Short Sales for Buyers can be complex There is nothing like understanding short sales for buyers. A short sale is a complex transaction and requires many things to consider. The best advise I can give you is find an agent…
The effects of a Short Sale on Credit Scores Unfortunately a short sale may effect your credit scores. Make no mistake, the “ding” to your credit score can be very minimal (50 points) to much higher (150 points or more). …
Many times as a real estate agent who does Massachusetts Short Sales, I am called by upside down homeowners who are in a panic because they have received their foreclosure notice and don’t know what to do. If you are…
One thing to be aware of when you doing a Massachusetts Short Sale is the potential of a tax liability. Short sales can have many benefits for upside down homeowners who are facing foreclosure and will probably far out way…
Another Lowell Massachusetts Short Sale Sold!! 74-76 West Forest Street, Lowell MA 01851- My short sale team has successfully closed another Lowell MA Short Sale. If you live in Lowell Massachusetts or any where through out the Merrimack Valley call…
One big question I am asked when meeting with potential Massachusetts Short Sale sellers, is if they “should stay in the home or move immediately during the short sale process?” The answer to this question is of course is very…
We hear the term deficiency balance, when we are talking about Massachusetts Short Sales or Foreclosures. It is the biggest concern for a home owners going through a short sale or facing a foreclosure. What is a deficiency balance? A…
A Junior Lien is usually a second mortgage or home equity lien of credit but can also be mechanic’s liens, child support liens, credit card liens, attachment for repossessed automobile or a number of other situations. Many home owners financed…
There are many things to consider when you are deciding when to short sale your home. As a Massachusetts Real Estate Agent who has specialized in short sales over the past four years, the most important piece of advice I…
This questions was just asked on Trulia, “I am interested in a short sale property which has been on the market for 2 years. How low is to low of an offer?” I thought it was a great question, as…
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