Since posting two months ago, our buying process of the short sale property is slowing moving forward. It is in Broward County, FL, next to Miami-Dade county. There is only one lien on the house, not multiple ones as is common in short sales. We were
Read more…Hi guys,
What do you tell homeowners when they are wondering whether to short sell their homes now or wait until it breaks even? I have my own personal opinion on this: www.seattleshortsaleblog.com
Because we are seeing a spike in appreciation rate w
Read more…Has anyone ever had USDA say that they cant do a short sale since the home had been a rental property in the past? Is there a way around this?
Read more…I have an issue with a high bank appraisal. Home will never sell at the bank's perceived value
Home is a short sale, HUD is the investor(PNC is the bank).
Bank Appraisal #1 came in high, we requested another. Bank Appraisal #2 also came in high($10k
I have a mobile home listing that I took over for a friend. We have had it on the market for about a year at the price the lender set as their lowest price they would accept in a short sale. Originally, the lender, 21st Mortgage, stated that we cou
Read more…I wasn't really aware of what it was but apparently its for people like myself who bought in 2005, got an ARM (dumb!) at a high interest rate but are current on payments - they allow you to refinance even if you are "upside down". Apparently Quicken
Read more…What's everyones thoughts on the recent MHA Servicer results through July 2011??
Read more…Second Home & PMI...
I have a short sale in Equator and GMAC is the lender. It is a second home and has PMI. My negotiator said he has to request the seller come to the closing table with $2,000 and that the PMI company may ask for much more than
Read more…In Arizona our state association (Arizona Association of Realtors; AAR) has strived to generate standard contract forms that provide consistency to business of buying and selling real estate. When the short sale of property became a significant facto
Read more…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
Read more…
**********************************
like buttons
************************