Short Sales and Their Time Frame
The Lawhead Team would like to share some helpful time frame tips for buying a short sale property. Just like a regular real estate transaction, if you want to purchase a home that is being sold as a short sale, your first step is to write an offer and submit it to the seller. First, […]
Home Sales – Short Sale and Bank Owned Homes
The difference between Short Sales and Bank Owned Home Sales. Many people assume these are similar sales; however these home sales are actually completely different. The Lawhead Team would like to explain the differences between these two types of property sales. A short sale is when the homeowner owes more on the mortgage than the […]
Short Sales
The 411 on Short Sales If you are in the market for a new home, you may come across homes on the market that are labeled as a “short sale”, “short pay” or “pre-foreclosure”. These three terms all mean the same thing: the seller is upside down on their mortgage and is attempting to negotiate […]
