Logan Utah Short Sale Articles

There are currently 3 blog entries related to this category.

Buying A Logan Utah Short Sale - What's Your Time Frame?

Thursday, April 28th, 2011 at 3:44pm. 5012 Views, 0 Comments.

Buying Logan Short SalesWhen looking for Logan homes for sale, you'll notice that a few of them are short sale properties. These properties require a different process in order to be purchased. A short sale is where the home owner owes more than the home is worth.

These homes are subject to a third party approval (normally a bank or large investor) who must approve the short sale price. This is where short sales start to get tricky, and if you plan on buying a home that is a short sale, you'll need to understand the time frame a short takes to close. 

Short sales, on average, take three to six months to close. A normal real estate transaction usually takes 30 to 45 days to close. Waiting around for three months for a home to close may not be a viable option for you and…

Read Full Post »


Buying Logan Utah Bank Owned Homes - The Foreclosure Buying Process

Wednesday, February 2nd, 2011 at 2:23pm. 1190 Views, 1 Comments.

logan_utah_bankowned_homes_300

Sick of the pains and aches of buying Logan Utah short sales? You're not alone. Instead, why not go straight to the end of the line and buy a bank owned home?

Many home buyers who figured they would get the deal of the century buying short sales have found out the hard way, it's not as easy as once thought.

Instead, buying a bank owned home has become the desirable way to get a great deal. So, how do you go about buying an REO (real estate owned or foreclosed) home?

 

Buying Logan Utah Bank Owned Homes

Banks own homes for one reason, they foreclosed on someone who wasn't paying their mortgage. Once they foreclose the home becomes a toxic asset and it's best for them to get rid of the property as fast as possible. This is where you come…

Read Full Post »


Buying Or Selling Short Sales In Logan Utah? Common Questions Answered

Wednesday, February 2nd, 2011 at 11:56am. 935 Views, 0 Comments.

When buying short sales in Logan Utah, the process can be long and frustrating for all parties involved. From contacting the listing agent, most of them never answer their phones, to waiting for an answer to your offer from the bank the; whole process can be quite overwhelming at times.

If you're trying to sell your Logan home short, the process is draining and confusing, not to mention the fact you don't know if it will work out until you sign the final closing papers. Either way, short sales are a complicated process. Here are a few questions and insights into the short sale process for both buyers and sellers.

Logan Utah Short Sales

Buying Logan Utah Short Sales

Where Do I Start?

When buying a short sale your first step is to find out as much about the…

Read Full Post »