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Short sale Myth #7

Recently I read about six "Short sale Myths De-bunked" written by I Short Sale Inc. which was written for us to our home buyers and sellers. Sadly those short sale myths are in the heads of our clients. Surprisingly I found out that many times

Pending home sales increased again

Pending home sales have increased again in March 2010, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of Realtors®.... If you want to find out if it is right ime to buy or

Do you own more on your home than it is worth?

1 in 4 homeowners currently owe more on their home than it's worth, don't feel trapped! It may be time to ask: Is a short sale right for me? If you are concerned that your home may go into foreclosure and you have not qualified for alternatives

Breaking News

FHA WAIVES 90 DAY SEASONING " FLIP RULE " Effective February 01,2010 - Short Sale Investors can now complete a Short sale on a home and turn right around and "flip" that home to an FHA financed buyer. No more 90 days! Need more information

Average Buyers Can Afford Most Homes

Housing is remarkably affordable these days. A family earning the nation’s median income of $64,000 a year could afford to buy 72.3 percent of all homes sold in the United States during the second quarter of 2009, according to the National Association

How much can I ask for in seller concessions?

Typically on conventional loans the most a buyer receives in seller concessions is 3% (On a $100,000 purchase, $3,000). Making a larger down payment can raise the amount of concessions allowed from 3% to 6% or even 9%. However you rarely see these high