Short Sale vs Bankruptcy

The effects of bankruptcy and a short sale are different. Although both are an alternative to foreclosure, you should consider how the end result will affect you in the long run. Bankruptcy: – Appears on background checks that can be seen by prospective employers – Appears on your credit and financials which will affect your ability to borrow money -Bankruptcy …

Short Sale Specialist Spotlight: Meet Eartha Wang

Eartha Wang is a licensed Real Estate Broker in Texas. She was awarded a Short Sale Foreclosure Resource certificate from the National Association of Realtors and she also achieved a Certified Distressed Property Expert certification. As the co-founder of Oyezz Real Estate, she oversees and manages all the sales and supports our short sale specialists with training and advice throughout …

Short Sale Appearing on Credit Reports

Although a foreclosure and short sale will both affect your credit, they are different. A foreclosure will appear on your credit report differently from how a short sale would appear. Do not let your lender report your short sale as a foreclosure. By law, every lender is required and must report the true and accurate circumstances of a foreclosure or …

Dallas Short Sale Specialists at the REI Expo

This past weekend, Oyezz Real Estate attended the REI (Real Estate Investors) Expo at the Gaylord Texan Convention Center in Grapevine, Texas. Our short sale specialist team sponsored a booth to give out prizes with a prize wheel, and shared important information with real estate agents and investors. We were even recognized for our tweets with #REIEXPO. Check out our Facebook …

Short Sale Process and Hardship Letter

The lender will be taking a loss on the property so the hardship letter should be strong enough to prove that the hardship is legitimate. The letter should convince the lender that a short sale is the best decision for both the homeowner and lender. The lender will weigh out the options between a short sale and a foreclosure. Short …

Dallas Short Sale Specialists: Roddy Round-Up Event

Oyezz Real Estate was the keynote speaker at the November Roddy Round-Up Event in Addison. We presented to investors on how buying a short sale can generate profits. Short sales benefits homeowners and lenders, but they can also benefit realtors and investors. Therefore, we turn bad circumstances into a win-win situation for everyone involved. A short sale can take place …

Foreclosure Notice: Are you freaking out ?

[youtube]y3oYv8Sb6oY[/youtube] Did you just get a foreclosure notice? Are you freaking out? Well you don’t have to. People do not realize but they still have time to take appropriate action even after the foreclosure notice. First notice is the demand notice. This notice comes from the lender making a last attempt to collect. Second notice is the foreclosure notice that …

Short Sales: Housing Prices and impact on Dallas Short Sales

[youtube]YvtUX4PwsZg[/youtube]   In the month of June alone, the price of the houses went up by 10.7 percent. This is great news for real estate and homeowners! However, there is still over 9 million houses that are still under water.  Even though the market is improving you may find you are still upside down.  This can be a result of …