What’s the difference between a Short Sale and a Foreclosure? A Short Sale is when the homeowner owes more than the property is worth, and cannot pay back the difference. They are short of full payoff. Here’s an example: Let’s say the homeowner buys a house for $200,000, with a primary mortgage of $160,000, and…
Category Archives: Foreclosures
Foreclosure Process Timeline
In the Minneapolis / St. Paul and suburbs, the typical process for a foreclosure goes something like this. Upon missing the first mortgage payment, the bank sends a nice, friendly letter reminding them of a missed payment. After another one or two missed payments, the letters get a little less friendly. After 4 or 5…
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Steven has been working in the real estate business for over 8 years. He began his career by obtaining his license for the sole purpose of purchasing investment properties. Now, 8 years later, he still has no investment properties but has helped many homeowners with their purchases and sales.
Prior to real estate, Steven had worked in the IT industry, with many years of programming experience, as well as technical support experience. He loves answering computer questions, just try him!
Steven is also an accomplished photographer. He marries his love for photography with real estate and shoots many homes for many other agents. You can visit his real estate photography website here.
952-915-2252
Character Houses in Minneapolis
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Steven has been working in the real estate business for over 8 years. He began his career by obtaining his license for the sole purpose of purchasing investment properties. Now, 8 years later, he still has no investment properties but has helped many homeowners with their purchases and sales.
Prior to real estate, Steven had worked in the IT industry, with many years of programming experience, as well as technical support experience. He loves answering computer questions, just try him!
Steven is also an accomplished photographer. He marries his love for photography with real estate and shoots many homes for many other agents. You can visit his real estate photography website here.
952-915-2252
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