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The short sale process in California varies depending on the lender. However, there are some general steps that are followed in most cases. The first step is to contact the …
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What Is a Comparative Market Analysis? A comparative market analysis (CMA) is an estimate of the value of a home based on recently sold similar properties in the immediate area. …
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Short sales are far less common in the U.S. housing market today – the peak years were 2008 to 2012, during the mortgage crisis – but they’re still part of …
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What Does a Short Sale Negotiator Do? The short sale negotiator represents the seller, not the bank. Their task is to obtain the bank’s approval of the short sale. Short …
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Repayment Plan A repayment plan distributes the homeowner’s delinquent payments over a period of time, usually no more than 10 months. The monthly amount is added to the usual mortgage …
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You are ready to buy your dream home and want to get the most out of your money so you might find useful reading about mistakes to avoid when buying …