Steve Neuenschwander's (gsi2) Blog

Available now are REOS in the midwest for pennies on the dollar.  These homes are puchased in mass from banks, Fannie Mae, Fannie Mac, HUD, and others.  The are purchased for around 10 cents on the dollar.  They are then offerred to the general public "as is" for around 30 cents on the dollar.  H...

As we all know, we are in trying times when it comes to coversing with past clients about their mortgage woes.  As realtors are first instinct is to suggest to our clients a short sale.  While that can be good advice, it can also be bad advice.  First, not all short sales are equal.  Depending on...