If you start receiving spouse's benefits at age 62, your monthly benefit amount is reduced to about 32.5 percent of the amount your spouse would receive if their benefits started at full retirement age. 67 is 50 percent (the maximum benefit amount). Age To Receive Full Social Security Benefits.
If there are many foreclosure homes available at one time, a buyer's market may form, resulting in lower sale prices. In 2013, foreclosed California homes spent about 34 months or nearly three years in shadow inventory before they were sold, according to the Inman News real estate website.
Typically, the buyer has a week or two to do the inspection and a few weeks to get an appraisal and loan. During this period, the seller canât enter into an agreement with another buyer, even though the sale hasnât closed. This means another interested buyer could make a âback-upâ offer. That way, if the first offer collapses, the seller has a back-up offer ready to go. A True Home, Pending Sale. A pending sale has had all contingencies removed.