New Texas Home Owner Association (HOA) Rules

Posted by NCarroll on Jan 7, 2012 in Uncategorized | 0 comments

It will now be harder for HOA’s to foreclose on homeowners. Click the link below to learn more.

Short Sale Tips for Buyer and Listing Agents

Posted by admin on Dec 19, 2011 in Uncategorized | 0 comments

To increase your likelihood of success, always determine the following before making a short sale offer or listing a short sale.

1) is the current mortgage VA or FHA guaranteed; and

2) if not a VA or FHA guaranteed mortgage; then always determine if the loan is structured as an 80/20 with two mortgages and no PMI (Private Mortgage Insurance).

VA, FHA and non-PMI loans have a much higher rate of short sale negotiating success if you understand the guarantee process and what the lenders/investors are looking to accomplish behind the scenes.