3 common short sale mistakes

3 Common Short Sale Mistakes to Avoid

If you’re negotiating a short sale, you know just how prickly the deal can be. Missing paperwork, mistakes, lag time are all commonplace in short sales but create nightmares for buyers. If you’re not prepared, you can’t help your client be ready for what will...

how to successfully negotiate a short sale

How to Successfully Negotiate a Short Sale

If your client has their heart set on purchasing a short sale property, you’re most likely in for a long process. Yes, you’ll be part of a negotiation that involves convincing the lender who holds the mortgage to sell the property for less than the...

couple touring a house with real estate agents

Anatomy of a Short Sale

How to Navigate the Short Sale Process If you’re navigating a short sale you can expect the following steps: Financial Hardship.The seller has endured a financial hardship, and they owe more on their home than it’s worth which is called negative equity. The seller decides they are unable...

short sale for sale sign in front of new home for sale

3 Things That Will Slow Down a Short Sale

A short sale is defined by the National Association of Realtors as “a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner.” Often they occur because the home is worth less than what is...

a visual guide to closing costs

A Visual Guide to Closing Costs

Closing costs run between 2-5% of the price of the home you’re buying so they can add a considerable amount to what you pay for your home, particularly if you don’t factor them into your budget. But they’re also largely negotiable between the homebuyer and...

man standing in front of house for sale illustration

The Do’s and Don’ts of Buying a House

There are a lot of things that go into buying a house from financing to inspections, deciding on location and neighborhood to negotiating closing costs. Here are some of the most common mistakes and the best advice in home buying. When Buying a Home Whether it’s your...

seller responsibilities when buying a home

Seller Responsibilities When Buying a Home

There are some home seller responsibilities that are fixed and occur in almost every sale. Others vary depending on the market. For instance, in a buyer’s market, the sellers may take on more costs because they are trying to make their home sale the most...

woman sitting at desk reviewing paperwork holding pen

10 Typical Homebuyer Closing Costs You Should Expect

Buying a home will cost you more than just the price of the property. Unless you’ve negotiated otherwise with the seller, you can expect to pay closing costs. But do you know what those closing costs entail? They will be detailed in your closing disclosure,...

how to estimate home costs

How to Estimate Your Home Closing Costs

When you're buying something larger than your yearly salary, what’s a couple extra thousand dollars on the payment? Well, it could be the difference between you having the required money down or not. That’s why estimating your closing costs will give you a much better...