Did you know that...
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When swapping existing mortgages will be paid off at closing. Since property swap involves party A buying a property from party B party A's mortgage will be paid off from party B's proceeds, while party B's mortgage will be paid off from party A's proceeds. Because most transactions are financed actual funds are coming from the mortgage companies, plus equity that either party had, (if any).
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Do you have a loan? No problem, you can still swap as long as you qualify for a new loan. Swapping works as simple as "I buy yours if you buy mine." read more...
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One of the biggest advantages of trading properties versus selling in a declining market is value preservation. Both parties in a trade can agree on the property values they are comfortable with, and not the values dictated by foreclosures and short sales in the area. More info at How to swap...

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When trading real estate owners pay off the mortgage on their existing home and obtain new financing on the new home - all on the same day via simultaneous closing. More info at How to swap...

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House swappers can potentially save $5,000 on real estate commission for each $100,000 in trade value. So, if both parties swapped their $300K homes, the total savings would be $30,000 (or $15,000 per side assuming a typical 5% commission). More info at How to swap...

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Trading houses actually makes it easier for borrowers to qualify for a new mortgage on the property they are buying because mortgage on the current house is paid off when they trade. More info at How to swap...
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Owners do not have to have their properties paid off in order to be able to swap, contrary to popular belief. However, owner will have to be able to qualify for a new loan on the property they are swapping for. More info at How to swap...
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Our Facebook listings syndication sampleAs of late 2008, after enactment of the new Buy and Bail law, it is becoming less effective to advertise a property for sale, except if:
So, do signup today... Get offers, Have options!Need more persuasion? Browse through most wanted or completed trades.Otherwise, I give up... *We make a diligent effort to submit all standard 1-year listings in GoSwap.org real estate categories to about 20 sites from the listing aggregators list above and provide sellers with additional listing linking widgets and tools to submit to other sites. However, some of these partner sites may decline certain listings because of extraneous characters found in listing fields or missing information. So to increase the chances of successful syndication, post a standard 1-year listing with images and do not use characters "&, %, *, /, #, $" or HTML in the address, city, lot, size, or year built fields. |



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