Real Estate Explained

Archive for the 'Short Sales' Category

How to Find Short Sales and Foreclosures

Saturday, December 8th, 2007

Looking to buy some foreclosures or short sales?  Here are some tips that can help with the process. Search the online local government sites to see if there is a lis pendens on the property.  This is usually the first sign that the owner may be heading into foreclosure.   If you locate a property that you may have […]

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Short Sales

Thursday, October 25th, 2007

What is a Short Sale? A Short Sale is when a bank will take less for the property then what the owner presently owes on it.  It has become a popular portion of the marketplace today since there are more and more sellers that are upside down on their mortgage due to various reasons.  Some need to move […]

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