RE/MAX First

In the current economic climate many individuals are faced with difficult decisions. Job loss, divorce and other unfortunate circumstances can force homeowners to the brink of foreclosure and bankruptcy. A short sale offers an alternative

If you are not on the note, then falling behind on payments, doing a short sale, or even losing the house to foreclosure may not hurt your credit at all.

The simple and plain answer to this is that a short sale shouldn’t cost you anything. If it does, then it should be very little. In most cases, there are no costs or fees required for a short sale.

With foreclosures continuing to rise in Michigan, homeowner's needed to know what options are available to them avoid foreclosure. Rick Giese short sale specialist, just released his new eBook “The Homeowner's Guide to Real Estate Short Sales”,

"It's about time! Streamlining short sale timelines will certainly make the short sale process more dignified and manageable for the distressed homeowner,"

The way that most lenders handle short sales is very weird. They have a strange policy of demanding that all home buyers close on their home purchase within 30 days of them approving the short sale

Why can't the big national banks do a better job on short sale? Here is what I think. I have noticed one big difference between the loans that the big US based banks have and the loans that HSBC has.

Here’s our list of the top ten benefits of a real estate short sale verus foreclosure. However, since every situation is unique, I encourage you to speak directly with a qualified and experienced real estate agent, like myself Rick Giese.

Distressed homeowners will soon no longer be able to take advantage Mortgage Debt Relief Act. The law, enacted in 07, helps distressed homeowners by relieving them of additional tax responsibility that often accompanies cancelled or forgiven debt.

In these times of financial uncertainty, deciding whether or not to sell your home through a short sale action can be very stressful. Your lender will, of course, advise you according to what is in their own best interest first and foremost.