Tag Archives: foreclosure

Reverse Mortgage… a Relief for Seniors

This gallery contains 2 photos.


All of us have seen the advertisements on TV about the ‘Reverse Mortgage’ – but how many of us really believe a TV commercial? Is it just a gimmick so the bank to get hold of our house? Well, the … Continue reading

Gallery | Tagged , , , , , | Leave a comment

Are There Really Great Bargains in Buying Foreclosures?

This gallery contains 7 photos.


Most people are under the assumption that all foreclosed homes are bargains. Well.  .  .  YES and NO YES  if you are looking for a home priced under market value.               NO  if you are looking for a home in super … Continue reading

Gallery | Tagged , , , , , , , , | 6 Comments

Buying a Home. . .

This gallery contains 15 photos.


       Buying a Home  . . .And Why You Should be Working with an ‘ABR’ Whether you are a first time homebuyer, or it’s been quite a few years since you bought your current home, buying a home may seem quite daunting. Well, sit … Continue reading

Gallery | Tagged , , , , , , , , , , , , , , , , | 17 Comments

‘Short Sale’ Tips for Sellers

This gallery contains 9 photos.


Navigating Short Sales: What to Do When the Sale Price Leaves You Short If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of … Continue reading

Gallery | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

Pre-QUALIFICATION or Pre-APPROVAL?


What’s the difference??? There are three types of home-sales that require you to be Pre-Approved. REO’s (home foreclosures) Short Sales (sale price is lower than the sellers mortgage payout) ‘Relos’ (homes being sold by a seller’s relocation company) Add to that, ordinary … Continue reading

Gallery | Tagged , , , , , , , , , , , | 2 Comments

What is Chinese Drywall?

This gallery contains 5 photos.


Since Hurricane Katrina and the rash of repairs and new construction that followed, we have seen a higher than normal incidence of homes contaminated wth Chinese drywall. YES. . . contaminated!! As in poisonous!! These homes are not fit for … Continue reading

Gallery | Tagged , , , , , , , , | 2 Comments

Mortgage Choices: FHA 203k? …or HomePath Loan?

This gallery contains 1 photo.


In this market, agents are quite often asked which is better… An FHA 203k or a Fannie Mae Homepath loan? The following is a reprint from a blog by Justin McHood who works for Academy Mortgage and is based in … Continue reading

Gallery | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Can’t Afford Your Mortgage? Read on. . .

This gallery contains 3 photos.


Have you recently suffered a major financial loss and can no longer afford your house note? Have you already missed one or more payments and the mortgage company is stressing you out with harassing phone calls and letters? Do you … Continue reading

Gallery | Tagged , , , , , | Leave a comment