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.

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“. 

Homeowner Help: How to Avoid Foreclosure

With various events in the economy, do you, or someone you know, feel like it is difficult to afford your home?  Have you tried to sell your personal home but cannot based on the current real estate market?  Well this maybe just the thing to give you relief.  Beginning April 5, the Obama administration will encourage under-water mortgage borrowers to avoid foreclosure and instead alleviate their financial burden by short selling their home in a new, (what we hope to be) streamlined process.

Short Sale Help For Sellers

If you are selling your home and are considering a short sale, you may qualify for some incentives to make the process smoother for you and your potential buyers.  The U.S. Treasury Department announced new guidelines designed to make short sales go more smoothly.

To qualify under these new guidelines:

Don’t Get SHORTED in a SHORT SALE!

PRE-FORECLOSURES/SHORT SALES, which are when the bank will allow a homeowner to sell a home “short” of the mortgage owed, can be great deals when you are patient and aware of the risks.  However, short-sale properties can be money pits when offers take forever to close and vacant properties are trashed.

How to Make an Offer on a Foreclosure and Win

These days, it’s easier to make a low-ball offer than it used to be on a  real estate foreclosure property whether in Sandy Springs, Metro Atlanta, or any place in America, but still it’s important to be smart.  Here are some things that  would-be buyer should consider when contemplating such an offer on real estate:

SELLERS, Prevent Foreclosure

ANXIOUS TO SELL?

Selling your real estate through a short sale may never be your first choice, but for some it may be your best option.  Here’s how to go about it:  Sellers: Short Sale Can Prevent Foreclosure.