ARCHIVED BLOG POSTS

2010 

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Banks are ramping up short sales thanks to government incentives and the realization that short sales result in lower losses than foreclosures. On average, banks lose 50 percent on a foreclosure, but only 30 percent on a short sale. Bank of America, the nation’s largest mortgage servicer, has dra...
03/29/2010

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I saw this article and it scared me enough to let others see it.   I am mentoring, training and teaching agents on a regular basis how to perform short sales correctly and almost always agents I have talked to never perform one of the most important steps before even starting a short sale... Send...
03/29/2010

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As spring approaches, many homeowners grow eager to start remodeling projects to update and refresh their surroundings. Before getting started, it’s a good idea to hire a professional remodeler for a workable plan and better results, according to the National Association of Home Builders (NAHB). ...
03/22/2010

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RISMEDIA, March 19, 2010—(MCT)—Planning a getaway? Now is a good time to lock in the dates and destination for any travel plans this year. But planning a vacation is not the time to forget how to lessen your impacton our planet. Deciding where to go, where to stay, ...
03/19/2010

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If you've been holding off on a real estate purchase, glimmers of a turnaround in the housing market may have you wondering if it's finally time to make your move. While home prices remain low, they're no longer free-falling in most markets. Mortgages are historically cheap. And the sweet tax cre...
03/17/2010

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RISMEDIA, March 8, 2010—(MCT)—A smaller percentage of mortgages were delinquent and the rate of those entering the foreclosure process slowed in the fourth quarter of 2009, possible signs that the foreclosure crisis that has gripped many of the nation’s housing markets is finally starting to ease...
03/07/2010

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  If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness. Normally, debt forgiveness results in...
03/05/2010

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April 15th is less than six weeks away and we all know what that means. If you've yet to visit your accountant or tax preparer, there are some new tax laws, as well as a few old ones you need to know about. But, don't worry. All of the information we're going to share falls under the category of...
03/04/2010
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