Category Archives: Short Sales and Foreclosures

Tips on How to Buy a Foreclosed Home

If you’re a fan of late-night television, you’ve seen the guys hawking their latest get-rich-quick-with-foreclosures program. These infomercials typically feature folks, “just like you,” who got stinking rich simply by buying foreclosed or bank-owned properties. It’s so easy! What about … Continue reading

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First Time Buyer Tips!

If you’re a first time home buyer, check out these great tips from Bankrate.com before beginning to search for your first home!

Posted in Charleston Lifestyle, Design Tips, Elaine Brabham and Associates, Mortgage News, Real Estate News and Trends, Short Sales and Foreclosures | Leave a comment

Short Sales: Are They Worth it for Buyers?

Considering buying a home listed as a short sale?  There are pros and cons, but if you understand the process and have the flexibility, a short sale can be a great way to get the home of your dreams for … Continue reading

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Fannie Mae REO Buyer Incentives are Back!

Good news for buyers!  Fannie Mae has reinstated its HomePath buyer incentives program, which offers closing cost assistance to buyers who purchase foreclosed homes in its REO inventory.  Buyers must submit initial offers on or after April 11, 2011 and … Continue reading

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Short Sales – The Newest Hot Button Issue!

Short sales and foreclosures in and of themselves are certainly hot topics in today’s real estate world both locally and nationally.  Recently, the question of disclosing short sales has become a highly publicized and debatable issue that concerns buyers, sellers, … Continue reading

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Modifications Not the Answer to Foreclosure Crisis

A great article on the current foreclosure situation that Elaine Brabham and Associates would like to share. by Steve Harney on November 5, 2010 Even the government now realizes that there is no way to prevent a large number of … Continue reading

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