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Glendale Short Sale Help

Glendale, California – Is your loan with a large Bank/Lender, for instance Chase, Well Fargo, Bank of America or Citibank? In contrast, these Banks/Lenders usually do not make the FINAL decision on your Glendale Short Sale.

Here are the reasons…

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Your Credit Score

When you foreclose on a home your credit will be altered for about 5+ years, to say the least. However, when you do a short sale your credit is also affected, but for a much shorter time period and less damage is done. The truth is there is no concrete answer as to how many points it will affect your score. Every person has his or her own FICO and each individual’s score will vary. What I can tell you is the late payments are typically what have the…

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The Wisconsin housing statistics are now in for June of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:…

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For the past few years, any time someone asks me what I "do" and I respond that I'm a Real Estate Broker...I get that same look and tone of voice preceeding the question "Is the market getting any better" with sympathy written all across their face.  While I certainly appreciate compassion, the truth is, as I respond..."It's been steady all along".  "The only thing constant is change"    …

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The short sale market in Winchester, VA is beginning to show signs of a  slight decline.  When the real estate market took a hit in the Fall of 2008, REOs exploded onto the…

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There are approx 7,953 homes for sale in the Las Vegas area that do not have offers on them per the local MLS.

This is for single family homes without contracts on them.

Our pendings and homes with contracts on them are approx .... 11,634

The Las Vegas area homes available for offers has continued to drop again this past month largely…

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As tax season approaches, and more importantly, the expiration of the Mortgage Debt Relief Act of 2007, it is important to review the tax consequences following a short sale.  In general, the IRS will treat any canceled…

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The short sale market in Winchester/Frederick County, VA is alive and  well.  The…

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The Mortgage Debt Relief Act of 2007 is set to expire!!

The window is closing rapidly on one of the most important tax-relief provisions enacted by Congress during the housing crisis to help financially strapped homeowners. Time is running out to Short Sale your house. Although the 2007 law that allows taxpayers to exclude from income the amount of debt that is forgiven or canceled by their lenders doesn’t expire until Dec. 31, it’s likely to take every bit of the coming months to…

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Over a year ago I had buyers interested in a short sale listed with another agent.  We submitted a strong cash offer to the listing agent and received an executed copy of the contract back.  Then we waited and waited and waited some more.  When we couldn't even get the listing agent to return phone calls the buyers decided to cancel the offer and purchase another property.

Fast forward to November 2011...I receive an email from the seller of the home my buyers canceled the…

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How clever some of these companies that keep popping up claiming to be our good buddies and stick with us throughout the transaction.

Something didn't sound right when I started questioning the guy. Sure he said he was with the National Group(s) or something. When I started to ask how they got paid he let me know that they get a 1% fee and that commissions are reduced to 5%. When I pressed about how they intend to get around Fannie Mae's guidelines that they're not allowed to reduce…

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Hello All,

I've been having a BOA Short Sale since early August and have submitted everything through AMS.  Appraisal has been done, list price has been determined, but PMI company has not approved it yet.  I've left about 10 messages for my negotiator M. Phillips with no response whatsoever. My equator emails keep bouncing back, so my hands were pretty much tied.

That's when  I took my issue to Twitter, specifically to the BofA Twitter Help Team.  I tweeted my issue and the…

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Los Angeles, CA - Chase to buy Bank of America!!!!

 

After some digging in I've been told by an Attorney who's one of several attorney's working on the buy out/merger of Bank of America with Chase! What I've been told is that out Federal Government has been strategically planning on having Chase buy Bank of America for years now! It's finally coming to life..! I've been waiting off on putting this out…

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I recieved a phone call from an old client telling me he had just learned that the court had scheduled the foreclosure auction date on his Cape Coral, FL home and his lawyer advised him to attempt to short sale the property. The auction was scheduled for just 21 days from the afternoon I received his call and my gut instinct was this was a short sale listing that I should NOT take.



The homeowner was extremely stressed and pleaded with me to take the listing, so against my better… Continue

 

According to a recent report by California based RealtyTrac, distressed properties accounted for one third of all US housing sales in the second quarter of 2011. The glut of inventory is only going to increase as lenders slowly bounce back from the robosigning crisis and foreclosure filings begin to pick up around the country. A large portion of distressed sales are…

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I am Tucson Short Sales Specialist - Rocco Racioppo and I am  available to help you Short Sale your home now.

I offer  a Free one hour consultation where we will evaluate your situation and discuss your options with you.  Most likely you will be among the millions of Americans who could benefit from my services as an experienced Tucson Short Sales Specialist.  In my almost 14 years of selling Real Estate, my experience in Tucson Short Sales began 10 years ago.  To get your home… Continue

Dear Valued Realtor:Please login to https://www.equator.com to complete a task or review a message that has been assigned to you for Short Sale processing. To reply or contact Wells Fargo via email, please log in and go to the Messages section. Thank you for your cooperation.

The message above was sent to me via Equator so that I could complete a task.  I've gotten a ton of messages from Equator from the good folks at Wells…

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