Short Sale vs. Foreclosure – What’s the Difference?

Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop making … Continued

How to Stay in My Home After Foreclosure

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

We Buy Houses Companies – Are They Credible?

If you drive around, you’ve probably noticed billboards that advertise companies that buy houses. Usually, they say things like “We Buy Houses!” or “Cash For Your House”. Are these “we buy houses companies” credible? How do I know if local house buying companies are honest and reliable? At the start, they often all look the same. Below, we’ll … Continued

Selling My House for Cash

Should you take a cash offer for your house? Not always. I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no. Selling My House For Cash If you’re selling a property to an end buyer (the person living in the home), chances are … Continued