Home Warranties have always been a good option for home buyers and now, more than ever, Home Warranty Plans are becoming a “must” for REO (Foreclosure) and Short Sale properties.
Read More →Should you buy more title insurance than you paid for the property?
I always recommend to my buyer clients that they obtain Owner’s Title Insurance, but I had never considered the option of getting it for more than the actual sales price of a property until now. Find out why you might want to consider this.
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There are two primary type of foreclosure: judicial foreclosure or non-judicial foreclosure. The Realty Trac website has created a chart identifying the foreclosure processes used in the various states.
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Existing-home sales got back on an upward path in November, resuming a growth trend since bottoming in July, according to the National Association of REALTORS®. Find out how existing home sales performed per region of the country.
Read More →7 tips for short sale success
Originally published on March 19, 2010
Have to sell your home for less than it’s worth? Our seven tips will help you get the best price.
Read More →6 tips for buying a home in a short sale
Originally published on March 19, 2010
By preparing for a real estate short sale, you can emerge with a great home at a favorable price.
Read More →5 tips for buying a foreclosure
Originally published on March 29, 2010
Get prequalified for a loan and set aside funds, and you’ll be ready to purchase a foreclosed home.
Read More →The NATIONAL ASSOCIATION OF REALTORS® is extending its widely successful Facebook Causes campaign, “Operation Home Relief.” The campaign was launched just last month to help military families obtain foreclosure assistance, and America responded with enthusiasm – within 20 days, NAR matched $20,000 in donations to the cause.
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There are many homes currently on the market that are either bank-owned or REO properties. Sometimes it is difficult to tell which homes are foreclosures by using the regular Property Search function so we have made it easy to do a search of homes that are listed as Foreclosures in the Multiple Listings Service database.
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Fannie Mae is offering up to 3.5 % incentive for buyers who purchase and close on a Fannie-Mae owned home by December 31st, 2010. The 3.5% seller contribution can be used towards closing costs, including a home warranty, if desired and available. Check out this article to see if you are eligible.
Read More →Foreclosure facts
REALTOR® Associate
Contact: (334) 333-1609 or michelle@c21keyrealty.com
The process of buying a government or bank-owned foreclosure is different in many ways than an owner-seller home and it requires patience and more patience. Find out more about what makes a foreclosure sale different from either an owner-occupant or other investment sale.
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