James "Trip" Oubre's (tripsells) Blog

So, what is a short sale, and why should I be interested?  A short sale is when a home is valued at less than what is owed on the home.  Many people are in this situation and it is not a problem, because they have no intention of moving, and can still afford to pay the mortgage.  However there ar...

So here goes my very first blog. I am the listing agent on a property that we are selling in a short sale. The home was purchased with a first and second, with the second being an ARM. After my first offer backed out due the length of time for a response I finally received an all cash offer, whi...