Shortsale refers to any type of real estate being sold for less than the borrower owes on their mortgage note. Lenders authorize selling the property short of what is owed based on several factors. One of the most prevalent factors is if short selling will be less costly than allowing the property to fall into [...]
What to look for in a green house How often have you heard about the term “green home”? It has become important from a critical point of view to really “go green”. With the speed that we are losing the natural resources deep inside earth, it is imperative that we slow down our usage of [...]
If you get behind on your mortgage then you can go into foreclosure but it is important that you try to work out an arrangement with your lender. In many cases the lender will be more than willing to work with you because they do not want to own your house and try to sell [...]
What to include in your offer when buying a home: You may have your estate broker write an offer for you but the best thing is to write it yourself, this would afford you the opportunity of being direct with the seller. More so, the investment is capital intensive, you can afford to let a [...]
Some DFW home sellers are emotional for a different reason; they are upset because they can’t sell their home. Here are some of the top selling mistakes. Asking is Priced Too High The single worst home selling mistake that a seller can make is asking too much for the home. If the home is priced [...]
Repair your credit Before buying a house Have you ever thought of repairing your credit before you apply for a mortgage loan? Lot of buyers do not think very seriously about credit repair, as they feel that they have enough to take care of a chunk of the amount required for purchase by virtue of [...]
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