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Insurance

Written by Sylvia on April 24, 2010 - 0 Comments
Categories: Real Estate Lingo

An insurance policy on your home can cover such losses as fire or lightning, explosions, aircraft, smoke, falling objects, freezing or plumbing, heating, air conditioning or other such household systems, earthquake, windstorm or hail, riot or civil commotion, vehicles, theft or vandalism, weight of ice, snow or sleet, flood, sewer back up. There is no [...]

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What is a Short Sale?

Written by Sylvia on March 31, 2010 - 1 Comment
Categories: Lake Ray Hubbard Housing, Real Estate Advice, Real Estate Lingo

It is not uncommon to hear the term Short Sale in the Lake Ray Hubbard Area, but what is a Short Sale?  A Short Sale is simply when the Seller owes more on the property that the property is worth and the bank agrees to take less (or short) what is owed on the property. [...]

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