Added by Bion Grady on January 31, 2011 at 8:14am — No Comments
Added by Bion Grady on January 29, 2011 at 6:04am — No Comments
Added by Bion Grady on January 27, 2011 at 7:54am — No Comments
Added by Bion Grady on January 26, 2011 at 3:43pm — No Comments
I received this article through the Florida Association of Realtors(r) newsletter today. It will interesting to see how this plays out.Investors allege massive fraud by Countrywide NEW YORK – Jan. 26, 2011 –
A lawsuit alleges Countrywide Financial Corp. and two of its former executives misled institutional investors who were stuck with huge losses from mortgage-related investments that they say were portrayed as…Continue
Added by Dottie Klein on January 26, 2011 at 10:00am — No Comments
I have a short sale selling homeowner who finds himself an involuntary guest of the state. Looks like he may be there for the foreseeable future, likely to be years not months. He has a conventional FNMA mortgage (and a second mortgage), both with First Franklin.
I anticipate and can handle the logistic complications of getting docs signed, etc. but wonder if anyone has had a similar experience with a locked up-seller. What, if any, impact would that key fact have on the…Continue
Added by Mike Sher on January 25, 2011 at 1:59pm — No Comments
Glendale, CA Real Estate – Jennifer Escobar a Realtor at Qwest Real Estate recently received a question from Luis.…Continue
Added by Jennifer Escobar on January 20, 2011 at 6:30pm — No Comments
New to this site but so glad that I found it. I only have a 1st with them and have an agent who is going to do an auction for us to get an offer asap to get it into LBPS. My question is anyone out there who has dealt with them and how to go about getting it done quicker rather than having it sit there for 4 or 5 or 6 mths? I know I am in the same boat as millions of other but I also know I can do things to improve my results. Anyone out there know of great people to work…Continue
Birmingham MI Short sale tip #59, "What do you mean I still owe money?"Mike Sher (248) 644-4700 x242 Max Broock Realtors Certified Distress Property Expert
Often Short Sale sellers are told that in a Short Sale you will not have to pay the bank back any money. Some times that is true and sometimes it is not. Remember when you got the loan you signed both a mortgage and a note. The…Continue
Added by Mike Sher on January 20, 2011 at 7:40am — No Comments
The other day an agent asked if she could have my “flight plan” to do a short sale. Per Wikipedia, a flight plan is a pilot’s outline of how he will get to his destination, including departure and arrival points, estimated time, alternate airports in case of bad weather, type of flight,…Continue
Added by Wendy Rulnick on January 17, 2011 at 3:30pm — No Comments
Just an FYI. I faxed an LOA into the two numbers listed at the beginning of the Citi section 866-989-2088/2089 and when I called in they have no record and say that is not the fax number.
The SS dept gave me the fax number of 866-641-4350 as the best fax number for LOA and ALL other SS documents.
According to the Distressed Property Institute, more than 80 percent of distressed homeowners who go into foreclosure have never contacted their lender or a real estate professional for help. That’s a staggering number when help and relief are available.
Without fail, our phone rings off the hook near the end of every month from desperate homeowners looking for help. After checking the local foreclosure lists, we often find that the house is already scheduled…
Added by Tom Branch, CDPE, SFR on January 16, 2011 at 10:35am — No Comments
I need an agent that handles the Sacramento and/or Roseville area in California.
My Niece and her Fiance are moving there and will be in the area this weekend.
They are looking for a House or townhouse with 2 or more bedrooms.
If you are interested, please let me know ASAP.
PS-I apologize if I posted this in the incorrect area, I wasn't sure.
It's one thing to list a short sale and then hand it off to a negotiation company. It's another to handle it yourself, keep your Seller and also Buyer's agent updated weekly, and then follow it through to a successful CLOSE! I can do that for you!
To view my current listings and their status for the first quarter of 2011, please visit my…Continue
Added by Kimberley Kelly on January 14, 2011 at 7:57am — No Comments
Homebuyer Tax Relief Bill Passes Legislature on last day of 2010 Session MAR-supported legislation to allow foreclosed properties to retain their principal residence exemption for a period of up to 3 years has passed both the House and Senate, and is expected to be signed by the Governor in the coming days.
Senate Bill 77 provides for much needed Principal Residence status and tax relief to purchasers of bank-owned properties after the May 1st filing…Continue
Added by Missy Caulk on January 13, 2011 at 10:19am — No Comments