Monthly Archives: September 2009

What’s the Difference Between a Short Sale, REO and Foreclosure.

Posted on September 9, 2009 by Elaine

Thanks to the recession, these terms have become common place. Newspapers, news reports, and blogs are all taking about how to buy foreclosures, REOs and especially short sales (which seems to be the buzz word of the day). That brings … Continue reading →

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Rent-to-Own in Brooklyn New York – The Pros and Cons

Posted on September 3, 2009 by Elaine

With the difficulty some buyers are having getting financing, and Condos and other new constructions in Brooklyn sitting empty, rent-to-own has become an option available for some buyers. But what is rent-to-own? The rent-to-own scenario, which is also called a … Continue reading →

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Info on Seller Financing

Posted on September 1, 2009 by Elaine

Here is an interesting article I came across on the WSJ online about seller financing. Seller financing is when the seller of the property holds the mortgage for the buyer instead of a bank or some other lending institution. If … Continue reading →

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