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banks: Big Banks Accused of Short Sale Fraud - Interesting! - 01/15/10 03:43 PM
Big Banks Accused of Short Sale Fraud
Published: Friday, 15 Jan 2010 | 12:13 PM ET Text Size By: Diana OlickCNBC Real Estate Reporter
I personally heard a recording of a phone conversation between a short sale real estate agent and a second lien lender, during which the second lien lender clearly asked for cash outside of the settlement and threatened to kill the deal without it.
The real estate agent was rightly concerned and reluctant (the recording was given to me by Brandt who got it from the agent. The agent would provide no information on the … (1 comments)
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banks: Has anyone seen this? Banks to lease REO properties for a limited amount of time up to 5 years? - 08/01/09 05:45 PM
July 30, 2009 1:25 PM CST AdvertisementsThe House of Representatives this week passed a bill that would authorize federally-insured depository institutions and banks to lease real estate-owned homes for a limited period of time - up to five years.The House approved HR 2529, the Neighborhood Preservation Act, in a voice vote Wednesday. The bill's language allows banks covered through the Federal Deposit Insurance Corp. to lease back houses it owns through foreclosure.By allowing these institutions to enter long-term leases with occupants of the foreclosed property or other parties to restrict the number of houses moving onto the market, the bill aims … (11 comments)
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banks: Facing Foreclosure? Possible Short Sale? - 10/19/08 11:44 AM
You're facing foreclosure- is a short sale the answer?
For those that know me personally, you know that I am always looking for ways to assist my clients. I am continually learning about the changes in 'our' market and use that knowledge to best serve my client base. As this market is changing every day, we are seeing a lot of families losing their homes for a number of different reasons and hardships.
If you or anyone you know is having problems with a property in my area, give me a call. I am a Certified Distressed Property Expert (CDPE), … (0 comments)
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Debbie Gill, 972-877-6147 Coppell TX Real Estate Professional
Coppell,
TX
More about me…
Keller Williams Luxury Homes, Short Sales (972-877-6147)
Address: Coppell, Grapevine, Irving, Carrollton, Lewisville, Flower Mound, Colleyville, Trophy Club, Southlake, Keller, Hurst, Euless,, Bedford, Arlington, Plano, Allen, Lucas, Fairview, Highland Village, Argyle, Bartonville, Denton, Sanger, Richardson,Lake Dallas, TX
Office Phone: (972) 350-5000 x 5052
Cell Phone: (972) 877-6147
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