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Short sale and foreclosure: How are they different?

Short sale and foreclosure: How are they different?

As unfortunate as it can be when homeowners fall behind on mortgage payments, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re quite different. Each has varying timelines and financial impact on the homeowner. Here’s a brief overview. A short sale is made when a […]

Criteria for Pricing a Home

Criteria for Pricing a Home

When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. It’s difficult to find 2 houses that are the same in value, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria […]

NEGOTIATING TACTICS THAT KILL A SALE

NEGOTIATING TACTICS THAT KILL A SALE

Negotiation is an art form that takes experience and knowledge to master, as skilled negotiators need to find common ground between differing parties. Using improper negotiation tactics can sink a deal quickly, so here are some negotiation tactics that you should avoid: 1. Lowball offers: Going far below market value when you make an offer […]