by Norman | Jan 19, 2012 | Uncategorized
The theory behind short sales seems simple enough: If a homeowner owes more money on a house than the house can sell for, and the homeowner is struggling to pay the mortgage, the lender will allow the house to be sold for less than is owed. For obvious reasons,...
by Norman | Aug 24, 2011 | Uncategorized
Real estate consumers today can find ample value in distressed homes – properties that are under a foreclosure order or up for short sale. In many cases, however, “distressed” speaks more for the condition of the homes than their recent financial...
by Norman | Jun 16, 2011 | Uncategorized
Home sellers face a new reality as they look to move up, down, in or out of their American dream in today’s market. Consumers, particularly those who purchased their homes within the last five years, often find their options limited by a lack of equity. Those who...
by Norman | Jun 4, 2010 | Uncategorized
Let’s face it – it’s been a tough real estate world out there. Foreclosures are high, Short Sales are up, values are down. The incentive programs by the Obama Administration helped temporarily, but mostly the homes in the lower price ranges....