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Call Marshall Walker and his team of professionals for a consultation on your situation - We have had continued success in closing short sales by working together with the homeowner, the lender and the homeowners attorney to help our clients succeed in a difficult situation.

Hear it from our clients!

Sandy and Kevin Beauchesne - August 26, 2009

My husband and I are so appreciative to Marshall for all he did for us. We were stuck in a home we could not afford, in less than 24 hours from our first phone call, he was in our home with a solution. He and his team found a great buyer for our home during the first open house. We had a contract in less than 30 days from listing and we couldn...

Kyle Ingebritson - August 25, 2009

I had the pleasure of working with Marshall on a short sale potential forclosure. When I first spoke with Marshall I was frustrated and tired of being ignored by my mortgage companyl. After our first conversation I immediately felt a sense of reassurance and confidence. Although the entire process was long; we closed on the property with nearly all of my request achieved. I was extremely fortunate to have found and worked with Marshall. Both Marshall and his team off associates were very professional and timely. I would strongly recommend Marshall to anyone who is going through a real estate issue in the charleston area and would be happy to personall...

I have compiled a PDF document with information that is imperative for Home buyers, sellers and agents need to know prior to proceeding with any short sale. Please note this is informational and not intended to replace the advice of an attorney or tax attorney.

If you are thinking of buying or selling a short sale please call Marshall Walker for assistance! 843-532-3214

Please CLICK HERE FOR LINK TO HOSTED PDF DOCUMENT

To Use The $8,000 First-Time Home Buyer Tax Credit Program, There's Now Just 6 Weeks To Find A Home

If you plan to use the First-Time Home Buyer Tax Credit program, time is running out.  The program expires November 30, 2009 and closing on a home can take up to 60 days.

That leaves you 6 weeks from today to find a home and go under contract.

The First-Time Homebuyer Tax Credit program was passed as part of the 2009 economic stimulus plan. It credits up to $8,000 in tax payments to qualified buyers.

The qualification criteria are as follows:

• Buyer may not have owned a "main home" in the past 36 months
• The home may not be purchased from a parent, spouse, or child
• Adjusted gross i...

As a follow up to a previous blog regarding short sale scams Fannie Mae has issues this article on what to watch for and are now calling it Mortgage fraud!! watch Out!!

Click here for PDF article

Price has just been reduced on this Duplex near the beach (3rd Street from Beach) and 2nd block from center Street. Fabulous Location! Current configuration is 2 bedroom and 1 bath on each level. The is a flag lot which extends street to street and affords lots of parking options! Excellent opportunity to use as an investment property with short or long term rental or renovate back to single family. Possibilities also include tearing down and building a dream home......

I found this article on a real estate law blog that I wanted to share - this is good info but please consult an attorney before taking any action based on this article - call me if I can help or refer you to a good local attorney! Marshall 843-532-3214

CLICK HERE TO READ BANKRUPTCY ARTICLE

1)  No Employment Seasoning for W-2 salaried and Full-Time Hourly Employees
        a)  Only count base pay, no overtime/commissions/bonus income
        b)  Need only two current pay stubs
        c)  New job can be in a different field/career than prior job

2)  Second/Vacation Homes Up To 80% LTV/CLTV
        a)  Maximum loan amount on first mortgage is $500K (dependent on credit score)
        b)  Maximum loan amount on second mortgage is $100K (dependent on credit score)
        c)  Total U.S. Bank CFD loans/lines can not exceed $500K
        d)  Not available in Tier-1 states

3)  Manufactured Double-Wide Homes Up TO 80% LTV
        a)  680-mid for all borrowers
        b) Maximum loa...

If a buyer wants to purchase a condo one must first find out what type of financing one has an approval for. If you are approved for FHA or FHA/SC State Housing then there are only 18 FHA approved condos in Charleston (you can check other Cities by searching here https://entp.hud.gov/idapp/html/condo1.cfm )

Dan Buts Weekly Mortgage Update

Click here to view!

Chain-of-Title: A chain-of-title is required covering the preceding 12-month period. The property seller must have been the "owner-ofrecord"
for at least the preceding 90 days in order to be eligible for FHA-financing. Properties that have transferred ownership within
the preceding 91-180 day period may require a second appraisal report. If the current re-sale price of the property exceeds the previous
sales price by more than 100%, a second appraisal report is required to support the current transaction value and may require additional
documentation such as improvements to the property, etc. The cost of the additional appraisal report cannot be borne by the borrower.
The following catego...