Monthly Archives: April 2020

My Home Was Foreclosed On

Posted by Shawn Simpson // April 29, 2020

My home was foreclosed on. I received notice of foreclosure from my lender. First, they sent a notice stating that my payment(s) were late. Then they started calling warning about foreclosure if I didn’t bring things current. My home was foreclosed on. Can I remain in my home after it sold at a foreclosure sale? The […]

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Should You Buy a Foreclosed Home?

Posted by Shawn Simpson // April 22, 2020

Are you looking to buy a home to live in, rent out for income, or flip and sell? You may come across a foreclosed home or REO property in Omaha for sale. But is it a good idea? Should you buy a foreclosed home? According to A Million Acres, “After a homeowner fails to make payments, a bank forces the sale of […]

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Selling Rental Property That Was Primary Residence

Posted by Shawn Simpson // April 15, 2020

Selling rental property that was primary residence is a common problem for ex-pats. For example, you own a house in Omaha but have decided to move to San Miguel de Allende, Mexico. When you get to Mexico, you fall in love with the city, the culture, the people, the food, and the weather. Compared to […]

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How Long Does Probate Take

Posted by Shawn Simpson // April 8, 2020

You know, when you inherit a house, you hear that it has to go through probate. You start thinking about how much you will inherit, what you can do with that money, and you ask, “How long does probate take?” A typical probate process will take up to 24 months from the date of the decedent’s death. However, in […]

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Rent or Sell House

Posted by Shawn Simpson // April 1, 2020

Rent or sell house? Somehow you ended up with two homes. Is selling one always the best option, or would it be more lucrative to retain the property and rent it out instead? Rent or Sell House When renting your property, a tenant will live in your home and pay you rent, which will go […]

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