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With each listing agreement signed with Seahorse Realty the seller will be given the oportunity to give the buyer a one year Mortgage Protection Plan. If buyer looses his or her job the plan will make 6 months of mortage payments while they collect unemployment
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A short sale is a situation in which the seller owes more money on the loan (and any other liens on the property) than the sale of the property will likely produce on the market and the seller is unable or unwilling to bring money to closing. In a short
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One possible outcome of the foreclosure crisis could be a fight between former owners of foreclosed homes and lenders. An example of what might become a larger trend happened in California, where a couple and their nine children used a crowbar to break
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While you’d like to get the best price for your home, consider our six reasons to reduce your home price. If you don't receive any offers for a few weeks, check out other comparable houses on the market and what they're going for. Home not
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Before you put your home up for sale, use the right comparable sales to find the perfect price. A house is comparable to yours in price if it's in the same neighborhood, on a similar street, and in the same school district. How much can you sell your
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Daily Real Estate News | May 21, 2010 | addthis_pub = 'rmostaff'; addthis_logo = 'http://www.addthis.com/images/yourlogo.png'; addthis_logo_background = 'EFEFFF'; addthis_logo_color = '666699'; addthis_brand = ''; addthis_options = 'delicious, digg, favorites,
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Navigating Short Sales: What to Do When the Sale Price Leaves You Short If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a
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The homebuyer tax credit is not as simple or straightforward as you might think. Here are some nuances that will affect homebuyers who plan to use it. To qualify for the move-up tax credit, a home owner must have occupied the same principal residence
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Selling a home in the dead of winter might seem ill-advised, particularly considering the state of the economy, but some experts think that making the decision to wait until spring to list the property could be a mistake. Government incentives will likely
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On December 16, 2009, the Federal Housing Administration (FHA) released Mortgagee Letter (ML) 2009-52, providing guidance to lenders and underwriters on short sales and short pay offs. The guidance is effective immediately and impacts FHA Handbook 4155.1,
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Banks are backing away from short sales, forcing sellers to pay extra at closing or demanding a promissory note for the amount due. One-third of borrowers owe more on their mortgages than their properties are worth, according First American CoreLogic.
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Here at Seahorse Realty you can get the help you need! We will list your home for sale as a Short Sale at no cost to you.. When we get a buyer for your home we will negotiate with your lender to accept the offered price and forgive the balance. We even
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