Listing Your Home For Sale With An Assumable Mortgage

When listing your house for sale, the real estate agents at Preferred Residential try to think of every little thing that sets your home apart from all the others on the market.  Is there outdoor living space with a fire pit and gas plumbed to the BBQ?  Does it have a tankless water heater?  Is […]

New HUD Short Sale Rules

The Department of Housing and Urban Development (HUD) has released a list of new rules scheduled to take effect October 1.  The intended purpose of these rules is to reduce fraud in HUD short sales and deed-in-lieu of foreclosure transactions.  One of the rules also hopes to increase the net proceeds from short sales. Currently, real […]