Posted by hollybarr on October 11, 2008 · 1 Comment
From my lender sources, the real estate buyout started on October 1, 2008. The basic translation of bailout is you renegotiate your mortgage with your lender to reflect the current market value of the home. Seems similar to a short sale where your REALTOR negotiates with the bank for a lower SALES price. The difference is with a bailout, you do not have to sell the property. Read more
Posted by hollybarr on September 2, 2008 · Leave a Comment
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Posted by admin on August 1, 2008 · Leave a Comment
When it comes to selling their house, most people will hire a professional just as you would hire a professional if you needed some dental work or you wanted to update the electrical in your kitchen. And, many people will listen to all the advice a realtor offers about cleaning up the home and putting away personal items. When it comes to pricing the property however, many sellers think they know best.
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