Short Sale – An Alternative to Foreclosure

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In these uncertain economic times, many Americans are living from paycheck to paycheck, often extending themselves even further through credit card debt.     For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One option is a real estate short sale. To help understand how a short sale differs from a …

Why Buy Now???

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Home prices have stopped their free fall and many markets have lower inventories of available properties.    The extended and expanded tax credit will end on April 30.    However, the major reason to buy now is the historically low mortgage rates which no way to go but up. If you’ve been holding off making a real estate purchase, the flicker of …

Highlands, Cashiers, and Lake Glenville NC Foreclosures and Short Sales

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For great properties in Highlands, Cashiers, and Lake Glenville, don’t forget to check out the Foreclosure/Short Sale Listings.  From single family homes to vacant land, you will discover fantastic finds in the locations you want to live and custom build your home.  For the current featured foreclosure and short sale property listings, visit Meadows Mountain Realty’s website where you can …

Tread Carefully When Making a Low-Ball Offer for Homes in the Mountains of western North Carolina

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These days it’s easier to make a low-ball offer than it used to be, but with short sale properties, foreclosures and overall prices at historic lows it’s important to be offer smart.  Here are some things that a potential buyer should consider when making such an offer: 1. Use foreclosures as comps carefully. Look realistically at the prices of foreclosures if …

Now is the Best Time to Invest in Highlands North Carolina real estate

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Regarding the economy and current market conditions, Warren Buffet has been quoted as saying; “Be fearful when everyone is greedy and greedy when everyone is scared”. This is seems to be true in the real estate market.  When it is a Seller’s market, Buyers should be fearful and less interested in purchasing real estate.   Now, it is definitely a Buyer’s …