Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a deal pretty quickly. Here are some negotiation tactics buyers (and real estate professionals) should avoid: Lowball offers: Going far below market value […]
As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a […]
There are many real estate investors who are utilizing traditional lender programs. With interest rates continuing to slide this has become an increasingly viable option. As popular as lender programs are not every borrower can get approved. There are still strict guidelines in place and a mountain of documentation that has to be provided. With […]