Tips on Buying a Short Sale Property Many buyers look to short sales as a way to purchase a home at a steeply discounted price. A short sale occurs when the seller's lender accepts less than the full amount owed on the mortgage — a time-intensive approval process requiring reserves of patience as well as cash. For ...
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Check List for a Short Sale Short sales accounted for approximately one-quarter of home sales in late 2011, surpassing foreclosures, according to Bloomberg. A successful short sale transaction benefits the seller, lender and ...Read More
How to Get a Bond Loan Bond loans -- or mortgage revenue bonds -- are issued by states to subsidize mortgages for qualified buyers -- usually low- and middle-income people buying their first home or their first home after ...Read More
How to Break a Real Estate Sales Contract Few people sign real estate sale contracts with the intention of breaking them. Nevertheless, there are times when a buyer feels that the benefits of terminating the agreement outweigh the risks. The ...Read More
Warranty Deed Vs. Deed of Trust Warranty deeds and deeds of trust are two terms you'll hearing often during the home buying process. The deed of trust is used by the lender to secure interest in the property should the buyer ...Read More