This real estate market has caused unbearable stress and heartache. There are people unable to keep their homes, displacing their families and creating lots of stress. Are you in this situation? If so, we are here to help! We have created a team of professionals that can assist you in turning your situation around. […]Read More Have you considered a Short Sale?
If you’re in the market for a new home, perhaps you’ve browsed listings and come across a foreclosure or two that you like. Maybe you’ve even noticed that some of these homes have listing prices that are below the typical market value in your area. Buying a foreclosed home can be a great investment – […]Read More Pros and Cons of Buying a Foreclosed Home
It can be very scary when you are facing foreclosure. There are many people out there with free advice on the internet. Who should you believe? The National Association of REALTORS® has created a useful document for homeowners: “How to Avoid Foreclosure and Keep Your House.” If you are in trouble, it is an excellent place […]Read More Are You Facing Foreclosure?
There are a few ways to decide whether it is worth it or not in Western New York. You see… a Short Sale is a method for reducing your debt. It is NOT Free though. It has its costs and they are not all short term. The most obvious negative effect is to your Credit. A Short Sale is a “derogatory”. That means that you will have significant damage done to your credit.Read More Short Sales in Western New York
We often talk about the Real Estate market and the inventory is the homes that are for sale. But let’s talk about the inventory that really isn’t inventory; yet. What sits waiting and what exactly are they waiting for? Out showing properties to a client of mine this evening, we discussed a problem that many […]Read More What About That Vacant House?
With so many WNY homes and condos on the market one would think it should be really easy to find a home and get a great deal. So why are so many first-time buyers having trouble finding a home that suits their needs at a price they can afford? Most first-time home buyers are utilizing […]Read More Is Buying a Foreclosure In Your Best Interest?
Foreclosure is not a type of sale. In the City of Buffalo, there are many distressed sales in the form of Short Sales, Bank Owned, REO (Real Estate Owned), and properties being offered via auction Buffalo Distressed Homes Current Market Report April 16, 2016 There are 18 active listings; the average list price is $45,628, and prices […]Read More Buffalo Distressed Homes – Market Report
In today’s Real Estate market, you may hear the term Short Sale. So, what is a Short Sale? Basically, when a house sells for a price that is less than the seller still owes on the mortgage, that’s a short sale. If the owner cannot make the mortgage payments, many lenders will agree to accept the proceeds of a […]Read More What is a Short Sale?
There is a Foreclosure trickle down that you may not be aware of. Foreclosure is a lengthy process in New York State, and it can take years for the home owner in trouble to finally be foreclosed on by either the financial institution or the county for back taxes. This process leaves many in limbo. […]Read More Foreclosure Trickle Down in Western New York
The media is full of reports about the deals a buyer can get on a foreclosed house, and these reports have made many buyers think that a foreclosed house could be the perfect option and a chance for a good deal. As a result of the housing bubble and resulting financial instability, many communities have a high […]Read More Should I Buy a Foreclosed House?