Added by Bion Grady on November 29, 2010 at 11:03am — No Comments
Short Sales in Walla Walla, Washington 99362. Preferred Properties Land and Homes has 4 new Short Sale listings that were added to our office inventory this past week. From $80,000 to $225,000
we have a nice selection. Preferred Properties. . .Your Certified
Short Sale Specialists.
3 Bedroom, 1 Bath for $80,000 located…Continue
Added by Trisha Bush on November 27, 2010 at 8:00pm — No Comments
Well....after all of the hoopla from last month's report that Wells Fargo will no longer postpone foreclosures on short sales, NAR reports that they've been in meetings with Wells (and several other large lenders) to address concerns regarding their short sale processes and REO disposition processes. Now, Wells is reporting that they WILL allow one (1) foreclosure postponement on a short sale if the following conditions are met...
1) Wells Fargo has an APPROVED short sale…Continue
Quick! A potential short sale seller calls you to list his property. What questions do you ask? Here are a few to start the conversation....…Continue
Added by Wendy Rulnick on November 22, 2010 at 3:56pm — No Comments
Added by Bion Grady on November 22, 2010 at 6:04am — No Comments
Sometimes you only hear the end result of a short sale being approved. Here is the background story of a Bank of America - Destin Florida short sale approval:
Sept 2 - I list a Destin short sale home for $237,900 - difficult to price, with some pending comparable sales higher,…Continue
Added by Wendy Rulnick on November 18, 2010 at 4:39pm — No Comments
What to do right now if you are facing foreclosure of your Kansas City home. Having assisted numerous individuals and families facing the foreclosure of their Kansas City homes, for both Kansas and Missouri, I have witnessed first hand the need for educating the public as to foreclosures and short sales during what is a difficult and emotional time.
As we continue to hear in the media,…
Added by Suzanne Hinton on November 17, 2010 at 4:30pm — No Comments
This property at 310 Evergreen, Mary Esther Florida was just approved as a VA Compromise Short Sale.
Senior Lien: JP Mortgage Chase, loan type - VA…
Added by Wendy Rulnick on November 17, 2010 at 4:14pm — No Comments
Added by Bryant Tutas on November 17, 2010 at 6:30am — No Comments
You may have been reading about Bank of America short sale approval letters and some changes that have occurred. The Bank of America Short Sale Approval Letter has had various versions dealing with deficiency of the promissory note. This article will look at the BoA short sale letter recent changes.
History - Before June 2009
Until June 2009 the typical Bank of America short sale approval letter was not a release of mortgage and a release of…Continue
One of my Crestview Florida short sale sellers just emailed me:
“My wife and I…Continue
Added by Bion Grady on November 16, 2010 at 7:58am — No Comments
I was having trouble with Indymac. First it was sending and resending ALL of the documents for the short sale. After 4 events of this, they finally said they have them. I started sending them the documents on October 4th. On November 4th, they said they have them. Then they decided to play legal counsel. They started with, we want the state of Minnesota added to all of the pages, we did. That change was made and after getting ahold of the seller who was out of…Continue
Added by Keith Maahs on November 15, 2010 at 3:07pm — No Comments
Added by Bion Grady on November 15, 2010 at 8:30am — No Comments
Added by Mellanda Reese on November 15, 2010 at 8:00am — No Comments
So you've probably heard that Freddie Mac is once again asking for federal aid. They showed a $4.1 billion loss in the third quarter and are now requesting another $100 million in aid. All told, it's estimated that the bailouts will cost taxpayers $259 billion.
As an agent that focuses largely on short sales, I continually see the ways that Freddie Mac gets in their own way. They are asking for this aid, but they have put themselves i nto the situation that…Continue
Added by VIctor T. Gurrola on November 12, 2010 at 3:25pm — No Comments