Short sale help

What Is A Short Sale?

A “Short Sale” or “negotiated settlement” or “short pay” occurs when a Lender agrees to accept less than the amount owed to payoff a loan as an alternative to foreclosure. If the property is worth less than the amount owed on the loan, then even if the Lender forecloses and takes back the property, they know they are going to take a loss. We can often convince a Lender that they will “do better” if they take less than what is owed now rather than taking the property back by foreclosure and trying to sell it later.  Continue reading “Short sale help”

Why Would I Want To Use An Agent If I Am Buying My Home Directly From The Builder?

If you go through the builder directly, they are going to look at you as a customer. When you use a Realtor, you become our client. Realtors have fiduciary duties to their clients. Builders have the duty of disclosure, but they don’t necessarily have the same fiduciary responsibility that Realtors do. Continue reading “Why Would I Want To Use An Agent If I Am Buying My Home Directly From The Builder?”