Tag: short-sale

How to Sell a House Without Making Repairs

By

How to Sell a House Without Making Repairs Sometimes people need to sell homes that need lot of repairs. It’s crucial for you to know that selling a house without making repairs is a big challenge. Selling a house without repairs is always stressful experience. It’s worth noting that you’ll need to spend a lot … Continued
short sale San Antonio TX

How a Short Sale Works in Real Estate

By

Let’s imagine the situation that a person has borrowed a certain amount of money to purchase a house. In a few years, a borrower finds it hard to make mortgage payments. Plus, the value of home has dropped by 20% or even more. If such a situation occurs, a borrower will have only two main … Continued
can a foreclosure be stopped

Can a Foreclosure be Stopped

By

Let’s imagine that you have missed 3 mortgage payments or your lender has filed a Notice of Default (NOD). If these kinds of things happen you’ll face a foreclosure. That means that you may lose your property. It’s also important to note that a foreclosure negatively affects your credit. So, the big question is – … Continued

Short Sale vs. Foreclosure – What’s the Difference?

By

Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In San Antonio TX? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). … Continued