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Posts Tagged ‘Foreclosure’

Help for the Real Estate Distraught: New Re-Purchase Rules

April 26th, 2010 by nwarren

Here’s some good news for people who’ve had to give the deed on their house back to the bank because of financial problems, or who have done a short sale to avoid foreclosure: You may not have to wait the typical four or five years to re-qualify for financing to buy another home. Instead, it [...]

Posted in:  boston apartments, Boston Development, Boston Economy, boston investment property, Boston Luxury Loft, Boston Real Estate Market, Boston Rental Market, Boston Single Family, Boston Waterfront Real Estate, Brookline Luxury Condo, Foreclosure, Mortgage Market, Mortgage Rates, Warren Residential Group   |   Tags: , , , , , , , , , , ,   |   No Comments

What is a short sale?

February 5th, 2009 by nwarren

Many real estate agents and some investors simply throw the term around as if it meant “a sale under market value.” No. A bank owned (foreclosed) house is not a short sale. A seller deciding to lower their price and take less profit is not a short sale. A short sale is when the lender [...]

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