When a homeowner is faced with an unaffordable mortgage payment two principal choices exist for the homeowner in today’s market (apart from foreclosure):
Option 1: Loan Modification
Option 2: Short Sale
Which is best for you?
Is a loan modification for you?
A loan modification is best for homeowners that have a temporary financial hardship or have an adjustable rate loan, finding themselves unable to make the loan payments under current terms of the loan. A loan modification focuses on changing the interest rate or length of the terms of the loan …

Choosing estate agents can be one of the most difficult parts of selling your property. There is a myriad of different considerations that need to be made. Finding a good estate agent is essential; those that are out there are highly professional with detailed knowledge of the industry and the property market more generally. The purpose of this article is to present some top tips to sellers.
The first tip is to utilise estate agents that have glowing recommendations from friends and family. It is worth trying to find an …

Before you create a ‘for sale by owner’ property listing to sell your house privately, there are a few simple steps that will ensure that your home looks great and sells for the asking price. Your home needs to look good not only in your FSBO listings, but also from the curbside and during the all important viewing.
You should never assume anything, but; let’s assume that the people who arrange to view your home are really interested in buying it, and are firmly on the hook. It’s your job …

Has the current recession changed your financial status? Have you lost your job and have become incapable of paying your bills? Do you currently own a home that you need to sell? If you’re property is located in the state of California, then you may be able to take advantage of the Short Sale in California real estate program. There are however, some prerequisites that must be met prior to taking advantage of this program.
Firstly, your property must be in California. Secondly, the property must be mortgaged and that mortgage …

California short sale specialists are available to assist many people in avoiding foreclosure. Many individuals today are struggling with financial hardship. Jobs are vulnerable and the economy is poor. The house that you once loved and would do anything to obtain, has now become like an albatross around your neck.
Maybe your home has been on the market for a while, and just does not seem to be generating a lot of interest. What you know, is that you can not continue paying for this house because you are already falling …

In these trying times most homeowners are being faced with issues that are forcing them to sell their homes. In the state of California there are homes all over the place that are quickly going up for sale. The fact of the matter is, it can be very time consuming to have to sell your home and if you are in search of a quick solution a California short sale home is going to be your best bet.
Now, if you are a seller, a short sale is going to allow …

Because a large part of transactions and negotiations happen online these days, many real estate agents have forgotten how to deal with clients face to face. Of course, realtors face their online clients personally after some time, but the fact that agent and client have been talking and possibly negotiating online have already reduced the risk of problems occurring once they meet for a transaction.
Needless to say, dealing with clients is a very important skill in the real estate business. The first meeting between client and realtor can officially …

Virtually anything is better than a foreclosure, except perhaps a bankruptcy, but some experts believe that a foreclosure might be worse than bankruptcy. So essentially, what we are saying is, if you should ever find yourself in a position whereby either a bankruptcy or a foreclosure might be looming, it might be better to cut your losses and run. So a California short sale might mean that you can avoid a worse situation.
The old adage applies here, “he who fights and run’s away, lives to fight another day”. In California …

Selling your home through a ‘for sale by owner’ website will save you a fortune in commission and fees if you go about it in the right way. One of the most important features of a real estate listing are the images. Great images sell property. They are attractive to homebuyers and will help to sell your house quickly for top dollar.
Over 80% of all homebuyers start their search for a new home online. So it’s important that you create real estate listings that are visually appealing and attractive to …

You elected to sell your home. You may have a mental list of things you want to do to get your home ready. De-cluttering, fixing minor issues, general clean up, cleaning the gutters, fixing the yard and planting some flowers are probably all items included on your list. But have you considered adding a new coat of paint?
Generally speaking, painting your house will increase buyer appeal and may very well lead to a more speedy sale. For example, real estate listings that had a recent paint sold 10% quicker than …