March 2015 Blog Posts (8)

Wisconsin February 2015 Housing Statistics

Welcome-to-Wisconsin Home Sales and Median Prices Grow in February

The Wisconsin housing statistics are in for the month of February, 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:


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The Wisconsin housing market showed…

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Added by Michael Collins, CDPE, SFR on March 25, 2015 at 6:17am — No Comments

One of my LONGEST Short Sales in many years!

Good grief!  Two notes..ok, I know it's going to be difficult, but so what?  Shorts Sales are never a slam dunk, and I've done so many now that that just didn't deter me. 

The first is with OCWEN, who have become much easier to deal with.  It's the second that have caused me problems.  Real Time…

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Added by Kimberley Kelly on March 16, 2015 at 6:20am — 1 Comment

What Is The Purpose Of An Appraisal?

What is the Purpose of an Appraisal?

 

A mortgage has many specific pieces involved in it. Obviously there is the money supplied by the lender to pay the seller for their asking price. There…

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Added by Michael Collins, CDPE, SFR on March 11, 2015 at 8:07am — No Comments

Chase short sale, FHA investor - Help!

I think Chase has gone off the rails, I have been working on this short sale since June, Chase wants appraised value, which of course if high.  The problem they are so understaffed they keep ignoring the file or kicking it out.  I have an offer in and they have turned down an offer and one has walked because of the repairs needed on the home.  I went to OPS and they told me the reason it is taking to long to respond is because each agent has over 200 files to work!  I was told by another…

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Added by Karen Curtis on March 7, 2015 at 10:37am — 1 Comment

10,000.00 incentive

is anyone aware if fannie and Freddie are giving the 10,000.00 relocation incentive

Added by Tony and Robin Pickett on March 7, 2015 at 6:56am — 1 Comment

USDA Short Sale

Any one had this happened before.  The day after closing I received a call from my seller stating USDA intercepted his tax refund?

Added by Madeline Soto on March 6, 2015 at 10:43am — No Comments

SEEKING FAMILIES IN FINANCIAL TROUBLE

Is Your Family dealing with a financial crisis?



New TV show for SPIKE TV may be able to help.



Looking for families who are living above their means , downsizing , maxed out, or facing foreclosure of home or business . 



Corporate strategist and fortune 500 Business Strategist, Victor Antonio, will meet and help families who are facing a fiscal calamity.



With a mix of expert guidance and tough love,…

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Added by Rob Marrocco Jr. on March 2, 2015 at 11:21am — 1 Comment

Cape Coral Short Sale Question: How Is Short Selling A Rental Different From Your Personal

How is the short sale process different for a homeowner versus a rental property? Is the owner of a rental property more likely to have a deficiency judgment and/or be taxed on the deficiency than a someone short selling their own home? Brett."



Here was our answer to Brett's question Yes, short selling a rental property is much different.



(The scenarios below are for a property you bought as a rental, not a property you bought to live in and then started to rent…

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Added by Donna M Bishop on March 2, 2015 at 9:21am — No Comments

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