Real Estate 101 - What Is A Short Sale?
Thursday, May 8th, 2008Real Estate 101 - What Is A Short Sale?
A short sale in real estate refers to a concept whereby a lender (mortgagee) agrees to discount the amount of money owed on the loan made to a borrower (mortgagor), due to hardship on the part of the borrower. It basically allows the homeowner (mortgagor) who owes money to the lender (mortgagee), to sell the home or condo for less than the amount owed to the lender. The benefit to the mortgagee is that the lender gets to cut losses, which would be much greater if the lender is forced to foreclose on the property…
Practical Applications - Using Facebook Applications to Sell Homes
Neighborhoods is a growing application that certainly drew my attention to real estate in my neighborhood that I would have otherwise not seen. Exploring Facebook applications may be a key to real estate marketing on this social network giant.
The Beginner’s Guide To Flipping Real Estate
It’s no longer a secret, flipping real estate is a great way to generate cash quick with little or no money needed. While virtually anyone can learn to wholesale houses for huge profits, avoiding costly mistakes is vital to your survival as a professional investor.
Sell Your Home Like A Pro
There is a lot that goes into selling your home, though this process may be easier than you think. To sell your home effectively, make sure to follow the subsequent steps.