Cape Coral Real Estate and Property Owners have been facing many challenges as the number of foreclosure filings throughout the nation increase, banking woes continue, the credit crunch looms, and the economy changes daily. Many of these homeowners are trying to get a grip on what options they have to maintain, sell, or transfer ownership [...]
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I’m a firm believer in only addressing a problem if you have the solution. The recent blog I wrote about Countrywide short sales sure caused a lot of comments, emails and phone calls. Not to worry, I have a solution. Read the full article about Countrywide Short Sales and the WHY behind this post. Here’s [...]
Quite simply put, a short sale can take place when a seller owes more on their house than what they can sell it for. Their lender (bank) may negotiate a lower sales price than the current mortgage. The bank does this 1) if the seller has a hardship 2) to avoid foreclosure costs. There are [...]
