For many people, the decision between foreclosure vs. short sale is a tough one – and one factor that weighs on people’s minds is how long before they can buy a home again. This chart explains, based on different types of loans, the timeline before you can qualify for a mortgage again after a short […]
Ask a Realtor: Do I have to Pay an Agent if I do a Short Sale?
Q: I got approved to do a Short Sale by my bank. The bank told me that I need a Realtor. Why do I need a Realtor, and do I have to pay the Realtor or will the bank pay for the Realtor? A: Yes, you want a Realtor to handle the short sale for […]
Luxury Bank Owned Homes in Tampa Bay
One of the most popular searches on our website is for Luxury Bank Owned Homes and Luxury Distress Sales throughout the Tampa Bay area. There are some great deals to be had out there and you can use these links above to find properties that are active and available now! Start your search here! Keep […]
Do you Qualify for a Loan Modification? Free Online Calculator
The Treasury Department is offering a free online calculator that helps borrowers estimate whether or not they qualify for the Home Affordable Modification Program ( HAMP). The calculator is available at checkmynpv.com. In the two years since its launch, HAMP has helped more than 270,000 borrowers receive permanent loan modification, thus lowering their monthly mortgage […]
Selling Your Tampa Home: How to Price Using Comparables
Knowing how much homes similar to yours, called comparable sales (or in real estate lingo, “comps”) sold for gives you the best idea of the current estimated value of your home. The trick is finding sales that closely match yours. What makes a good comparable sale? Your best comparable sale is the same model as […]
U.S. Treasury Loosens HAFA Guidelines!
HAFA stands for Home Affordable Foreclosure Alternatives and is a program instituted by the government. Banks who took bailout money have been forced to participate in HAFA. If you are facing foreclosure and are behind on your mortgage, it may be in your best interest to do a HAFA Short Sale. The benefits of being […]
