who controls a short sale property. The mortgagor or owner of the property still owns and controls the property. What does this mean? If an offer is tendered on a short sale property Posted by Kevin Vitali | 0 Comments Filed under: Real Estate, Seller Information, Short Sales
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