hermanshaw's Advice

Contributions are sorted newest to oldest.

  • 4 Contributions
  • 0 Best Answers
  • 0 Helpful

hermanshaw wrote:

What is a short sale?

Answer
In a short sale, the bank or mortgage lender agrees to discount a loan balance because of an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank's loss mitigation or workout department. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender. In such instances, the lender would have the right to approve or disapprove of a proposed sale. Extenuating circumstances influence whether or not banks will discount a loan balance. These circumstances are usually related to the current real estate market and the borrower's financial situation.
October 01 2009
(0)

Are you planning to sell soon? Property Serach in Daly City and Pacifica

Answer
Hi Herb,You can get good house through My Peninsula Home Search  you can easily get information about any type of house you are in need
October 01 2009
(0)

What is my house worth?

Answer
Until you I'm not friendly with your house details i will not be able to know about the actual value of your house, or you can get the true value of it through My Peninsula Home Search
October 01 2009
(0)

what site do u recommend to go to find commercial real estate value

Answer
I don't have any information about any commercial real estate site but I know one site My Peninsula Home Search
October 01 2009
(0)