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Author Archives: Heidi
Deficiency Judgments Haunt Foreclosed Sellers
As the web of short sales and foreclosures continues to unfold, a new twist has come into play. Investors have begun purchasing deficiency judgments (“an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full” Wickipedia) from banks for around 2 [...]
Posted in Real Estate News, Short Sales
Tagged deficiency judgment, wall street journal
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Don’t wait until you list your home to Update!
So many of my clients wait to fix up their house until it’s time to list for sale. The broken back steps that require warning to guests, the peeling plaster, the wobbly door handles, replacing the broken basement stair tread, buffing wood floors are all done for the next owner’s benefit. By the time Sellers are finished with their [...]
Posted in Home Tips, seller tips
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