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Home Buying

What You Need to Know About Short Sale Homes

Tweet How to increase your chances of buying a distressed property. When the seller lists the home for less than what is owed on the mortgage, that “shortage” represents a

Home Buying

What Are REO Properties?

Tweet Failure by homeowners to make scheduled mortgage payments triggers the foreclosure process which leads to a home eventually becoming an REO property. REO Defined Not all homes in foreclosure

Home Buying

How to Make an Offer to Buy a Home

Tweet Moreover, your lender has something to say about this — he may find that the home is overpriced and will nix the deal. This means that there are several