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Posts Tagged ‘Rockland short sale Realtor’

Should Sellers Sign a Contract Prior to Short Sale Approval?

Posted in Short Sales, tagged , , , , , , , , , , , , , , , , , , , , 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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Should You Buy a Short Sale?

Posted in Short Sales, tagged , , , , , , , , , , , , , , , 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 [...]

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Short Sales

Posted in Short Sales, Uncategorized, tagged , , , , , on January 9, 2009 | Leave a Comment »

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 [...]

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