Category Archives: selling

Foreclosure or Bankruptcy—Which Option is Worse?

Foreclosure and bankruptcy are both daunting—often the last straw after a long financial struggle. When considering your options, it is important to compare the eventualities and weigh the effects carefully. While both will cause undoubted credit score damage, minimizing the fallout is critical. Despite your current situation, avoid giving in to complacency. Include long-term credit repair as a factor in your decision.

Foreclosure and bankruptcy carry different levels of urgency. Depending on your circumstances, one may be a better fit when compared with the other. For example, what is the status of your mortgage? Have you only missed one payment, or has your situation progressed past the 90-day mark? Depending on the answer, you lender may be willing to help. Before taking any action, contact the bank and explain the circumstances. If your money troubles are temporary, ask for a forbearance period or other option to reestablish your financial stability. Consider taking on a renter to aid you in this goal. If your troubles are more permanent, however, bankruptcy could be your last option.

Edenfield Investments can help you as you work on repairing your credit.
www.edenfieldinvestments.com

Median price of an existing single family home rose in June

The median price of an existing single family home rose in June to the highest level since almost four years, the fifth straight month-month gain, the National Association of Realtors (NAR) reported Thursday…

http://www.dsnews.com/articles/existing-home-sales-drop-in-june-to-8-month-low-4th-decline-5-months-prices-up-again-2012-07-19

Check out our new VIP.EdenfieldInvestments.com site… for VIP buyers

The housing market has turned—at last

Wall Street Journal says… The housing market has turned—at last. The U.S. finally has moved beyond attention-grabbing predictions from housing “experts” that housing is bottoming. The numbers are now convincing.

Nearly seven years after the housing bubble burst, most indexes of house prices are bending up. “We finally saw some rising home prices,” S&P’s David Blitzer said a few weeks ago as he reported the first monthly increase in the slow-moving S&P/Case-Shiller house-price data after seven months of declines.

http://online.wsj.com/article/SB10001424052702303644004577520414196790098.html

Check out our new VIP.EdenfieldInvestments.com site… for VIP buyers

Selling your home FAST and for a GREAT PRICE

Selling your home? We have a list of tips to help you sell it fast and get a great price. Dial the number below for a recorded message or you can receive the information automatically via fax.

Dial 1-720-963-6119 and enter the EXT number listed below for each report

EXT 194 – 11 Tips To Sell Your Home For Top Dollar
EXT 195 – 14 Repairs To Make Before Selling Your Home
EXT 196 – 5 Ideas To Help Sell Your Home In Record Time
EXT 197 – Ideas To Make Your Home More Attractive
EXT 198 – Great Idea To Get The Best Price For Your Home
EXT 199 – 15 Suggestions To Consider When Selling Your Home