There are many differences in the short sale process from a traditional real estate sale. Most notably, the timeline. Why do short sales take longer to close than traditional real estate sales?
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Ahoy there, it's Agi Anderson, Your Brevard FL Realtor and the proud owner of BrevardFLRealtor.com There are so many facets to being a Realtor and resident on the Brevard FL Space Coast, that’s why I provide 10 different topics of the Best Blog Posts across the web … You can follow one topic or follow them all. I scour the web scooping up the BEST blog posts with real estate, healthy living, boomers downsizing/retiring, life on the Space Coast, Home Decor and much more! Questions? You can call, text or email me using my online Biz Card card at … ContactAgiNow.com.com Curated by Best Blog Scoops |
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There are many differences in the short sale process from a traditional real estate sale. Most notably, the timeline. Why do short sales take longer to close than traditional real estate sales?
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JACKSONVILLE, Fla. – May 22, 2018 – Black Knight, Inc. (NYSE:BKI) reports the following “first look” at April 2018 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
Over 90,000 seriously delinquent mortgages (90 or more days past due) attributed to the 2017 hurricane season remain in affected areas of Texas, Florida and Georgia. If you're struggling with a mortgage in Florida #SpaceCoast or Beyond. TextAgi.com let me help you review your options.
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It could be a grim and grinchy December for thousands of home owners facing ongoing challenges with their mortgage payments and property values.
Yikes! Under the federal tax code, when a creditor cancels a taxpayer’s debt, the IRS treats the amount forgiven as income, taxable at ordinary rates. But in 2007, as foreclosures and short sales began to explode across the country, Congress enacted a temporary exemption for home owners who received cancellations of mortgage debt as part of their loan modification deals with lenders. That exception has been extended periodically by Congress ever since.
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An investor I am now helping has a Suntrust equity line payment that was $463 per month. In the fall of 2015 it shot up to $1549 per month. After many calls and
Many investors behind on mortgage are under the impression that they are not able to sell in a short sale, however that is not the case in this case or any other sell short situation. Learn more about mortgage relief for real estate investors, as well as residential homeowners.
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One slice of sellers is faring much worse than everyone else in terms of equity built up in their homes, according to new data from the NAR.
Helping owners STOP mortgage misery at PainfulPropertySolutions.com
Those who bought their homes 8 to 10 years ago, at the height of the real estate bubble—have gained almost no equity in that time, an average of just $3,000 or 1%, said Jessica Lautz, the NAR’s managing director of survey research and communication.
Plus, many of the negative amortization loans written from 2005-2007 are now converting causing severe financial hardship to homeowners and real estate investors. I am speaking with quite a few owners whose mortgages have converted this year. One investor's payment has tripled, needless to say I am helping him sell in a short sale.
If you or someone you know is in this situation, please reach out to PainfulPropertySolutions.com
I started doing short sales in 2006 before the collapse of the real estate market. I saw it coming, became a CDPE and 12 years later I am still helping distressed property owners on the #SpaceCoast TextAgi.com if you or someone you know needs help.