May 18, 2012, 5:28 am
Clear
Clear
63°F
real feel: 58°F
More forecast...
 

Nextage Realty Professionals

Short sale or foreclosure and your credit score

By Jerry Cecil, on February 12th, 2009

Short Sales Tips

As many homeowners are facing tough decisions on what to do with their homes, many are being forced to consider which is worse for your credit score, a short sale or a foreclosure.

According to the folks over at the Fair Isaac Corporation, FICO, as we know them, there doesn’t seem to be much of a [...]

Posted by Jerry Cecil February 12, 2009, 9:56 am

How to help speed up a short sale tips

By Jerry Cecil, on February 8th, 2009

Help Speed Short Sales Tips
by Cara Heiden, co-president of Wells Fargo Home Mortgage

Short Sales Tips

Short sales can be less frustrating if you start the approval process early.

Although most U.S. families continue to benefit from homeownership, a small group of consumers in areas where home prices have declined is facing a difficult situation. These owners find [...]

Posted by Jerry Cecil February 8, 2009, 7:29 am

10 questions for Prescott AZ short sale brokers

By Jerry Cecil, on February 6th, 2009

Prescott Short Sales – Please be Patient

In an earlier post, Foreclosure/REO/bank-owned or short sale?, about the Prescott and Prescott Valley foreclosure and short sale markets, I was amazed to find how few short sales were actually closing in the Quad-City area.

After doing some more research on this, it seems that some agents are taking short sales without [...]

Posted by Jerry Cecil February 6, 2009, 10:08 am

Foreclosure, REO, bank-owned or short sale?

By Jerry Cecil, on February 2nd, 2009

There are bargains on most types of properties in the Prescott AZ area such as short sales and traditional property sales, but foreclosed properties can present unique value to buyers who are at the right place at the right time and are able to construct the right offer.

Short sales and foreclosed properties are considered distressed sales, as both are the  result of the [...]

Posted by Jerry Cecil February 2, 2009, 6:34 am

How do banks price short sale properties?

By Jerry Cecil, on January 29th, 2009

As you might have read in the post, Why are REO properties priced all over the place?  banks price REO properites using varying methods and some banks do a better job than others. 

Well, short sale price setting is not much different.

In general, most short sale experts say to price the property at or near fair market value, although [...]

Posted by Jerry Cecil January 29, 2009, 2:11 pm
« Newer Entries  
  Older Entries »