short sale: Buyers: Definition of Short Sale is NOT offer "Short" of Listed Price and expect to get an approval! - 11/09/09 02:28 PM
Low List vs Property Value vs Reality plus the waiting game is what a short sale is all about?
Let me just let you know that agents usually list short sale properties - low - in order to get some attention to that property. They do not list low necessarily because there is … (2 comments)
|
short sale: Short Sale Automation... does it mean FAST, SMOOTH and BENIFICAL or / how will it play out? - 11/07/09 07:24 PM
So how can the Short Sale process change where it really will help? I will admit Short Sale Automation does sound good!!! I can't wait to see it work.
After reading that REOTrans has first changed their name and secondly and probably most important: they are taking on automating Short Sale … (2 comments)
|
short sale: Need more information on avoid a foreclosure? ....Take in a Local Workshop - 11/07/09 06:40 PM
How to avoid Foreclosure Workshops - connect with your local community services and learn as much as you can about how to avoid foreclosure. Make sure it is FREE and that you do not pay out of pocket for a FREE service!
There are still so many homeowners/borrowers that do not … (0 comments)
|
short sale: Late Paying Borrowers ~ get your documents together FIRST... message from Freddie Mae (youTube style) .. click in - 11/07/09 05:37 PM
Isn't it funny how we didn't hear much from Fannie Mae, Freddie Mac and even HUD during the 2004-early 2007 - and now they are in the headlines almost daily! Folks, they are here to stay this time.....youTube style! Click in on it and see how the information can be useful.
… (2 comments)
|
short sale: Helping you Avoid Foreclosure: Fannie Mae adds another Avenue/Option for homeowners - 11/06/09 04:43 PM
Fannie Mae offers - Deed for Lease Program instead of immediate foreclosure. this is another option rather than foreclosure or Short Sale.
If you do not qualify for a loan modification or have failed a loan modification plan you may be in luck to get in this Fannie Mae Deed for … (0 comments)
|
short sale: Bank Owned / REO & Earnest Money ~ new twist! - 11/06/09 01:02 PM
Dear Listing agents:
Can one of you please explain to me why it is necessary to have the buyer bring the earnest money deposit to you PRIOR to placing the offer? Is this a way to tie up the buyer's money, with a strong probility that their offer will not be … (8 comments)
|
short sale: CIT and Bankruptcy are now in a relationship! or... another one bits the dust! - 11/02/09 01:38 AM
News release: CIT has filed for bankruptcy. OK this might not be a surprise, but has anyone figured out what they did with the $$$$ Millions they got just a few months ago. Did they too get bonuses all distributed and spent and then went into bankruptcy?
Now what about all … (6 comments)
|
short sale: Short Sales: Borrower(s) Are you ready? .....Answers/items to have for your agent - 10/29/09 07:43 PM
If you feel you may be in need of a short sale, you should do your homework on what you will need to have to provide to the agent. ADVICE: Choose an agent that knows how Short Sales work, have experience with short sales and is willing to do a short … (4 comments)
|
short sale: Short Sale Approvals: Wiliness, Procedures, Attitude, Customer Service Varies - bottomline... it is still better for the borrower - 10/29/09 06:27 PM
The majority of the bank/lenders have pre-determined criteria for submitting a short sale. I am still not convenience that they all have pre-determined criteria for short sale approval. Most are willing to entertain a short sale approval or at least will take the time to make it seem that the file … (3 comments)
|
short sale: Short Sale Approvals: Are we moving forward? - 10/29/09 05:23 PM
This may be a good time to take a review of where short sales are now, with only 2 more months left in 2009.
The Short Sale is still the most economical solution to avoid a possible foreclosure. This does not mean it is the easiest. It does not mean … (2 comments)
|
short sale: Short Sale: Homeowner's be accessible to your agent! - 10/20/09 07:53 AM
If you want me to Short Sale your property... please be accessible! Don't get lost where even I can't find you!
Homeowners, we know that being up side down with your property is stressful. We are sensitive to what you and your family is going through. We are here to help. … (2 comments)
|
short sale: Short Sale - Hardship letter (sample) - 10/20/09 07:23 AM
THIS IS A SAMPLE HARDSHIP LETTER: There are several hardships that homeowners are running into. Probably no two homeowners have the very same hardship or events leading up to that hardship. Hopefully this sample will fit your needs as a sample and a way to get started writing your hardship … (2 comments)
|
short sale: Illusion/Mirage/Common Sense or Just Talk? - 10/20/09 06:47 AM
Here is some of the buz talk that is still going on and probably will be around for a long while. What do you think? Illusion, Mirage, Common Sense or Just Talk?
Add to the list. ....
Rosemary Brooks, Short Sale / REO Specialist - the Mother and Daughter … (0 comments)
|
short sale: How good is the communication? - 08/22/09 10:10 PM
Agent completed the hard part of the short sale: getting the property listed and aggressive marketing to obtain offers. Submitted the offer to the homeowner/seller, did your report and included all the information and documents required plus your own twist to the presentation. Now you fax it in or fed exp … (6 comments)
|
short sale: Short Sale Offer is too low......it is the agent's job to round file it or present it? - 08/22/09 09:43 PM
Nothing new about getting low ball offers. After all that is the nature of beast -- to get a deal - right? But the big question here is what is right for the agent to do? Should the agent treat this offer as an insult and not present it to the … (9 comments)
|
short sale: Tell it like it is! Short Sale --does not always mean SHORT! or is 60+ days plus SHORT? - 08/22/09 08:29 PM
This is for buyer agents - please tell your buyers how short sale are. Ask them if they have the time to wait on the bank to decide if they are going to either approve, counter or deny a short sale request. If they tell you they are looking for something … (3 comments)
|
short sale: The bank is not your friend.... They are a debt collector! - 07/08/09 09:50 PM
I don't think this is new - News- but it is true. If you are in mortgage trouble or foresee that you will be in mortgage trouble, you will need to bite the bullet and contact your mortgage lender as soon as possible. Just know that they are a debt collector. … (3 comments)
|
short sale: Is it hard to spot a bank owned property in Stockton, CA? - 06/22/09 09:22 AM
I am not trying to be funny with this question! You see an empty house, it has a sign in the window with the agent's name, sometimes there is a real estate sign -- sometimes not. Here in Stockton, CA and most of the larger cities in Northern California - there are … (1 comments)
|
short sale: Foreclosure Alternatives Program - to avoid foreclosure! - 06/21/09 11:16 AM
This new program Foreclosure Alternatives Program is an extension of the Making Homes Affordable. It is set up to help streamline the process in offering homeowners loan modification and if they cannot qualify for a loan modification, the lender/servicer will offer the homeowner the option of doing a short sale (3-12 … (4 comments)
|
short sale: Between now and then... Look out for your Loan Modification letter - it is time sensitive --- if you do not get one CALL YOUR LENDER! Do not miss this opportunity to AVOID FORECLOSURE! - 06/19/09 06:25 PM
Are you upside down in your mortgage loan on your home? Several financial institutions are starting to send these letters out - starting around the end of June. This letter will offer you to participate in the Home Affordable Modification Plan (HAMP). This is all a part of the Foreclosure Alternatives … (1 comments)
|
;)
;)
