Short sale

In real estate, a short sale refers to the sale of a property in which the sale price is insufficient to pay off all encumbrances and pay the expenses of sale. If the lender is convinced that the owner, for various reasons, is unable to continue making the payments the lender will often agree to [...]

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10 ‘must-do’ steps to sell your home this year (Part 2 of 2)

6. Interview real estate agents. If you’re interested in using an agent, interview several early on about listing your home, says Tyson. “Ask them for their advice,” he says. “That’s a good way to select an agent.” What would they highlight about your home? What would they change before it goes on the market?
Ask to [...]

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10 ‘must-do’ steps to sell your home this year (Part 1 of 2)

If you’re selling your home this year, be prepared for a marathon, not a sprint.
In most places, those heady days of putting a property on the market, receiving multiple bids, getting more than you expected, and accepting an offer in just days — or weeks — are over.
Now, for most houses in most parts of [...]

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How to avoid closing-day glitches

After months of hunting and preparation, you’re finally ready to close on a house. The last thing you want is to have a problem pop up and delay the closing. Watch out for these common closing-day glitches, and learn how to avoid them.
1. Walk-through shockers
When you’re buying a home, one of the last steps of [...]

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Live-work condos offer dual-purpose space

With more and more people working at home at least part of the week, it’s perhaps not surprising that condo developers around the country are beginning to promote live-work units as part of their mix of offerings. Though the concept harks back to days when the corner grocer lived in rooms above the store, the [...]

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