Posts tagged as:

buying short sales

City of Orange – Mortgage Credit Certificate (MCC)

by Scott Schang November 10, 2009 First Time Buyer Loans

Mortgage Credit Certificate Program Fact Sheet

The Mortgage Credit Certificate (MCC) Program enables first-time homebuyers to receive a federal income tax credit of 15% of the annual mortgage interest paid.
MCC’s reduce federal income tax, increase take-home pay, and increase the qualifying loan amount for homebuyers.
Program assistance is available only to income-eligible persons and families who have [...]

0 comments Read the rest of this Article -->

Video – Webinar: Buying Foreclosures and Short Sales-Part 6 of 6

by Scott Schang July 12, 2009 Video Library

Part Six – Value of an Experienced Agent – Interview with Michael Knutson, Buyer’s Agent

We complete our fascinating conversation with Michael Knutson, a buyer’s agent with PorchLight Real Estate Services, about the challenges and opportunities he’s experienced while buying and selling short sales and foreclosures

0 comments Read the rest of this Article -->

Video – Webinar: Buying Foreclosures and Short Sales-Part 3 of 6

by Scott Schang July 12, 2009 Video Library

Part Three – Common Challenges and New Opportunities with Short Sales

Part three finishes our discussion about short sales with the opportunity of approved short sales coming on the market as well as a discussion of what to offer on a short sale and what expectations you can have about getting your offer accepted.

0 comments Read the rest of this Article -->

Video – Webinar: Buying Foreclosures and Short Sales-Part 2 of 6

by Scott Schang July 12, 2009 Video Library

Part Two – A Complete Guide to Short Sales

Part two discusses the parties involved in short sale process. From understanding the home owner and their motivations for entering into the short sale process to the lending bank that is being asked to accept less than what is owed on the home.
Understanding the this about [...]

0 comments Read the rest of this Article -->

A Complete Guide to Buying Foreclosures and Short Sales

by Scott Schang June 30, 2009 Resources from Classes

Buying foreclosures and short sales can be quite frustrating if you do not have a good understanding of the circumstances that surround such properties. With short sales, you typically have long wait times and a very low probability of success unless you or your team knows how to work the system.
Foreclosure properties are a totally [...]

0 comments Read the rest of this Article -->