Boston Metro North Real Estate

I have written past articles about why you should consider a short sale over a foreclosure. Lately, I have been on a few short sale appointments where the home sellers feel if they are going to lose their home anyways why bother with a short sale instead of a foreclosure. So I thought it was worth reiterating why a short sale is usually more ...

Ayers Village, Haverhill  -  The colonial at 61 Ayers Village Road has been sold. Property information Many time I am asked by buyers and real estate agents that do not normally engage in the business of short sales, is how much does the seller owe on the home or what is the deficiency that the bank is ...

[photo:listing:21212034] Private yard!! • 1,164 sq. ft., 1 bath, 3 bdrm townhouse - MLS® $185,000 - Taste, Stye and Charm Merrimac, Essex County  -  Taste, style and charm abound in this not your "cookie cutter condo". Approximately 14,000 square feet of ...

[photo:listing:19847934] Desirable South Lawrence Townhouse • 984 sq. ft., 2 bath, 2 bdrm 2 story - MLS® $72,500 South Lawrence, Lawrence  -  Affordable and spacious South Lawrence town house, located right on the North Andover Line. Clean and fresh this ...

[photo:listing:7791874:8] North Tewksbury, Tewksbury  -  The colonial at 41 Floyd Avenue has been sold. Property information For more information on getting your Tewksbury home sold call your local Tewksbury Realtor, Kevin at 978-360-0422

Downtown Arts District, Lowell  -  The other at 30 Market Street, Unit 14 has been sold.30 Market Street was a short sale with a first and second loan with Bank of America (also had to negotiate with a mortage insurance company). Listed in November and closed in June. Client sells in a short sale and walks away happy. ...

The Declaration of Homestead Act basically allows a homeowner to protect up to $500,000 in equity in their home against creditors.  The home must be the homeowners primary residence.  I have recently run into a situation where homeowners are stunned that creditors have filed a lien against their home, and say to me"I have a ...

Successfully closed on a short sale in Wakefield Massachusetts today. This home was a relatively easy one.  US Bank was the only lien holder and we received short sale approval in 15 days from submitting the package.  No deficiency judgments!! From the lender standpoint this was perfect, no issues no additional liens.  many ...

18 Jeffery Lane, Haverhill MA 01832-  Sold $160,000 2 Bed, 1.5 Bath, 1240 square feet- Townhouse Last week we were able to close on this townhouse last week.  The transaction was a short sale and required lien holder approval form the first lien holder, New York Mortgage Trust and the second lien ...

For many homeowners a short sale is the last option before foreclosure.  When a bank is considering a short sale they aren't doing it just because the seller is upside down on their home.  They are generally looking for a financial hardship to justify doing the short sale.  The hardship letter and the financial package basically ...