Depending on your point of view, you can read a real estate market report and draw completely different conclusions than Joe Blow Realty down the street. Consumers find it difficult...
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About Those Bogus Short Sale Offers Wednesday, July 28, 2010

Sellers have a very difficult time understanding why some buyers will write an offer on their short sale without committing to buying that short sale. These buyers expect the seller...
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You Might Qualify for a Short Sale Without a Hardship Monday, July 26, 2010

A strategic short sale can happen if the bank qualifies the property for a short sale without a hardship from the seller. For years, banks have been insisting that sellers face...
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Financial Reform Isn't Necessarily Straight-Laced Friday, July 23, 2010

The financial reform bill has its supporters and those who would like to drive icepicks through the hearts of our legislators. I, for one, am totally in love with the...
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Cheap Luxury Homes Are New Hot Ticket Wednesday, July 21, 2010

It may very well be true that you can buy a champagne home on a beer budget. Forbes says that cheap luxury homes are one of the best deals out...
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How to Write a Winning Hardship Letter Monday, July 19, 2010

I've seen a lot of sellers struggle with writing a short sale hardship letter. Generally speaking, they start out OK by talking about how they got into their present situation, but...
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Low Mortgage Rates Are Not Enticing Home Buyers Friday, July 16, 2010

Basically, the federal home buyer tax credit program is over. Oh, there are still those hapless buyers stuck in some delayed short sales who will still get the credit if...
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IRS Blocks 10% of Home Buyer Tax Credits Wednesday, July 14, 2010

It's pretty clear that a large number of home buyers may not understand how the first-time home buyer tax credit works. A disturbingly high percentage of filers trying to claim...
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Why You Should Care About Hard Money Loans Monday, July 12, 2010

Lots of unsuspecting homeowners have no idea that when they refinance mortgage debt, they could be turning what was once considered purchase money into hard money loans. This is especially true...
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Foreclosure Discounts Tracked Friday, July 9, 2010

The online foreclosure giant, RealtyTrac, has found a way to track the average discount on foreclosures. Nationally, the average discount is 34% for a foreclosure as compared to the prices...
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