Proposed Bill to Speed Up Short Sale Process and Prevent Foreclosure

Friday, March 9th, 2012

Could we possibly see the short sale process speed up? If Senators Lisa Murkowski (R-Alaska), Scott Brown (R-Massachusetts), and Sherrod Brown (D-Ohio) get their way, that just might happen.  The bill, known as the Prompt Notification of Short Sale Act, addresses the issue of short sales timelines and was proposed on February 17.  A short […]

Short Sale Success Story in Glenwood Green

Tuesday, June 7th, 2011

Short sales are a big part of today’s real estate market.  Unfortunately, many sellers are upside down or in a tough financial situation.  A short sale is often their best or only option.  You can read more about how they work on our Short Sale Page. From a buyer’s standpoint, short sales have the reputation […]

First Time Homebuyer Series – Part 5B: Short Sales

Friday, March 11th, 2011

In Part 5A of our First Time Home Buyer Series, we talked about bank owned properties, which are commonly called Foreclosures. In this installment, we will look at another type of “distressed property” – Short Sales. A short sale is when the seller is trying to sell the property for less than his mortgage balance. […]

Know Anyone Looking for a Deal??

Wednesday, December 22nd, 2010

If you’ve ever asked me, “Do you know of any good deals out there?” then I want you to see my newest listing in Grant Park – a townhome short sale that is listed at $45,000! If you know someone that wants to be intown, in a newer construction home, that’s easy walking distance to […]

Jarrod Thomas is a Certified Distressed Property Expert

Thursday, December 2nd, 2010

Jarrod Thomas is coming up on his 4 year anniversary with Team Rich Richardson. He also just completed rigorous training to become a Certified Distressed Property Expert. Real estate professionals with the Certified Distressed Property Expert (CDPE) Designation have trained extensively to understand the options, solutions, and effective methods for dealing with homeowners facing hardships. […]