Short sales
April 5, 2011
After you have lost your home to foreclosure, it is still possible to buy another home, but it will take time often from 3-7 years. Inportant factors are your credit score, down payment amount, income, and how long ago the foreclosure was. Short sales may make it easier to buy another home sooner as well. Watch this [...]
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December 13, 2010
So you are looking to buy a home. In today’s market you have a choice of bank foreclosures, regular sales, and short sales. While bank foreclosures are still a big part of the market, right now a large number of homes on the market are short sales. Many realtors advise buyers to steer clear of [...]
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October 28, 2010
Long Beach residential real estate market report: September 2010 Active as of Oct. 28, 2010 Lowest Highest Days on Market Single Family 810 $98,900 $5,500,000 93 Condo 497 $54,900 $1,999,999 106 1307 Total Active in Long Beach Of the total 1307 active 117 are bank owned and 479 are short sales. Distressed sales total [...]
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September 13, 2010
The residential real estate market in Long Beach, Ca. is showing some signs of slowing recently. Short sales, the expiration of the Home Buyer Tax Credit, the sluggish local economy, and still high local unemployment rate are all reasons for the slowing real estate market. There are 797 active single family homes on the market [...]
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September 10, 2010
David Lazarus: Wells Fargo sells Long Beach couple’s house out from under them – latimes.com. Unfortunately this does happen. We of course do not know why the bank did not approve the loan modification. Bank’s do not always approve short sales either. If you are having trouble making your mortgage payments, it’s important to seek [...]
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Important Notice: Evergreen Realty & Associates, Inc. is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.
