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Saturday, August 01, 2009 9:59 AM

What Buyers Should Know About Short Sales.

Short Sale Transaction Information Form 1. A Short Sale is a transaction in which the Seller is attempting to sell the property for less than the amount of the balance owed on the mortgage to the Lender. The Seller won't make any money from the sale
Posted by Mark Cohen, Broker | (Comments Off)
Saturday, August 01, 2009 9:55 AM

Short Sale Odds.

5. Short Sale Odds. Why do only a small percentage of short sales close? Everyone involved is: Short on Money. Short on Time. Short on Patience. Short on Knowledge. Short on Experience. Short on Paperwork. Long on Odds that it will close.
Posted by Mark Cohen, Broker | (Comments Off)
Tuesday, May 13, 2008 9:59 AM

When Will Homes Start Selling Quickly Again?

During the heated market of the last several years homes sold very quickly. Today in May 2008, my area has at least a 10-11 month inventory of homes. Almost every day for the last 7 months about 3 times more homes have been listed for sale than closed
Posted by Mark Cohen, Broker | (Comments Off)