by Kris Kim | Jul 10, 2008 | Advice on Selling with No Equity in Southern California, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Frequently Asked Q&A about Short Sales, Short Sales Stop Foreclosure
A Short Sale may be the answer for you… It’s common place to see short sales in our current market. What is a short sale? It’s when a bank accepts a lower than owed price for the property and in return releases their stake in the property.... by Kris Kim | Jul 10, 2008 | Advice on Selling with No Equity in Southern California, American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, How to Choose a Real Estate Agent when doing a Short Sale, Short Sales Stop Foreclosure
Recently my wife Kim and I (we’re both Real Estate Agents) were hired to list a home by the sellers in the eleventh hour of foreclosure. We discussed an offer received with the bank (a steal for the buyer) and the bank agreed to pull the home from the court... by Kris Kim | Jul 10, 2008 | Advice on Selling with No Equity in Southern California, Frequently Asked Q&A about Short Sales, Short Sales Stop Foreclosure
Ever just get the best news and have to share? Short version…Short Sale lost to foreclosure. Months later, back on the market by the same lender now offered for $80,000 less!!! We are usually the listing agents when it comes to working with Short Sales, but not... by Kris Kim | Jul 9, 2008 | Advice on Selling with No Equity in Southern California, American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Short Sales Stop Foreclosure
Notice of Defaults here in the Inland Empire are climbing daily, homes, just waiting to take their place with the other foreclosures in our neighborhoods. But wait, the banks don’t want to own anymore real estate and the "cats out of the...