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Close Of Escrow in the Short Sale World Is A Squeaky Beast

by Jon Griffith April 23, 2010

When a normal real estate contract is written, the buyer requests a close of escrow date, which is typically dependent upon multiple conditions being met.  There are a lot of people involved, a lot of documents involved, and contractual time lines to follow.  Normally, that time frame is somewhere around 30 to 45 days.  In [...]

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Understanding 16 Causes of Financial Distress

by Jon Griffith December 30, 2009

It is estimated that most American Families can only maintain their current living expenses for 60 days or less when their income is interrupted for any reason. My financial counselor, Dave Ramsey, provides a 6 step plan to financial success.  The first step is to sock away $1000.00 in an account that’s very easy to [...]

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How Much Should a Short Sale Cost?

by Jon Griffith December 28, 2009

What could be worse, in times of financial hardship, than receiving news from your real estate agent that his or her services will cost you, out of pocket, before any work begins? Now that would be adding insult to injury. In a normal real estate transaction, the cost to sell a home is typically on [...]

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Five Reasons to Avoid Foreclosure

by Jon Griffith December 26, 2009

Experiencing foreclosure is an extremely emotional event in one’s life. It ranks in the top 5 most-traumatic things that can happen to an individual. The ramifications of foreclosure reach much further than most people understand. Here are the top five reasons why avoiding foreclosure is the best choice you can make: Disclosure For the rest [...]

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How do Real Estate Agents Get Paid

by Jon Griffith June 6, 2008

…and who pays them? Before I was a REALTOR, I was a consumer, and I bought a house. Fortunately for me, or maybe it wasn’t so fortunate, my REALTOR was my father. He also owned the house that I purchased. This worked both for and against me, but we won’t go into that now. The [...]

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