Buyers today have more control over the home buying experience than ever. They choose what they want to see because they have access to property listings online. Yet, very often what they see is not what they get. I get calls daily from buyers excited about listings that are neither actually listed (redfin is famous for this), or still available (taking “back up offers only” shows as “active” in their searches even though it is really in escrow). Which brings us to short
Neal's Blog
Category: short sales
Almost everyone knows the name "Angelo Mozilo"-he's the former CEO of Countrywide and he's been in the news a lot in the last few years, mostly with negative connotations. This morning I had the opportunity to meet and listen to Andrew Gissinger. It's likely you haven't heard his name much, but I think you might in the future, and if you do I suspect it will be with good connotations. Andrew (he goes by "Drew"), is the new Executive Managing Director and Chief Operating Officer (COO) at
I had a conversation today with a past client that wants me to help her find a home this Spring and by the end of the call it was clear to me that there is no topic more important for buyers and sellers in todays market to thoroughly understand than what a short pay listing is compared to a foreclosure listing. First lets start with the basics. A short pay or short sale listing is one in which the seller will get no money. They owe more than the home is worth. They want to sell but in order to
