I get this question a lot – especially with the media throwing around these terms almost interchangeably, it’s hard to know what each one means, and how they relate to each other. What’s the difference between a short sale, an REO and a foreclosure: Did that answer the question for you? Have more questions? Just […]
The peak (aka over-inflated value) market was in the Spring of 2006. Any appraisals done that year were a paper value, not a real value. To put it another way, while your home appraised for $240 in 2006, the likelihood of it selling at that time for that amount was essentially non-existent as sales came to a screeching halt that year.
Stop Foreclosure on your home in North Idaho. If your home is in Coeur d’Alene, Post Falls, Rathdrum,Hayden or Hauser you can stop the foreclosure. Watch the video as I explain how foreclosures work in Idaho and what your options are. At the end of the video, you’ll have the opportunity to get immediate access […]