A short sale in real estate is used to either stall or avoid possible foreclosure on a home. Rather than purchasing the real estate from the seller you purchase it directly from the holder at a discount. The seller may owe $200,000 on the mortgage, but you offer $150,000 directly to the lender who accepts it as payment in full.
There are several reasons why holders of mortgages would be willing to accept these transactions. First, banks are not in the business of real estate, they are in the business of making money. Having excess properties on their books does not increase their income, it detracts from it. If the opportunity exists for them to mitigate these losses in the form of accepting less, rather than losing the entire amount, they will do it.
Second, note holders realize that they stand to lose a lot of money if the property is not sold, or goes to auction. Additionally, there are more fees involved in the auction process. It is definitely preferable for the mortgage company to take your offer and not have to deal with the property any longer.
Although foreclosures are prevalent, lenders are most willing to entertain a short sale when the property is in pre-foreclosure.
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Home Source Realty Group are Massachusetts discount real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at www.HomeSourceRealtyGroup.com.
Showing posts with label discount real estate. Show all posts
Showing posts with label discount real estate. Show all posts
Friday, June 25, 2010
Tuesday, March 16, 2010
Discount Real Estate Buyer Broker Services & Commission Rebate
Buying and selling real estate can be extremely confusing, even for those who have previously owned or sold property. Determining whether to use a buyer broker, seller broker, discount real estate buyer broker, whether to negotiate a commission rebate, what percentage to negotiate, and many other issues, can be overwhelming.
When you are selling your home, you will retain the services of a listing agent, and in all likelihood, a seller’s real estate broker. This person will list your home, schedule showings and open houses, obtain a market value appraisal, and assist and prepare the necessary closing documents relative to the broker process and any commissions or fees.
When you are buying a home, it is always in your best interest to have a buyer’s broker. Using the seller’s broker may save you money up front, but it could end up costing you much more in the long run. A buyer’s broker is generally paid, with the seller’s broker, from the sale of the real estate.
Home Source Realty Group offers a discount buyer broker service, commission rebate and, because they are owned by attorneys, free legal service as well.
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Home Source Realty Group are Massachusetts real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER or SELLER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at www.HomeSourceRealtyGroup.com.
When you are selling your home, you will retain the services of a listing agent, and in all likelihood, a seller’s real estate broker. This person will list your home, schedule showings and open houses, obtain a market value appraisal, and assist and prepare the necessary closing documents relative to the broker process and any commissions or fees.
When you are buying a home, it is always in your best interest to have a buyer’s broker. Using the seller’s broker may save you money up front, but it could end up costing you much more in the long run. A buyer’s broker is generally paid, with the seller’s broker, from the sale of the real estate.
Home Source Realty Group offers a discount buyer broker service, commission rebate and, because they are owned by attorneys, free legal service as well.
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Home Source Realty Group are Massachusetts real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER or SELLER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at www.HomeSourceRealtyGroup.com.
Tuesday, February 9, 2010
What Home Source Realty Group Offers:
Buyer Broker Services
* When we work with you as a "Buyer Broker" we rebate from 20% to 50% of our commission back to you at closing. This is really a "win/win" situation since that commission is paid by the Seller. Call or email us to learn more about how this rebate applies. The total savings to you on an average priced property is usually several thousand dollars.
* As your Buyer Broker we will do a Comparative Market Analysis of any properties that you are interested in.
* We can set you up to receive automatic emails of any new properties that come on the market in certain towns/price ranges. We can accompany you to view properties OR you can view them on your own and we will assist you when it's time to make an offer. We can structure your Buyer Broker representation to be as "hands-on" or "hands-off" as you need.
Buyer Attorney Services
* Home Source Realty Group is owned by Attorneys who have specialized in Real Estate Law for over 16 years. We can perform a full title search on any property that you would like to make an Offer on. You will be offered the complimentary legal services of a real estate attorney from the beginning of your search until the closing.
Discount Mortgage Referrals
* We work with dozens of local and national mortgage brokers and direct lenders. We can refer you to a mortgage professional that will offer discounted fees and competitive rates and products. We personally know these lenders and have successfully closed hundreds of loans with them.
Entry Only Listings
* For a flat fee of $300.00 we will list your home on MLS. MLS is the most effective and inexpensive way to advertise your home for sale. We take pictures and enter your listing on MLS using the content that you give us. Open houses, other advertising, showings etc will be handled by you.
For more information about Entry Only Listings or our Full-Service Listing Services please fill out this form to contact us: Listing Your Home for Sale with Home Source
Since we offer the services of Buyer Broker, Buyer Attorney, and Mortgage Professional from start to finish, we can ensure that you are in an optimum negotiating position when you are ready to make an offer and that you are fully protected throughout the home-buying process!
-----------------------------------------------
Home Source Realty Group are Massachusetts real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER or SELLER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at http://www.homesourcerealtygroup.com/.
* When we work with you as a "Buyer Broker" we rebate from 20% to 50% of our commission back to you at closing. This is really a "win/win" situation since that commission is paid by the Seller. Call or email us to learn more about how this rebate applies. The total savings to you on an average priced property is usually several thousand dollars.
* As your Buyer Broker we will do a Comparative Market Analysis of any properties that you are interested in.
* We can set you up to receive automatic emails of any new properties that come on the market in certain towns/price ranges. We can accompany you to view properties OR you can view them on your own and we will assist you when it's time to make an offer. We can structure your Buyer Broker representation to be as "hands-on" or "hands-off" as you need.
Buyer Attorney Services
* Home Source Realty Group is owned by Attorneys who have specialized in Real Estate Law for over 16 years. We can perform a full title search on any property that you would like to make an Offer on. You will be offered the complimentary legal services of a real estate attorney from the beginning of your search until the closing.
Discount Mortgage Referrals
* We work with dozens of local and national mortgage brokers and direct lenders. We can refer you to a mortgage professional that will offer discounted fees and competitive rates and products. We personally know these lenders and have successfully closed hundreds of loans with them.
Entry Only Listings
* For a flat fee of $300.00 we will list your home on MLS. MLS is the most effective and inexpensive way to advertise your home for sale. We take pictures and enter your listing on MLS using the content that you give us. Open houses, other advertising, showings etc will be handled by you.
For more information about Entry Only Listings or our Full-Service Listing Services please fill out this form to contact us: Listing Your Home for Sale with Home Source
Since we offer the services of Buyer Broker, Buyer Attorney, and Mortgage Professional from start to finish, we can ensure that you are in an optimum negotiating position when you are ready to make an offer and that you are fully protected throughout the home-buying process!
-----------------------------------------------
Home Source Realty Group are Massachusetts real estate brokers headquartered in Dedham MA and serving all of Eastern Massachusetts. They offer unique services including UP TO A 50% COMMISSION REBATE, COMPLIMENTARY BUYER or SELLER ATTORNEY services, and DISCOUNT MORTGAGE REFERRALS!!! To learn more visit them online at http://www.homesourcerealtygroup.com/.
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