January 11, 2011
So I was out previewing homes for a client that is looking for a fixer-upper to buy in the Lake Los Angeles area of the Antelope Valley. I had my video camera with me and though to myself: “Self, you’ve been talking about doing some stuff with video this year and there’s no time like the present!”
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December 13, 2010
What a short-sale buyer needs to understand is that the bank does not own the home. Just as in a standard sale, you are making an offer to the current owner of the property who needs to sell the home for less than what he owes the bank, usually due to a personal financial hardship. A better term for a short-sale would be a short-pay or short-payoff because the bank is agreeing to be shorted the amount of money that they are owed.
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