Company Blog
Topic - Mortgage
The market is picking up noticeably and buyers are out there in large numbers searching for the deals that everyone is talking about. Our auction just this past Saturday had over 45 people there and it was just a house and 13 acres, so hopefully we are just about to see some things turn around and start…Read Full Entry
Short Sale Opportunities for Buyers & Sellers
by on Mar 09, 2009 in Housing, Mortgage, Auctions, Appreciation
In the real estate market today the new buzz word is “short sale.” Basically in a nutshell the short sale is when the banks are allowing the sellers to sell their homes prior to having to go into foreclosure. The sellers have to in some cases pay the difference to the banks OR they file a…Read Full Entry
Auctions Are Often Thought of as “Fire Sales” For Properties in Distress. Is this True?
by on Mar 09, 2009 in Housing, Mortgage, Auctions
Until recently, real estate auctions, unlike art and antique auctions, have experienced unfounded negative images in the marketplace. The majority of auctions today don’t result from foreclosure of distress situations, but rather are the result of a seller choosing a cost-effective, accelerate…Read Full Entry
Should I consider an absolute auction if I have a large mortgage?
by on Mar 05, 2009 in Mortgage, Auctions, Appreciation
You might have a large mortgage, but larger equity in your property. If you guarantee and show proof to us that you are willing to pay off that mortgage and walk away with whatever is above or below that mortgage amount, then yes we would sell your property “Absolute”. Otherwise, don’t…Read Full Entry
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