Tag: Short Sale

House tries to speed up short sales

Short sales. These two words strike fear in buyers, agents and title companies. Whenever we receive a contract for a short sale, there is an immediate push to get out the seller HUD-1 to the short sale lender, ASAP! We get calls from everybody...

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Short sale headaches

It’s bad enough that a short sale can take six months to close. It’s even worse when the short sale payoff lender decides at the last minute to change the terms of its agreement. Can they do this? In short, yes. After all, they are the ones...

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Short sales, foreclosures and taxes … oh my!

In the light of the current residential real estate market, short sales and foreclosures in Florida are becoming more commonplace. As with standard real estate transactions, taxes play a large part in the closing process when it comes to...

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