According to a New York University School of Law report (Time Magazine – 10/24/09), in 2008 as many as 86% of foreclosure victims did not have legal counsel. Distressed homeowners have difficult choices to make about what to do if the equity in their home has evaporated. There are many potential solutions. The one thing they have in common is that real estate brokers are not qualified to advise homeowners on which one is best.
Showing posts with label Short sale. Show all posts
Showing posts with label Short sale. Show all posts
Monday, November 23, 2009
Don't do a short sale ... until you have answered these questions
According to a New York University School of Law report (Time Magazine – 10/24/09), in 2008 as many as 86% of foreclosure victims did not have legal counsel. Distressed homeowners have difficult choices to make about what to do if the equity in their home has evaporated. There are many potential solutions. The one thing they have in common is that real estate brokers are not qualified to advise homeowners on which one is best.
Tuesday, June 23, 2009
MLS4owners.com Market Update - Statewide Open House June 27-28
- Market Update Topics
- Statewide Open House
- Legislature changes Seller Disclosure Requirements
- Improvements in the Marketplace
- Updating your listing if it is a Short Sale
Tuesday, May 12, 2009
What is the difference between a distressed sale and a short sale?
These real estate phrases are sometimes used interchangeably, but the meanings are very different. Following are oversimplified definitions for the state of Washington.
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