Home Buying / Selling February 2012 Archive

If you're buying a condo and you don't have enough cash on hand, then you're probably getting a condo loan to finance your purchase. It's not as easy as you may ... Read More

Because I sell a lot of short sales, which means the list prices are rarely approved, I get a lot of phone calls from buyer's agents asking about the sales ... Read More

When you are listing your home for sale, it is very difficult to pick a sales price without knowing how much your neighbors' homes sold for. But after you examine the ... Read More

You might think that more short sales fail than succeed, and you might be right. I don't know of anybody who is actively tracking precisely how many short sales close and ... Read More

Right now, it's the best of times and the worst of times for buyers in the spring home buying market. In some parts of the country, there are not very ... Read More

If you don't trust your agent, you might not want to hire your agent's home inspector. However, don't make the mistake of thinking that you can find a better home inspector. ... Read More

There is no stock answer to how long does it take to sell a house? That's because selling quickly depends on a lot of variables, some of which a seller or ... Read More

You can tell a buyer she is buying a short sale as is, and she'll say yeah, yeah, but she probably won't know what As Is means. I know this because ... Read More

President Obama included the deed in lieu of foreclosure initiative in his HOPE for Homeowners Program and, ever since, underwater homeowners have been wondering whether a deed in lieu is ... Read More

With so many bank-owned homes on the market, some home buyers are wondering about the differences between buying bank owned vs. a regular home. And why wouldn't a buyer be tempted ... Read More

Many sellers automatically assume that they have to be delinquent to do a short sale. I've heard agents express the belief as well -- that short sales are granted only to ... Read More

The problem with getting a bad credit mortgage is it's expensive. The only people making loans to people with bad credit are the guys who are charging an arm and a ... Read More

Buyers don't often think about putting in a backup offer. I suspect it's the fear of the unknown, and buyers probably think it's not worth their time. Another reason could be ... Read More