The whirlwind of events over the last few years have created changes in the housing market. Industry insiders, like real estate agents, mortgage brokers, appraisers, etc., use a language to describe what is going on that may appear “user friendly” but in reality confuses the public at large.
In recent group presentations that I have given, [...]
Posts Tagged ‘short sale’
What’s behind the curtain….Short Sale revealed
April 25, 2008Short Sale, Bank Owned…???
March 18, 2008Ah the new terms of the modern agent. You have to remember, they are all independent contractors and free to butcher the language as best they can.
Short Sales have nothing to do with midgets!
Short sales refer to homes that are listed for less than the owner owes the lenders. The owner is attempting [...]