How to Sell a Springfield House With Mold, Smoke Damage, or Water Damage
Do you need to sell a house with smoke, mold, or water damage? Here's what you need to know about selling your house in Springfield.
Author: bortins1103
Understanding the Foreclosure Process in Massachusetts
Understanding the foreclosure process in Massachusetts is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Massachusetts What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued
How to Review Seller’s Market Offers in Springfield (And Around the Zip Code)
Seller’s markets come and go. If you’re selling your house in Springfield or around the zipcode during a seller’s market, then you might get multiple offers. Here’s how to review seller’s market offers in Springfield… A seller’s market is when there are more buyers and fewer properties. For sellers, it’s an exciting time to sell … Continued
How to Handle Property Liens When Selling a House in Springfield
Trying to sell your Springfield house, but property liens are getting in the way. Here are a few things you can do.
What Rising Foreclosure Rates Mean for Home Buyers and Sellers in Massachusetts
It’s no secret that foreclosure rates in America are on the rise. This can affect the Massachusetts real estate market in all sorts of ways. The housing market has always been a volatile industry. With fluctuating prices, ever-changing regulations, and unforeseeable economic conditions, it can be challenging for homebuyers and home sellers to navigate the … Continued
The Difference Between Pre-Foreclosure and Foreclosure for Homeowners in Massachusetts
Foreclosure and preforeclosure are two terms that are commonly used in the real estate industry. While these terms may sound similar, they have very different meanings and implications for both homeowners and potential buyers. What is Foreclosure? Foreclosure is a legal process that occurs when a homeowner is unable to make their mortgage payments. When … Continued
4 Things to do if You Are Upside-Down on Your Mortgage in Massachusetts
Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house due to foreclosure instead of waiting out … Continued
How to Sell Your House in Massachusetts if You Owe More Than It’s Worth
Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued
Traditional Sales vs. Short Sales And Foreclosures in Massachusetts
Home sales usually fall into one of three main categories: traditional sales, short sales, and foreclosures. For buyers, each has pros and cons, though generally speaking the cheaper properties are short sales and foreclosures. But if you’re a buyer, you need to keep in mind that these properties are usually cheaper for a good reason. … Continued
Stopping the Foreclosure Process: A Guide for Massachusetts Homeowners
Stopping the foreclosure process of your Massachusetts home can be difficult, but not impossible. Dealing with the banks, negotiating terms, and stressing over your mortgage can feel completely unbearable, but luckily you have lots of options available to you. Foreclosure is more common than you might think and can affect millions of Americans every year. … Continued
5 Ways the Foreclosure of Your Massachusetts House Will Impact You in the Future
The wheels that drive foreclosures turn very slowly, and there is ample opportunity to steer the ship in a new direction and salvage your future. Sadly, foreclosure is entirely avoidable, yet lives are often damaged for years because homeowners weren’t fully informed of the consequences and took no action to prevent the process. Whatever circumstances … Continued
What Homeowners in Massachusetts Can Expect During the Foreclosure Process
If you’re concerned about your property going into foreclosure due to circumstances beyond your control, the optimum scenario would be to work with your lender for a resolution before things go any further. However, going through the foreclosure process can be made easier when homeowners understand what lies ahead, so read on as we explore … Continued
How to Sell Your House During Bankruptcy in Massachusetts
If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. In October of 2022, there was a twenty-seven percent increase in chapter 13 bankruptcy filings over the previous year. Bankruptcies, including all chapters, total a seven percent increase overall, which correlates strongly … Continued
Avoiding Foreclosure: How Massachusetts Direct Property Buyers Can Help You Keep Your Credit Score Intact
Facing foreclosure can be an extremely stressful experience for any Massachusetts homeowner. Not only does it mean the loss of a home, but it can also have a significant impact on one’s credit score and financial future. Fortunately, there are options available for homeowners facing foreclosure, including working with direct property buyers in Massachusetts. In … Continued
What You Should Know About Real Estate Trusts in Massachusetts
Preparing for when a loved one passes will allow you to endure the loss without adding the stress and pressures of dealing with all of the details of an estate. If you’re wealthy, then the alarming tax rate on gits has likely been of concern. Taking action by preplanning for the distribution of an estate … Continued