Can I Put My Home Up for Short Sale if I Am Not Behind On My Payments?

At the beginning of the real estate crisis that swept across the United States at the start of 2007, homeowners across the country could do nothing as they watched the value of their homes plummet and mortgage payments, for those with mortgages with an adjustable rate, went up. Vast and widespread unemployment, decreased level of average income, and an increase …

Most Common Mistakes When Buying a Home

People make many mistake when buying a home but here are some most common ones, Not working with a licensed real estate agent: The benefits of working with a listened real estate agent are that you have their knowledge and resources to find the right home for you and at a good price in the local housing market. To find …

Short Sale Experts Sharing Wealth of Knowledge: Did You Miss it ?

Oyezz Real Estate was at the SMU Campus in Plano sharing the latest strategies and techniques in residential short sales. Local real estate agents packed the meeting room for an hour long class on how to represent a buyer in a short sale. John Anderson highlighted some of the following topics: • how to interview the seller’s agent • the …

Millions of Homeowners Underwater – What to do ?

First-time homebuyers search for affordable homes; however those homes are a rare find on the market because of the negative equity on most of those homes. According to the first quarter of Zillow® Negative Equity Report, almost 9.7 million homeowners are underwater. Homeowners who owe more on their mortgage than the house is worth are in a sticky situation. This …