1. Don't make lowball offers. Every lender has a certain dollar amount they want to net from the sale. Typically first lien holders (lenders) want to net at least 85% of the fair market value of the home. If you lowball, you have a good chance of
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We’ve all heard the horror stories about short sales but here are just a few of the important advantages that anyone looking to “short sell” a home or buy a short sale MUST be aware of. •You will be eligible, under Fannie Mae guidelines,
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1. Property is Priced Incorrectly PITFALL: This is the most common mistake made with all properties and the most common reason a listing expires and a property doesn’t sell. SOLUTION: The right agent will go through a detailed listing price strategy
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On Weds, Nov 4th, 2009, Congress nearly voted unanimously for The Unemployment Compensation Extension Act which included an amendment that extends and expands the Home Buyers Tax Credit. President Obama signed the bill today, Friday, November 06, 2009,
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