Exactly the same ones available for the middle-middle class people.
There are a plethora of programs but they are very specific to ones situation AND credit score more than income targeted.
Call a Reno Realtor and chat about your goals, Your Realtor can connect you with the lender and programs that have a historic record of success.
Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Palm Harbor University High School distirct
There has been a recent increase in value do to lack of inventory, most regular sales get multiple offers in the first week on the market. Call me for more info on what your home will sell for.I have listed two home in the north Valleys in the part two Weeks both were pending in less than a week. Mike Harding 671-6649... more
Not all real estate questions are "location specific, and any agent can answer them. So an east coast agent answering a question in Reno is not pointless.
Brownie points? No, there are no Brownie points for answering questions. We try to be helpful for many reasons. Some do it for altruistic purposes, others do it for the mental exercise, and some do it for the exposure.
I answer questions because I find it rewarding.... more
It really comes down to who the agent is that is working the short sale. In Reno, just about every agent is now working on short sales, but very few actually have reliable training on them. Patients from the buyer is also essential. The lenders on this files are backed-up at a level that is incomprehensible. As long as there is a clean package complete with an offer that falls within their net guidelines, the short sale should go as smoothly as possible. The number one complaint from short sale negotiators is that they are having to deal with agents that have no business working on short sale transactions. I would make sure to do your research on the agent listing the property, and contact them so you can get an idea of how knowledgeable they really are in short sales. As far as follow up. I personally try and follow-up via email with everyone involved in a transaction on a weekly basis. Even if there hasn't been any change since my last update, I will just state in my email that we are still waiting on (blank).
Short Sales are so involved, that I could go on for hours about them. Feel free to contact me directly if you have any further questions. I believe one of our key functions as Realtors is to continue to enhance our knowledge of the current real estate environment, and I'm more then happy to pass any knowledge I have along to the public and my colleges.... more