Real Estate News
Broker Facing Federal Prison Time in Short Sale Flipping Fraud
In real estate, short sales are triggered when a seller’s property is worth less than what they owe on the property. The seller then needs…
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short sales
Need to know what a short sale is? How does a short sale effect the Seller? The Buyer? www.homebuysblog.com is loaded with articles from experienced short sale Realtor Ted Mackel. If you don't see the information you are looking for then ask Ted and he will write a detailed article to address your questions. Find out why Ted and his Team has a 100% track record getting approvals and the sales closed. Simi Valley's first source of information for Short Sales is here.
Sellers
What is an Approved Short Sale?
What is an Approved Short Sale? No doubt if you have been in the market to purchase a home, you have encountered properties listed…
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short sales
The Short Sale Process
The Flow Chart below illustrates the short sale process from the time an offer is received until the Short Sale is approved. What is…
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Home Owner Relief – FHA policy seeing the benefits of Short Sales
While the new improved FHA policy looks to aim at the hardest hits part of the county, this is definitely an improvement in understanding…
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2013 Tax problem for Simi Valley Home Sellers – The Mortgage Forgiveness Debt Relief Act
The extension of the Mortgage Forgiveness Debt Relief Act is very important to the housing market and has major Income Tax implications for those…
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Simi Valley Home Owners – HAFA Short Sale Requirements Set To Improve
What are HAFA Short Sale Requirements and how will it help Simi Valley Home Owners? HAFA (Home Affordable Foreclosure Alternative) is a government sponsored program…
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Buyers
10 Mistakes Home Buyers Make with Simi Valley Short Sales
Simi Valley Short Sales have been a big part of my business for the last couple of years. It is important to avoid the…
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How does a Lis Pendens affect California Real Property?
I see questions all the time about Lis Pendens in online Real Estate discussion forums all the time. Before diving into the information below…
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Sellers
I’d Like To Buy Your House For Cash – Beware of Short Sale Flipping
A series of news reports over the last few years are covering a problem that has hit the Short Sale Market. As in any…
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Sellers
What is a Short Sale & Can I Short Sell my Home?
What is a short sale? A short sale occurs when the seller of a property owes more money against that property than what they…
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