Jeffrey Tung's Real Estate Blog » Shopping http://jefftung.net Realty World - Success Plans, Inc. Serving you since 1986 Mon, 30 Apr 2012 22:27:48 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Long Short Sale process http://jefftung.net/2010/10/18/long-short-sale-process/ http://jefftung.net/2010/10/18/long-short-sale-process/#comments Tue, 19 Oct 2010 00:08:20 +0000 Jeff Tung http://jtung.blogs.rwnetwork.com/?p=314 Ever wonder why it takes so long to finish a short sale transaction?  It could take 3 to 4 times longer then a regular sale and there is no guarantee that the sale will be completed.  This process is really between the buyer and seller, however there is another party, a lender of record,  that has to cooperate with the purchase.  They have their own proceedures to approve the purchase and could take a long time. 

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]]> http://jefftung.net/2010/10/18/long-short-sale-process/feed/ 0 HAFA program http://jefftung.net/2010/09/16/hafa-program/ http://jefftung.net/2010/09/16/hafa-program/#comments Fri, 17 Sep 2010 00:31:00 +0000 Jeff Tung http://jtung.blogs.rwnetwork.com/?p=293 Have you had an experience working with a short sale?  If you did, you’ll agree that there is no guarantee that the home will be sold to you, no matter how long it takes to get an approval and how frustrating it is to not know if you are going to be able to buy the home.  Well, the HAFA program is designed to help with the frustrations homeowners, sellers, buyers, and agents experience when going through the short sale process.  This program should help speed up the process and help people but there is no guarantee.  Only time will tell.

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]]> http://jefftung.net/2010/09/16/hafa-program/feed/ 0 The best time ever to buy a home http://jefftung.net/2010/08/02/the-best-time-ever-to-buy-a-home/ http://jefftung.net/2010/08/02/the-best-time-ever-to-buy-a-home/#comments Mon, 02 Aug 2010 22:52:19 +0000 Jeff Tung http://jtung.blogs.rwnetwork.com/?p=258 Have you been thinking about when it may be the best time to purchase a property? Well, here’s 5 reasons why you might want to make that big step now. Don’t forget, real estate has cycles. We are now in a buyer’s cycle and it’s the best time to take advantage of the market place. Remember, not too long ago, the last seller’s market? Do you remember when prices went through the roof and properties were selling like hot cakes? Does multiple offers to buy a home and  bidding over the asking price sound familiar? Well, it’s better now. If you can get into a property today, you’ll be able to ride the wave of the next seller’s market.

So how are you going to get the money to take advantage of the opportunity? Unless you have lots of cash to make that purchase, you should see your banker or loan agent to see how much you can borrow. If you need to scrape up some money for a down payment, here’s 7 ways that may help. Good Luck!

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