Short Sales

April 15, 2010

Will new short sale program help homeowners avoid foreclosure?

With the recent news that the Obama Administration’s Home Affordable Modification Program (HAMP) is failing to help the overwhelming majority of distressed homeowners in the country […]
October 13, 2009

Better economy makes lenders resist short sales?

Improving economic conditions across the US are creating new obstacles to short sales, according to an article in the current edition of BusinessWeek magazine.  The firmer economy […]
May 24, 2009

Short Sale Success

As you may know, short sales abound in the current MA real estate market. With a short sale, the home being sold is worth less than […]
March 26, 2009

Delays, Mistakes Common with REO & Short Sales

“After weeks of negotiating the purchase (of a bank-owned home) . . . it turned out the bank didn’t actually own the property, and had wrongfully […]
January 30, 2009

Why Short Sales can be Bad Deals

There are many “short sales” listed on the MLS in Massachusetts. Some buyers hear “short sale” and assume they’ll get an outrageously advantageous sale (as suggested […]