Short Sales

How long does it take short sales in Reno and Sparks to close?

“Hurry up and wait” is the mantra for short sales. Quickly submit your offer to beat other buyers and then wait on the bank. So how long do you have to wait? (Check back next week to learn how buyers can speed up a short sale.) I took data from the past six months (February-July) […]

Get paid $3,000 to Short Sell Your Home.

Recently Kristopher and I were tasked with helping a dear friend of mine short sell her home. When the payment of your mortgage is too much of a burden and you are far from ever recovering (turning right side up), it may be time for you to short sale your home. Instead of riding out […]

Watch Out Walk Away Home Owners

The creator of FICO scores, Fair Issac, has developed a program that will predict which home owners may strategically default. The program takes into account many different aspects of a borrowers finances including but not limited to: Length of home ownership Credit Card Debt Timeliness of bill payments Newly opened credit card accounts According to […]