Things to know if you are facing a short sale or foreclosure

triciacox Cashiers NC , Cashiers NC real estate , Glenville NC real estate , Highlands NC , highlands nc real estate , Highlands North Carolina Real Estate , Highlands/Cashiers NC Homes , Highlands/Cashiers NC real estate , Market conditions , sapphire valley nc real estate Leave a Comment

In this real estate market with declining prices, short sales have become a common vehicle for sellers who are “underwater” on their mortgage.   In the event your lender agrees to allow a short sale of your home, there are things you need to know to protect yourself. If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, …

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

triciacox highlands nc real estate , Highlands North Carolina Real Estate , Highlands/Cashiers NC Homes , Market conditions , The Highlands Plateau Leave a Comment

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 …