Yes, homeowners with two loans can apply to short sale their Wellington FL home. However it is important to keep in mind not all short sale sellers will qualify to short sale their home, regardless of the number of lienholders. There are many variables when it comes to short sales and it is important for sellers to hire an experienced short sale [...]
Contributors
When entering the world of short sales there are a lot of unknowns, so it is extremely important that buyers understand the short sale process and set their expectations accordingly. If you are a buyer considering pursuing a Wellington FL short sale here are a few things you can expect: Short Sales are NOT Short! As a Short Sale Buyer expect [...]
Those who have never had a home for sale before often think that selling is as simple as hiring a real estate agent and putting a sign in the yard. Believe me, it’s not that simple, as you’ll soon discover! The Interior of Your Home You’ve taken care of the exterior of your home for sale-the first up-close [...]
Losing your home to foreclosure is a painful event that continues to haunt you long after your home has gone back to the bank. Your credit score is severely affected and, regrettably, most people cannot be sure that they will remain safe from foreclosure because they haven’t foreseen the “unexpected.” Such events as serious illness, a [...]
What’s worse than an Unrealistic Seller? I think it is common for a lot seller’s to think their home is worth more than their neighbor’s house that sold down the block a few months back and therefore want to ask X amount more. Unrealistic Seller What’s Worse Than an Unrealistic Seller?They have granite and their [...]
Attention homeowners! There is a lot of information in the media right now about the housing market, about the government’s policies and procedures for helping homeowners facing tough times, and about options available when you are having trouble making mortgage payments. In this short article, I will attempt to clarify one of the options available: a short sale. [...]
Every short sale will have several hurdles that need to be jumped in order to reach the finish line and one of the biggest hurdles I have encountered over the past year in Wellington Florida are HOA liens (Homeowners Association). Last year I had a short sale buyer purchasing a short sale that had three lienholders; first mortgage, second mortgage and [...]
As I’m sure you are aware, the real estate industry is experiencing one of its worst down markets in history—at least locally it is. The last thing you want to do is pay commission to a real estate agent, right? Not to mention the fact that you’re nearly positive you can sell your own home just fine without [...]
Short Sales Stay on The Market a Long Time! It is very common to see a short sale have a DOM (Days On Market) well over 100 days, 200 days, even 300 days. So why are these short sales still for sale? Here are a few possible reasons: The home is no longer for sale, but still appears [...]
You have moved out of your home, but the property isn’t going to close and be transferred to the new buyer for another month or so. You want to save a few bucks. So, what do you do? You turn off the utilities. You cancel the trash pickup and the water service. You tell the pool [...]
