Michael Isaacs

Fairway Independent Mortgage Corporation

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What Is A Short Sale?

January 9, 2020 by Michael Isaacs

Nobody enters into a mortgage assuming they are going to fall short on their payments; however, life happens and borrowers might need a way out. In serious situations, lenders may elect to foreclose on homeowners who are unable to make their mortgage payments. Fortunately, there might be another way out. This is called a short sale.

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Filed Under: Real Estate Tagged With: Market Trends, Real Estate, Short Sale

How To Buy A Bargain Home As A Short Sale

June 13, 2019 by Michael Isaacs

A short sale is when the mortgage lender(s) agrees to sell the property for a lower amount than the loan-balance remaining.

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Filed Under: Real Estate Tagged With: Financing, Real Estate, Short Sale

Differences Between A Short Sale And A Foreclosure

February 5, 2019 by Michael Isaacs

If you're looking to get an untraditional deal on a new home purchase, you may encounter either a short sale or a foreclosure. These two terms refer to sales that are not usual. As a homebuyer, it's important to understand the differences between them and how each one might affect your buying experience.

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Filed Under: Real Estate Tagged With: Foreclosure, Real Estate, Short Sale

3 Critical Tips for Buying a Home in a Short Sale

November 21, 2018 by Michael Isaacs

You just found your perfect home, and you feel like everything is right including the price. But, what could be wrong with your ideal home? Maybe, it is being sold as a short sale, and that could present a major challenge if you want to become be the eventual homeowner.

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Filed Under: Real Estate Tagged With: Pre-Approval, Real Estate, Short Sale

Is Buying A Short Sale Right For You?

June 15, 2018 by Michael Isaacs

If you have been looking for a new home, and you find one offered under a short sale, this may be to your advantage. While some buyers are wary about buying a home that needs to be sold with the approval of the lender, it's a great way to get a bargain on a home that you love.

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Filed Under: Real Estate Tagged With: Pre-Approval, Real Estate, Short Sale

What You Need To Know About Short Sales

June 6, 2018 by Michael Isaacs

On the surface, a short sale seems like the perfect deal. However, before you take the plunge, you need to understand how this type of home purchase works.

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Filed Under: Mortgage Tagged With: Mortgage, Pre-Approval, Short Sale

Michael Isaacs

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Branch Manager and Mortgage Loan Originator

NMLS #26591 • AZ License #BK-0904162
Licensed in: AZ, CA, CT, FL, IL, KS, KY, ME, MD, MO, NH, NJ, OH, PA, TN, VA.
State Disclosures: http://bit.ly/FIMCDisclosures

Direct: 614.383.7341
Office: 614.383.7341
Mobile: 614.361.7558
eFax: 866.367.2659
Michael.isaacs@fairwaymc.com
4215 Worth Avenue, Suite 220, Columbus, OH 43219
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