Miss Out On A Fannie Mae Short Sale? Just Wait Two Weeks! Over the past two months, I've noticed a trend with failed Fannie Mae short sales in the Arizona pre foreclosure market. We've had at least 5 cases where our buyers lost short sales because Fannie refused to extend the foreclosure dates.
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09/27/2010
Making Sense Of The Mortgage Crisis-How The FDIC Loss Share Program Is Hurting Homeowners In September/2009 I wrote a blog titled "Is The FDIC Killing IndyMac OneWest Bank Short Sales & Loan Modifications?". In February/2010, the folks at TBWS used this blog to create a video that ending up going
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09/23/2010
OneWest Short Sale Dept Gets Caught In A Lie-In Writing Today, we once again caught OneWest in a lie, but this time they screwed up and put it in an email to us. Let me explain what happened. We turned in a short sale package on August 16, 2010. First, they told us that they couldn't accept the
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09/21/2010
Kierland Homes Monthly Real Estate Report-August 2010 Kierland is an amazing area, located in the "magical"85254 Zip Code of Scottsdale, AZ. Because 85254 is home to what many consider to be the best school districts in Arizona (Scottsdale Unified School District & Paradise Valley Unified Schoo
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09/20/2010
McCormick Ranch Homes Monthly Real Estate Report-August 2010 McCormick Ranch is what I like to call "Classic Scottsdale", located in the 85258 Zip Code. Because 85258 is home to what many consider to be the best school district in Arizona (Scottsdale Unified School District), and offers such amaz
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09/20/2010
Wells Fargo Decides To Play Hardball On Short Sales I just received a very disturbing email from a local mortgage broker here in Phoenix. If any of your clients is in the Arizona pre foreclosure process with Wells Fargo, you'll need to read this. I'll start of by saying that I have not been able
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09/15/2010
I think Elizabeth did a wonderful job of explaining what goes through the sellers' minds when going through the short sale process. I wish that all short sale buyers and their agents could read this, before walking away from a deal...Everybody talks about how hard it is for a buyer to wait for s
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09/13/2010
Arizona Pre Foreclosure Options If you are an Arizona homeowner in the pre foreclosure process, you are not alone. According to a recent study by Zillow, two-thirds of homeowners in Arizona owe more on their homes than what they are worth. In addition, the Mortgage Bankers Association recentl
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09/12/2010
Arcadia Phoenix 2+ Acres With 4 Rental Homes! Overview Maps Photos $1,100,000 Lots and Land Main Features 4 UnitsLot: 91,040 sqft Location 5611 E Camelback Rd 6Phoenix, AZ 85018USA To get updates on open home dates and other property events, please click the "Like" button below: Bob Hertzog Summ
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09/11/2010
Paradise Valley School District Continues To Excel! As a third-generation Phoenician/Real Estate Broker, and the father of two children who attend schools in the nearby Scottsdale School District (officially known as the Scottsdale Unified School District), I feel fairly qualified to answer. 1.
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09/08/2010