Differences Between FHA and Conventional Mortgages
Across the land the vast majority of home buyers use either a FHA or a conventional mortgage to purchase a property.…Continue
Added by Michael Collins, CDPE, SFR on July 31, 2012 at 2:08pm — No Comments
Who has experience asking and getting ING DIRECT in DE to increase the agent commission to 6%? What needs to be done in order to get them off their stated $35,000 max. commission payment? Please help.
Also, can a non-CA Lender ask that the Buyer use an out of state (in PA) escrow agent? What are the Seller's rights if any here?
Thank you. HELP!
Added by VIVIAN Q. LE on July 31, 2012 at 12:42pm — No Comments
Call Carl SanFilippo toll FREE (888) 445-8880 for a FREE phone consultation!!!
It is very crucial for you to prove to your lender that you are now back on your feet and will be able to stay consistent with your mortgage payments as well as begin to pay back the unpaid amount. Your lender may request that you repay the missed payments over the timeframe of six to twelve months. If you have found yourself to be in this particular circumstance, please know that you do have…Continue
Added by Carl SanFilippo on July 30, 2012 at 4:11pm — No Comments
I listed a short sale with 2 loans serviced by Chase. CLTV is LESS that 50% of market value. Submitted a CASH buyer and assigned a negotiator in less than 3 weeks. Today, he is submitting my package to the investor.
We'll see...NOD in May 2012 but nothing posted in public record. Negotiating to include payoff to release an abstract of judgement from a deceased husband over a year ago.
Scheduled to close AUGUST 30.
Flagstar is denying one of my files saying that my home owner can afford the home and they will not do a short sale. His only option is to pay off the home in full. Has anyone experienced this before? He has not missed a payment yet either. Does he have to miss a payment before he does the short sale? If you have experienced this with Flagstar please let me know. I have closed a few short sales with them already so this is a first for me as far as completely being turned down to do a…Continue
In Santa Clara from Jan 1, 2012 until June 30, 2012 there were:
97 closed short sales
47 closed bank owned homes
Total sales during this time period were 491
Total % Short Sales:…Continue
Added by Marcy Moyer on July 30, 2012 at 1:12pm — No Comments
Understanding Specific Requirements of Appraisal for FHA Loans in Wisconsin
The all-time low mortgage rates combined with…Continue
Added by Michael Collins, CDPE, SFR on July 30, 2012 at 10:50am — No Comments
Has anyone in Calif. done a short sale with Cal HFA? If so, any tips on how to get the process streamlined? I have a trustee sale date in 14 days and just got an offer to send today.
Keller Williams Realty, Elk Grove, Ca.
In Mountain View from Jan 1, 2012 until June 30, 2012 there were:
16 closed short sales
22 closed bank owned homes
Total sales during this time period were 349
Total % Short Sales:…Continue
Added by Marcy Moyer on July 30, 2012 at 9:14am — No Comments
Thanks For Helping Us Make…Continue
Added by Bryant Tutas on July 29, 2012 at 5:00am — No Comments
Submitted an offer under pressure from my Buyer. I knew the Agent had never done a Short Sale, but I spoke with him and he seemed amenable to trying to work with me to…Continue
Added by Kimberley Kelly on July 28, 2012 at 11:10am — No Comments
Added by Carl SanFilippo on July 28, 2012 at 9:37am — No Comments
CALL CARL SANFILIPPO TOLL FREE (888) 445-8880 FOR A FREE PHONE CONSULTATION. Every homeowner in Lehigh Valley should be educated on their options to avoid a foreclosure in Lehigh Valley. Many options are available in Lehigh Valley to distressed homeowners however; short sales are becoming…Continue
Added by Carl SanFilippo on July 26, 2012 at 11:00am — No Comments
May 2012 Could Signal a Turn Around for Housing Market
There is some hope for the real estate market. According to a report published by the Commerce Department the number of homes purchased in May of 2012 was the highest number in over two years. The number of purchases increased from…
Added by Michael Collins, CDPE, SFR on July 26, 2012 at 8:12am — No Comments
FOR IMMEDIATE RELEASE:
Michael Collins Earns NAR Broker Price Opinion Resource Certification
Sellers and Lenders Benefit from REALTOR® Expertise in Broker Price Opinions
Madison, WI — Michael Collins with Rock Realty has earned the nationally recognized Broker Price Opinion Resource certification. The National…Continue
Added by Michael Collins, CDPE, SFR on July 26, 2012 at 7:17am — No Comments
I am representing the buyer on a Short Sale purchase the Lender is BOA. We got a clear to close last Friday only for the listing agent to tell me He has been trying to get a lien approved for the Hud and his side can't close until that happens. He has negotiated the lien but BOA hasn't approved it for the hud. Also that he found out at the last minute because his seller never disclosed she had a HOA Lien outstanding. How can help him get this file "escalated"? My buyer is nervous and…Continue
Call Carl SanFilippo (888) 445-8880 for a FREE Phone Consultation
It’s no secret the housing market in New Jersey has plunged in recent years and selling a home in New Jersey seems like an almost impossible task. The number of New Jersey short sales have spiked in these years as well. Homeowners in New Jersey have waited months, and some, even years to get out from under their homes. For the homeowner who is looking to sell whether…Continue
Added by Carl SanFilippo on July 24, 2012 at 7:24am — No Comments
Full Article at: www.seattleshortsaleblog.com
Our team of agents at Seattleshortsaleblog has been extremely successful with short sales for many years now and pinpointing the key attributes that has contributed to our success is quite apparent once you meet our negotiators. As emphasized before in our previous…Continue
Added by Peter J Kim on July 23, 2012 at 2:48pm — No Comments
CALL CARL SANFILIPPO TOLL FREE (888) 445-8880 FOR A FREE PHONE CONSULTATION
A New Jersey short saleis one of the alternatives to avoid foreclosure that a home owner can choose. It has its pros and cons, but some experts tend to think the benefits of a short sale…Continue
Added by Carl SanFilippo on July 23, 2012 at 1:00pm — No Comments