Bank of America is making a process change that will reduce the processing time and improve customer service for HAFA Short Sales (Home Affordable Foreclosure Alternative Program) that are submitted with an…

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If you have been exposed to the Real Estate industry in almost any way, shape or form then you have for sure been exposed to the popular marketing tactic of a FREE CMA!

If you are someone that is jumping into the real estate river for the first time then this may be a new concept for you and may be something you really have no idea about.

So what exactly is a…

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This topsy turvy economy has everyone looking for ways to be a little more conscious of what they are spending and on what. So when it comes to selling your home and wanting to increase the value or overall appeal of the home, then many sellers are looking to do this fast and cheaply.

Luckily there are a few key areas of a home that buyers usually get an initial opinion…

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The internet is great for getting information quickly.  I love the fact that I can go to one of the search engines and type up a questions and get a list of responses which I can quickly look over.  However, there is so much unfiltered information out there; sometimes you become more confused about the topic after reading a lot of conflicting…

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The National Association of Realtors has reported that pending home sales have increased 5.2%, which was mostly unexpected by some due to the dramatic drop of home sales in July....

Was it that unexpected????

Not really, in my honest opinion. In our local market, we saw a gigantic increase in pending home sales during the month of March. No big surprise since buyers in most markets took advantage of the tax credit - especially at the last minute. Simply stated,…

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Has anyone worked or closed a short sale with Primary Financial Services, LLC based in Phoenix AZ? They are the collection company Wells Fargo Home Equity sells off to. I'm working a file where Wells is the 1st and PFS is the 2nd. Wells has agreed to pay 10% or $8K to PFS, but PFS wants 20% or $16K. I'm looking for a good contact to escalate to or for any ideas you may have. This is a CA purchase money deal so there is no recourse against the seller. PFS stands to lose a lot of money if this…

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Then Senate is poised to approve the ammendment and it will have to get thru the house.

I know all my short sale buyers and sellers are hoping it goes thru! I'm sure yours are too!

If passed buyers will have until Sept 30 to close escrow in order to meet the tax credit qualifications.

Here are some current comments and trends which one of an industry lead online articles inspired some thoughts and feedback which you as readers repositioning your business strategies may find insightful to current local, regional, and national market conditions that we are tracking for our clients around short sales acquisition both one off and bulk asset acquisition.…

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I have been stalled for a month on a short-sale with American Home Mortgage Corporation. On 3/26/2010, I received a voice message from the negotiator instructing me to call the general short-sale 800 number which I immediately did (the only communication I have ever received in two months from this negotiator).



The negotiator had updated the notes to the file stating the specific (higher) sales price they require and the additional requirement that the buyer pay a 1% Admin fee. I have… Continue