Posts Tagged ‘Home Sales’

The Short Sale Process – My Safety From Foreclosure?

Posted in Real Estate News on September 19th, 2009 by keebler – View Comments

The short sale process can be quite stressful on the homeowner. They are in the unfortunate position where their home is worth less than the mortgage – the short sale definition. Most homeowners allow themselves to approach dangerously close to foreclosure before admitting that the short sale process is something they’ll have to deal with.   Red Roof Homes

Before the process can begin there must be an agreement between both lender and borrower. It’s an agreement between two parties that involves many complexities. The most valuable aspect of the transaction for the homeowner is the avoidance of foreclosure. read more »

Help Your Sellers Prepare for an FHA Appraisal Inspection

Posted in Uncategorized on September 17th, 2009 by keebler – View Comments
From :  JAZ Residential Appraisers
Help Your Sellers Prepare for an FHA Appraisal Inspection
HUD has enacted significant changes in the appraisal process for an FHA loan. We have prepared a list of suggested preparations which can significantly reduce the amount of time an appraiser must spend in a home as well as to reduce the number of re-inspections necessary to comply with these HUD mandates. This is not intended to be a complete list, and there may be other conditions found upon inspection that could affect the reporting and require correction. However, being proactive in correcting obvious deficiencies will spare time and expense. investment_property_deals
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