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short sale help: w45 Day Short Sale Approvals, Will It Happen?? - 10/07/10 01:24 PM
House Bill Would Force Lenders to Decide on Short Sales in 45 Days
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 Distressed homeowners looking for a way out of their mortgage that doesn't involve foreclosure may find relief is on the way from a new bill introduced in the U.S. House.
The legislation would impose a deadline on lenders to respond to short sale requests, requiring them to return an answer to the borrower within 45 days. The bipartisan bill, Prompt Decision for Qualification of Short Sale Act of 2010 (H.R. 6133), is sponsored by Reps. Robert Andrews (D-New Jersey) and Tom Rooney (R-Florida). Lenders have taken … (0 comments)

short sale help: Not All Agents Understand How to COMPLETE a Short Sale - 07/14/10 09:51 AM
Not All Agents Understand How to Complete a Short Sale

Times have changed. Today we live in a true buyer's market. Simply put, a buyer's market exists when there are more homes on the market than there are buyers. If inventory-the number of homes on the market in a neighborhood-has been rising, it's likely that the number of days a home stays on the market has increased as well. Couple that with declining sales figures over the last 2 quarters, and home buyers are in an enviable position to negotiate.  Keep this in mind:
The number of homes on the … (1 comments)

 
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Denice Thompson Neddo

Portland, OR

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Portland Vancouver Homes

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