Are you really ready to buy??

There are a lot of things to consider when getting ready to buy a home. The first is, How much can you afford for your monthly payment?.  Also, a portion of that payment helps you on your taxes so if you are paying a little more than before it could be far worth it in…

Choosing a REALTOR®:

When choosing a REALTOR® look for the experience and credibility in the area that you are moving to. You need some one that is very familiar with the area as well as what is going on in the current market. Times have changed over the years and the industry has as well. With short sale…

William Dean Homes

Custom building is one of the great passions I have had for over the 16 years in the Real Estate industry. It gives a person the opportunity to blend all the ideas and things that they have seen in the past into Reality.’ It is the perfect way to personalize your dream home. With the…

Parade of Homes 2010

Tax day has come and gone so most of us know where we are regarding what we have coming back or what we owe in to the Internal Revenue. This now also begins the boost in the Real Estate market for 2010. Those that are thinking of making a change by the beginning of summer…

Short Sales Part 6

Over the past few weeks we have been discussing the options available when you are in financial trouble regarding your mortgage. Today’s economic situations have made it harder for homeowners to keep up with their monthly payments. As discussed in previous articles you have a variety of options, from loan modification to short sales and…

Short Sales Part 5, Seeking Council:

When determining what to do regarding a short sale there are also some wise words of advice as to your options as well. Seek legal advice and also talk with your accountant or tax advisor as to what the consequences are going to be if you do a short sale. They may also be able…

Short Sale Part 4: Advantages and disadvantages of the short sale

When doing the short sale with the lender the shortage does not just go away. Depending on the lender they will determine if you will get a 1099-C or that you get a deficiency judgment against you. A 1099-C is an income form for the shortage that you will have to claim as income since…

Short Sale Part 3- Preparing documents for the short sale

There are documents that need to be gathered to get the process in full gear. Keep in mind you are asking for a loss from the lender on a purchase you did in the past, a mortgage that you agreed upon prior so the lender needs all the verification again as too why you feel…

Short Sales Part 2- Working towards the process:

You will need verification of your economic condition prior to getting the process started. You will need to write a hardship letter that states why you feel that you need to do a short sale. Also if you are having an outside party assist in the process you will need to put it in writing.…

Is A Short Sale For You?

With today’s tight economic conditions mortgage payments are stressing many families to the brink of either foreclosure or bankruptcy. There are other options available to you as a consumer out there. Loan modification is actually a good option if you are planning on staying in your home. This is where the Mortgage Company will work…