RECENT BLOG POSTS
Use the short sale to stay in the house as long as possible! Many homeowners when faced with the dilemma that they can no longer afford the house, and they have no money saved up, and they need to move, decide they will use the short sale to stay in the house as long as possible.  As agent we are...
11/19/2013
Short sales & single family homes in Port St Lucie, Florida. In the past six months short sales have still sold in abundance here in Port St Lucie, Florida.  Short sales were approximately 17% of homes sold in the past six months.  There were 362 homes sold within the city in the past 6 months pr...
11/19/2013
The Bank does not want to pay the commission on the short sale This does not happen too often where the one of the lien holders does not which to pay the real estate commission.  However, it does happen on occasions where the bank does not want to pay the real estate commission. I have yet to com...
11/19/2013
Who pays the real estate commission on a short sale? Often when a homeowner enters into a short sale decision because they have used up all their financial resources.  They do not want to have their home foreclosed on because of the long term damage to their credit.  The home owner then decides t...
11/19/2013
Can I short sale a house without approval of the 2nd mortgage? When you chose to do a short sale all mortgages are affected by this decision. Many  homeowners are only concerned with the short sale of the 1st mortgage, but you can not short sale a house without the approval of the 2nd mortgage. W...
11/18/2013
What is a short sale? A short sale is a home on the market for sale where the homeowner owes more on the mortgage balance than the property is worth.  Please bear in mind that when you have chosen to do a short sale the property has to be listed with a licensed real estate brokerage.  The lender ...
11/18/2013
What is a Distressed sale. Many talk about a distressed sale but not all fully understand the meaning of a distressed sale.    So let me explain. A distressed sale is:- A property in poor physical condition A home that is in or about to be foreclosed on also called        a pre-foreclosure A home...
11/18/2013
Looking for contractor investors to invest in Port St Lucie Florida. Are you an contractor who wants to invest and get a good return on your money.  Then call me and we can discuss your options.  Port St Lucie has many homes for the investor.  Contractor investors  shoud preferably be licensed.
11/17/2013
Don't pay top dollar for a house you can get for 20% less So many time I have advised buyers don't pay top dollar for a house you can get for 20% less.   I have seen it time and again, buyers going around looking for the "perfect house."  I don't just mean perfect location, or perfect layout.  Th...
11/15/2013
This video is so on the money.  We should e shoing to our customers as part of the presentation, so that when they say one of these interesting things they will know how intelligent they sound.  Real Estate Agents are truly hard working individuals and totally deserve respect for what they do. Th...
11/15/2013
Rainer
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Merline D Pennant - New homes, Short Sales and Pre-foreclosures

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