Ann Arbor Real Estate Talk » short sales

Deficiency Judgements on Foreclosures in Ann Arbor

Missy Caulk — Fri, 28 Jan 2011 00:05:23 +0000

Ann Arbor folks, I have heard this before from a few of my Short Sale sellers…“We will just let it go into foreclosure” if the bank pursues a deficiency judgement. If a bank doesn’t release their right to pursue a deficiency judgement at the Short Sale letter of acceptance; they can still pursue it at [...]

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Deficiency Judgements on Foreclosures in Ann Arbor

Negative Equity and What it Means to You in Ann Arbor

Missy Caulk — Mon, 13 Dec 2010 15:13:21 +0000

Negative equity is when you owe more than you can sell your home for in the current market. Negative equity is why there are people in Ann Arbor selling their home Short, or for less than owed. According to Core Logic, a real estate data and analytic company 29.4 percent of all homes with mortgages [...]

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Negative Equity and What it Means to You in Ann Arbor

Mailing List for Short Sales & Foreclosures in Ann Arbor

Missy Caulk — Sat, 11 Dec 2010 17:38:17 +0000

Would you like to be on our mailing list to be notified of new Short Sales and Foreclosures in the Ann Arbor Area? You can fill out the form below and we will send them to you daily as they come on the market. (use the scroll bar to fill in the all the fields [...]

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Mailing List for Short Sales & Foreclosures in Ann Arbor

4423 Yarmouth Crossing Ann Arbor (approved short sale)

Missy Caulk — Sun, 26 Sep 2010 16:04:03 +0000

4423 Yarmouth Crossing in Ann Arbor is an approved SHORT SALE. See the entire MLS Listing *SHORT SALE APPROVED AT LIST PRICE* Lovely home in Ann Arbor schools with a fenced yard. Vaulted ceilings in family room and Master Suite, Pergo floors throughout kitchen, nook and foyer. Finshed Lower Level with rec room. Large deck [...]

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4423 Yarmouth Crossing Ann Arbor (approved short sale)

How Long Do Short Sales Take in Ann Arbor Area?

Missy Caulk — Mon, 16 Aug 2010 14:44:46 +0000

How long do short sales take in Ann Arbor is a question I get asked quite a bit. The answer is it depends. Depends on the bank… Depends if there is two loans… Depends if the agent knows what the heck they are doing… One of the first things we do on the Missy Caulk [...]

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How Long Do Short Sales Take in Ann Arbor Area?

Ann Arbor Area Residents, New Rules for Short Sales

Missy Caulk — Fri, 09 Apr 2010 13:08:14 +0000

Ann Arbor Area Residents there are some new rules for Short Sales. As I have posted before make sure the Realtor you hire has experience in the Short Sale process. Don’t be afraid to ask them how many short sales they have done in the past and how successful they were. The HAFA (Home Affordable [...]

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Ann Arbor Area Residents, New Rules for Short Sales

Title Insurance in Ann Arbor

Missy Caulk — Sun, 17 Jan 2010 23:32:10 +0000

Title Insurance in Ann Arbor When you buy or sell a home in Ann Arbor, you need title insurance. The seller buys 1/2 of the title insurance based on the sale price of the house. The buyer purchases title insurance on the mortgage amount. Friday I attended seminar sponsored by the new Washtenaw Councel of [...]

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Title Insurance in Ann Arbor

New Short Sale FHA Guidelines in Ann Arbor Area

Missy Caulk — Mon, 28 Dec 2009 17:17:12 +0000

If you live in the Ann Arbor Area, here are some new rules concerning buying a home if you have been subject to selling your home as a short sale. Borrowers are not eligible for a new FHA mortgage if they pursued a short sale agreement on his or her principal residence simply to: • [...]

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New Short Sale FHA Guidelines in Ann Arbor Area

Ann Arbor Board of Realtors Adds Short Sale Search to MLS Data

Missy Caulk — Thu, 24 Sep 2009 23:57:47 +0000

The Ann Arbor Area Board of Realtors added the “Short Sale” and “Bank Owned” to their MLS search today. Having been a Director on the Ann Arbor Area Board of Realtors for 7 years, and MLS Committee, we have been working on getting this update for years. Searching for homes that are being sold “short” [...]

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Ann Arbor Board of Realtors Adds Short Sale Search to MLS Data

Ann Arbor Sellers Make Sure your Agent Understands Short Sales First

Missy Caulk — Thu, 24 Sep 2009 23:33:41 +0000

Back in January, I wrote a post on getting my Certification as a Short Sale Specialist. Last night we had a situation come up which confirmed that was the smart thing to do. We have a Buyer Client who was interested in making an offer on a Short Sale listed in the MLS. So we [...]

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Ann Arbor Sellers Make Sure your Agent Understands Short Sales First