Community Home Buying & Selling Real Estate Guide
Insider's Guide to Real Estate Research & Home Owner Information
The Flow Chart below illustrates the short sale process from the time an offer is received until the Short Sale is approved. What is in the Seller’s Package typically? Financial statement Hardship Letter detailing the particular hardship that has interfered with the seller’s ability to meet the current loan terms (payments). Copy of pay stubs […]
What is a short sale? A short sale occurs when the seller of a property owes more money against that property than what they can ultimately sell the property for. Example, you have a $500,000 loan against your property, but now it is only worth $400,000. Adding the costs to sell your property at $400,000, […]
As a Simi Valley Home Buyer in this market you will be confronted by many homes for sale that are Short Sales. Before submitting an offer buyers should be concerned and careful about the process they are about to enter. The current market conditions for buyers has been difficult for many. Inventory levels have been […]
What is a Short Sale? What does it mean? A Short Sale occurs when a home Seller, who needs to sell their home, owes more in debt secured by the home than what the seller can expect a buyer to pay for the home. In other words when the sale occurs, the proceeds of the […]
Watch the following video from www.commoncraft.comand share your comments. You can use RSS to benefit you in your business, pastimes or personal needs. On the business front you can subscribe to websites/blogs that report on information related to your work and stay much better informed as information will be delivered to you as it happens […]
If you have ever watched public TV in California over the last 30 years on a Saturday or Sunday, then you will have no undoubtedly encountered Huell Howser. The greatest thing about Huell’s show is that he is a good ol’ boy from down south and his program “California’s Gold” is all about exploring California. […]
What is REO? Here’s one for the longtail and a sort of WIKI entry to my BLOG!!! In any business it is hard not to slip into the industry vernacular and forget that our audience may not really be following. REO is an acronym for Real Estate Owned. Here in Simi Valley and Moorpark an […]
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