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You’re on the hunt for a short sale. This is probably one of the most exciting things you’ve ever done. It’s also one of the more nerve-wrecking things you’ve gone through. Buying a home this way presents a lot of challenges - both for you and your lender. Here’s how to make it through the ordeal and snatch up the house of your dreams. How To Find The Short Sales
Your investment broker just told you about this amazing new mutual fund that's about to go to the moon - you're not interested. In fact, you don't want to hear any stock tips either. You're tired of bonds too. What you really want is some of that real estate action. After all, when there's blood in the streets, you're supposed to buy land. And, you're pretty sure that the economy is bleeding right now.
It's always exciting looking at a new potential vacation home, but it's important not to get carried away. No matter how great the price might seem, how much you like the look of the house, or how much the features blow you away, you have to do your due diligence first. There will likely always be similar homes that you can buy that will be just as good and that don't have any serious warning signs. Here are a few examples of warning signs that should make you stay well clear of a potential vacation home.