Boston Metro North Real Estate

Wanted to pass on this webinar for homebuyers. EXIT's US President Tammy Bonnell will be presenting this FREE Webinar.  If you have any doubt about this is a goog time to buy our not, attend this webinar. To Dream the American Dream. The dream is alive and well during Homeownership Month Is it still reasonable to dream the ...

I recently have had a few people contact me after about doing a short sale on their home.  They have tried to modify their loan and they were disappointed with the results.  They then stop paying their mortgage thinking they will do a short sale.  They feel that they owe way more money on their home than it is worth. The banks ...

One of the biggest question/ concerns a short seller has, is "Who will pay your commission in a short sale?". The answer is very simple.  In a successful short sale negotiation the lender will pay the real estate commission.  There are also other fees in the transaction that must be paid:Real Estate CommissionAttorney Fees ( ...

The short sale process combines a documentation process and the listing process. The docementation process is much like a loan in reverse.  Your short sale specialist will need the following items:Last mortgage statement2 years of W'2's Last 2 paycheck stubsLast 2 months of your checking and savings bank statementsLast quarter ...

I continually run into some confusion with consumer's about short sales.  There are two common questions that keep coming up. Can a bank come after you for a deficiency judgement in a short sale? All depends on the negotiations.  If you are doing a short sale make sure that you have in writing that the debt is settled and they will ...

Everywhere you go these days there seems to be a lot of buzz about foreclosures and short sales. So whats all the hoopla?  There are just as many good deals with homes that are listed as a non distress situation and the aggravation is far less. What's a Short Sale?  A short sale is still owned by the owner.  Think of it as a ...

With the prevalence of short sales and foreclosure, I thought this artice was interesting about the risk and rewards of short sales.  If you are selling as a short sale get involved with an agent who know what they are doing, they are difficult and require experience. By Ron Carpenito , Real Estate Review Eagle-Tribune "In ...