The definition of a short sale is the sale of real estate in which the amount yielded from the sale is short of the balance owed on a loan secured by the property which will be sold. That means that a property has more owed against it than it is worth in current market conditions. […]
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Are you leaning towards stepping into the investment market? You may get the idea that buying a foreclosure is your best bet for a great deal on a home. Well, it’s possible, but remember that the foreclosure market is full of perilous pathways and competitive investment pros who know what they’re doing. Whether you’re considering purchasing
Foreclosures – A Dream or a Debacle? Read More »
Should I buy a Los Angeles home in a short sale or foreclosure? Should I sell my home as a short sale or allow the bank to foreclose? These are questions faced by many Los Angeles home buyers and sellers in today’s tough times. What is a short sale? A short sale is when a
A Los Angeles Short Sale or Foreclosure, Which is Better? Read More »
Buying a Foreclosure in Los Angeles is not an easy process and not for the faint of heart. There are three stages of buying: Pre-foreclosure: This is when the home is in the process of being foreclosed on but has not been sent to the auctioneer’s table. This kind of sale is a short sale
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