Posted in Short Sales, Success Stories, tagged avoiding foreclosure, divorcing home sellers, dutchess county short sales, Dutchess short sale Realtor, hudson valley short sale Realtor, New York short sale agent, New York short sale Realtor, New York short sale specialist, New York short sales, pre foreclosure, short sale realtor, short sale specialist on March 11, 2009 | Leave a Comment »
This short sale closed at the end of this past year. The clients were divorced, and the home they had built while married was incomplete and upside down. The house was listed this past summer.
Divorce cases are in and of themselves difficult. I have to give both clients credit in their dealings with me- they [...]
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Posted in Short Sales, tagged avoiding foreclosure, buying a short sale, dutchess county short sales, Dutchess short sale Realtor, hudson valley short sale Realtor, New York short sale agent, New York short sale Realtor, New York short sale specialist, New York short sales, orange county short sale, Orange County short sale Realtor, pre foreclosure, Putnam short sale Realtor, Rockland short sale Realtor, short sale realtor, short sale specialist, Short Sales, Westchester short sale agent, westchester short sale real estate agent, westchester short sale specialist, Westchester short sales on February 27, 2009 | 2 Comments »
A recent posting from an Ohio broker highlights how real estate differs from place to place. In it, she says that she advises her clients to not sign a contract with a buyer if the house is a short sale prior to getting the bank’s approval. While I won’t quarrel with what works for someone [...]
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Posted in Short Sales, tagged buying a short sale, Dutchess short sale Realtor, hudson valley short sale Realtor, New York short sale agent, New York short sale Realtor, New York short sale specialist, Putnam short sale Realtor, Rockland short sale Realtor, short sale realtor, short sale specialist, Short Sales, Westchester short sale agent, westchester short sale real estate agent, Westchester short sale Realtor, westchester short sale specialist, Westchester short sales on January 17, 2009 | Leave a Comment »
Buying any foreclosure is tricky, and a short sale is probably the longest process. Is purchasing a short sale right for you? Perhaps you rent in Westchester, Rockland, Putnam or Dutchess and are considering a short sale purchase in one of those areas. Here are some things you ought to know:
You can’t be in a hurry. [...]
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A Short sale occurs when a bank accepts a lower price than the mortgage balance, allowing distressed homeowners to sell their home and satisfy the debt with no future obligation or deficiency judgment.
J. Philip Real Estate specializes in these transactions, and I personally broker several per month. My first short sale was in the late [...]
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J. Philip Faranda