August 29, 2011
As a Realtor I am not able to advise anyone to “buy and bail”. This is the phrase used to describe when a homeowner buys a new house and then allows their 1st home go to foreclosure. This is usually done because they owe much more on their mortgage than the home is worth. If [...]
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July 16, 2011
When buying a home in the Phoenix, Arizona market you have the choice of a short sale, a foreclosure and maybe a traditional sale (however, these are few and far between). So why would you choose a short sale? A short sale is considered a “distressed property”. A short sale is still owned by the [...]
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