Thanks to Axiom Financial for this analysis and explanation. This is great information. Please contact your lending professional or Dean for an introduction to a professional who will take great care of you whether you’re buying or just have additional questions. In 2008, Congress enacted a $7500 tax credit designed to be an incentive for [...]
Good news! Banks can’t negotiate REALTOR Commissions in Short Sales
In the world of preforeclosure sales-often referred to as short sales-banks have put REALTORS® into a difficult dilemma: either cut commissions they’ll be willing to pay to approve a sale as THE third party to a transaction, or walk away from the deal. Let’s start at the beginning… A completed short sale is a real [...]
