How to REALLY Buy a SHORT SALE

You may be a buyer who has heard the horror stories associated with a Short Sale and may be fearful of them.  However, there is no need to be as Short Sales Can Be Your Best Buy.  The key to navigating a Short Sale is understanding the oddities associated with purchasing a Short Sale to minimize your frustration with the process.

The REAL Houses of Atlanta: Afraid of SHORT SALES? Why You May Be Missing the BEST Deals

In this real estate market, there are many fantastic deals to be had for the real estate Buyer but not just with foreclosures.  Despite the horror stories you may have been told, Short Sales can sometimes be your best buy and here are 5 reasons why:

“Is This A Good Real Estate Deal?”

In this real estate market, there seems to be no end to low-priced homes, whether foreclosures, REOs, short sales, owner financed, etc., but how do you know if it truly is a good deal?  I can see many purchasers salivating over the low prices in this real estate market but don’t pack up and move just yet.  Avoid getting caught in the hype of something being low-priced.  Here are several strategic factors beyond price to consider to help insure your real estate purchase will be a sound investment.

Becoming a Savvy Real Estate Investor in Today’s Market

With the record-low pricing that still exists in many regions of the country, you may be contemplating investing in real estate.  But how do you invest shrewdly in this real estate market?  Real estate entrepreneur Ryan Moeller offers these four tips for anyone considering a consumer real estate investment:

AFTER A SHORT SALE - When Can I Buy A New Home?

Here is a question from a concerned homeowner, “If I go through a short sale, how soon can I purchase another home?  I was told that if I did a short sale instead of allowing the home to be foreclosed on, it is not as bad“.  Answer, “It all depends“. 

OWNER FINANCING: Tips On How to Make It Work

Whether you are a Buyer with less than perfect credit, a Buyer with not enough down-payment funds or just a Seller eager to sell, owner-financing maybe a viable option.  Banks generally are willing to accept rent credits for an option to buy as an acceptable down payment, but both buyers and sellers must follow these guidelines for Fannie Mae and Freddie Mac to sanction the transaction.

AVOIDING BUYER HEADACHES: Lesson 1-”Yes, You’re Approved… Just Kidding”

Okay, you have done your homework by watching HGTV, reading various blogs and even consulting a real estate agent on what you need to do to purchase a home.  Among the prerequisites you were given, you were told to get a lender to pre-qualify you and you did.  Now you are excited and ready to look for some real estate.  But wait, not so fast!  To avoid any headaches after you have found the home of your dreams, you should help your lender examine if you are really ready to shop for a home.  “What are you talking about, Lee?” you maybe wondering.  Well, believe it or not, with the restrictions that have been placed now on the mortgage industry to curtail the number of future foreclosures and distressed homeowners, what you think is your income may not really be.