Tag Archives: Brooklyn shortsales

Types of Real Estate Values

  Type of Real Estate Values Investment value- investment value is determined by the amount of return on a certain dollar investment a property will produce. Insured value- this value estimates the value of the property as a basis for … Continue reading

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Why Do Short Sales Take Long To Process?

Why do short sales take long to process? Short sales take long to process because the bank that services the mortgage may not actually own the loan.  The owner of the loan maybe an investor, or a mortgage insurer who … Continue reading

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Thinking of a short sale?

  If you are thinking of a short sale you should understand the type of loan that you have and get familiar with the following terms. Recourse loans- Lenders are allowed to go after you for the balance that you … Continue reading

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