ARCHIVED BLOG POSTS
2010
Sellers who are “upside down” often try to sell their house by themselves through various FSBO methods. However, a short sale with a Realtor can usually get the house sold even if the seller can’t afford to pay a Realtor commission. “Upside down” or “underwater” means there is more owed on the ho...
10/31/2010
Sellers who are “upside down” often try to sell their house by themselves through various FSBO methods. However, a short sale with a Realtor can usually get the house sold even if the seller can’t afford to pay a Realtor commission. “Upside down” or “underwater” means there is more owed on the ho...
10/31/2010
You didn't cause this national crisis. You are in survival mode and working to provide for your family. Stop letting the bank push you around! You didn’t cause this housing crash! You didn’t cause this lousy job market! Enough with this struggle! You’re doing what you can, every month, every week...
10/31/2010
Sadly, some houses purchased with the $8,000 tax credit are now starting to head to short sale and foreclosure. Sellers are concerned they have to repay the $8,000 tax credit. Sellers should seek an authoritative opinion from a tax attorney or CPA. I am a Realtor and not a professional tax adviso...
10/31/2010
This is Part 1 of a 2-Part Series. Sadly, houses recently purchased with the $8,000 First Time Homebuyers Tax Credit are now starting to fall into default. Life events such as job loss, income reduction, injury, illness and divorce can strike anyone at any time, including those who hurried up to ...
10/31/2010
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Comments
For twenty years the neighbors of this three block stretch have been outdoing themselves and each other each Halloween. Each year, thousands of excited trick or treaters gawk at the elaborate Halloween decorations. Toddlers, parents and grandparents come from Louisville and beyond to enjoy the go...
10/30/2010
8
Comments
Dear Homeowner, If you are behind on payments or You are current on your payments but anticipate falling behind and You owe more on your house than what it is worth then Please do not despair. Your lender does not want to foreclose and they do not want to own your house. They would rather settle...
10/28/2010
A short sale can enable an “upside down” house to be sold with no cost to the seller. The lender usually forgives all the shortfall. Sellers sometimes think if it’s too good to be true then it can’t be true. Is it legit? YES! Why would the bank forgive tens of thousands of dollars? Many articles ...
10/28/2010
Steve Mun, e-PRO® wrote this excellent and timely blog post about lenders saving 13% to 26% of the value of the house by approving short sales instead of going through the full foreclosure cycle. There are many cases that the banks lose even more by delaying and denying short sales. During the lo...
10/27/2010
Sellers who are “upside down” often try to sell their house by themselves through various FSBO methods. However, a short sale with a Realtor can usually get the house sold even if the seller can’t afford to pay a Realtor commission. “Upside down” or “underwater” means there is more owed on the ho...
10/27/2010
Rainmaker
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544,014
Dave Halpern
Louisville Short Sale Expert