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foreclosure: Inventory Low and buyers every where - 04/10/12 06:20 AM
The supply numbers are low, low , low. Recent reports show that "shadow inventory," the supply of potential foreclosures in the pipeline at banks like JP Morgan, Bank of America, Wells Fargo and Citigroup, could be over 11million homes in the USA. Settlement between mortgage servicers and the States, state attorney generals over the robosigning behind us, it is true that lenders are again forecl...osing at rapid rate.But what about demand? Buyers of foreclosed homes are literally lining up to outbid each other. Talk to anyone who is active in the business of buying and selling bank-owned properties and they … (3 comments)
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foreclosure: Short Sale = Time to get rid of too much debt = Call A Broker Who Cares About Your Results - 03/18/12 07:02 AM
More often than not when I meet with a seller to list a house for a short sale they also have credit card debt. Lots of credit card debt…. Ugg!
The five strategies you must avoid:
The first things anyone in debt must know is don’t make your situation worse by making common mistakes.
Here are some you must avoid:
1. Paying the minimum payment on your credit card. NO! You have to pay more or you will never pay off the debt, even if it’s an extra $10 per month.
2. Asking friends and family for help. This can … (6 comments)
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foreclosure: Walking away from a home is not as simple as homeowners in foreclosure think - 08/30/11 08:32 PM
On a national cast webinar this evening Sharkey is quoted as saying “Walking away from a home is not as simple as homeowners in foreclosure think most fail to understand the long-term consequences of defaulting on the loan and most don’t know about the benefits of doing a short sale.” Sharkey goes on to say “many are depressed and scared and don’t know where to turn”. Sharkey continues “You can’t advertise, trust me, I’ll do the right thing, you just have to DO IT!” “Lucky for me the word has spread” speaking to a group of short sale Realtors® Sharkey yells, … (1 comments)
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foreclosure: Looking for a Short Sale Specialist? - 03/03/09 11:32 AM
Brian Sharkey of Riverside Properties is the Short Sale Specialist other agents go to for their short sale transactions. Sharkey is known for his negotiating skills which are essential when dealing with lenders on a regular basis. He is always exploring different ways to provide his clients with the best possible solution for their financial situation.When the market changed and short sales were considered "deals to be avoided" due to their difficulty, he saw them as an opportunity for growth and a way to assist homeowners in need. He also helps fellow realtors to understand the process and they in turn … (0 comments)
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Brian Sharkey South Florida Real Estate Broker
Port St Lucie,
FL
More about me…
SharkeyRE LLC
Office Phone: (772) 204-9965
Email Me
Residential Real Estate information to help you buy, sell, lease or short sale.
and other bits in the life of a Real Estate Broker.
Serving Tradition, PGA, St Lucie West, Port Saint Lucie, Palm City, Stuart, Jupiter, Palm Beach Gardens, Abacoa
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