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Negotiating a Short Sale

The main thing to know when negotiating a short sale is that it’s always going to be priced somewhat below market if for no other reason than the fact the seller is looking for a quick sale. I recently had a home listed for $280,000 when all comparable homes in the neighborhood were priced at $300-$320,000. Now granted, this house needed new flooring throughout, but that plus some fresh paint…

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#buying a home #distressed property #for sale #home buying #joyce albert #keller williams #real estate #renovation #short sale #short sale negotiations #slidell #st tammany

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Investment Property – Another Way to Build Wealth

Investment Property – Another Way to Build Wealth

Did you know you can buy a multi-family residence, up to four units, with an FHA loan? That’s right. The only stipulation being that you intend to live in one of the units.

For an owner/occupant investor who might be limited on funds, the 3.5% FHA down payment is fantastic! And if the other units already have tenants, the lender will even factor those rents into your loan qualification.

For…

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#investment property #multi family

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