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 how many blow up. But I do know that if the sellers qualify for a short sale an…

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 many homes for sale, yet there is demand. Ordinarily, little inventory and high demand would put upw…

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. Just because a home inspector maintains membership in a home inspector’s a…

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 the listing agent cannot control. You’ve also got market conditions to consider. I generally as…

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 I warn buyers over and over that short sale homes are sold As Is. Sure enough, right after the approval …

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 right for them.

On the surface, it sounds plausible. You give …

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 to buy a bank-owned home? The prices are attractive, plus, buyers are …

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 sellers who are delinquent. Not only that, but they believe the property has to …

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 leg for the mortgage. They can get away with it because as long as they follow state u…

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 because a backup offer is not a sure deal so agents discourage them as well…