Posts Tagged ‘Chris Martin’

Like we learned from Chris and Lanie Martin in our last segment, you can buy a HUD Home (that’s an FHA Foreclosure) with just $100 out of your pocket if you qualify for a new FHA loan.

BUT IF YOU ARE A CIVIL SERVICE PROVIDER- It gets even better!  Listen to the Martin’s talk about HUD’s Good Neighbor Next Door Program.  HUGE DISCOUNTS are available on these homes if you are in the right profession.  Check out the link above to learn more or just click here to get started.

HUD Homes have been around for years, many Realtors do not know how to place offers on them or access their lists of homes available, we sure do here at Integrity All Stars.  Just let us know you are interested in more information and we are here to help!

Here’s the link to give you more info on how to buy a HUD home in general as well.

You also will want to get preapproved by a Mortgage Professional, if you haven’t done that yet, please contact Lanie Martin with Cobalt Mortgage.

Here’s the link to give you more info on how to buy a HUD home, but to make it easier you can also contact us and we’ll help you navigate thru the process without a problem, just click here to get started.

You also will want to get preapproved by a Mortgage Professional, if you haven’t done that yet, please contact Lanie Martin with Cobalt Mortgage.

HUD Homes have been around for years, many Realtors do not know how to place offers on them or access their lists of homes available, we sure do here at Integrity All Stars.  Just let us know you are interested in more information!

When we take out our buyers to look at both Short Sales and REO’s, we need to set our Buyers expectations between the two because there is a difference in how long they take to close escrow. 

• Short Sales do have a longer time frame involved due to negotiations than other homes on the market unless they’ve already been “pre-approved”; on average about 3 months but it does depend on who is handling the negotiations, who are the banks or lenders involved, and how many lien holders there are all impact the time frame. 
• Bank owned properties (REO’s) take usually less than 2 months start to finish just due to the fact that they already have determined and processed what they want for the home. 
• There are also a lot more “regular” or “equity” sales out there recently because the “flips” are now coming back due to FHA temporarily removing their 90 day seasoning rule.  It has made it more attractive for investors to purchase either bank owned homes or homes on the auction block, aka Trustee Sale Homes. Those also move faster than short sales.

We’ll be happy to further talk with someone interested in buying a home on more specifics because these are merely estimates; each home out there has it’s own story to tell.