Homeowners Spending Their Mortgage Payments? - 04/30/10 12:08 PM
Homeowners Spending Their Mortgage Payments? According to this Diana Olick article on CNBC.com, Mortgage Defaults May Be Driving Consumer Spending, recent studies show that "Americans are now far more likely to pay their other bills first before their mortgage (which is a big turnaround historically speaking)." As a result, the thought is that many of the nearly 7.4 million homeowners who are not paying their mortgage payments (defined as the total number of delinquent first mortgages plus REO properties - see the most recent mortgage performance data current as of March 31, 2010 in the LPS Mortgage Monitor: April 2010 Mortgage … (0 comments)

Foreclosures Continue to Increase - 04/26/10 03:53 PM
Foreclosures Continue to Increase According to this Diana Olick article on CNBC.com, Foreclosures Are Rising, foreclosures continue to increase (i.e. more properties are going to foreclosure auctions) due to the failure of the various loan modification programs (many borrowers do not end up qualifying for permanent modifications and many borrowers default on modifications even if they are granted) and the huge backlog of seriously delinquent loans (over 5 million), which are now making their way toward becoming foreclosures. Basically, foreclosures are going to remain extremely high for the next few years, and, as a result, seriously stress the banks' asset managers. … (3 comments)

How To Embed Your Youtube Video into Google Maps - 04/26/10 03:46 PM
Great info on how to imbed YouTube videos into Google Maps.
Via Brad Andersohn ~ Community Manager (ActiveRain):
How To Embed Your Youtube Video into Google Maps
We had over 700 people register for the Youtube Video and Blogging Classes we held over at ActiveRain University this last month. In these sessions, we covered how to create and use video more effectively for your Blogs and websites. We shared some cool tips and important tools regarding the use of video and how to get the most out of Youtube's new look and their added features.
The one thing we didn't have time … (0 comments)

Short Sales Will Increase - 04/22/10 10:56 PM
Short Sales Will Increase
According to this Diana Olick CNBC article, Let the Short Sales Begin, the Obama Administration's Home Affordable Foreclosure Alternatives Plan (aka HAFA) (effective April 5, 2010), which is offering financial "incentives to borrowers, servicers, investors and second lien holders" to encourage short sales, plus the coming wave of foreclosures (shadow foreclosures, Option ARM and related foreclosures) will result in a substantial increase in the number of short sales. I absolutely agree. The question is whether the increase will be enough. The article goes on to state that the "Administration increased the incentives such as "doubling the amount … (3 comments)

How To Stop Foreclosure - 04/05/10 11:26 AM
How To Stop Foreclosure
Homeowners and real estate owners who are in foreclosure, or who have received a letter from their mortgage lender's attorney stating that the foreclosure process will begin, or have received a notice of default frequently ask me how they can stop the foreclosure. Therefore, I listed the best ways to stop a foreclosure action below depending on whether you want to keep your home or investment property.
Options if you want to keep your home or investment property:
Mortgage Refinance - If you have not missed a payment yet you still may be able to refinance into … (1 comments)

Housing Headed For Trouble - 04/05/10 10:13 AM
Housing Headed For Trouble
As a short sale specialist, my listings usually sell very quickly. However, since March 2010 began my short sale listings are selling more slowly than they did previously. I attribute this to the first-time home buyer tax credit since those buyers were the primary buyer pool in my market Middle Tennessee. I think this is particularly true for most markets in the US where the tax credit had a substantial short term impact (particularly in lower priced markets where the $8,000 tax credit is a fairly substantial percentage of the sale prices). Now that the first time … (1 comments)

Housing Prices Declining Again - 04/02/10 03:59 PM
Housing Prices Declining Again
According to this Real Estate Economy Watch article, Fear Seen Driving Prices Lower than Last 20 Years, the housing markets in most US cities "will see prices fall below the lowest levels of the last 20 years" according to the House Price Forecast from University Financial Associates (UFA) in Ann Arbor Michigan.
The article quotes Dennis Capozza, the Dykema Professor of Business Administration in the Ross School of Business at the University of Michigan, and a founding principal of UFA, as saying the "Detroit metro was the canary in the coal mine this cycle, with falling house … (2 comments)

White House Admits Housing Will Not Recover Anytime Soon - 04/02/10 03:13 PM
White House Admits Housing Will Not Recover Anytime Soon
I read this Economy Watch article about the March 2010 US Unemployment Rate in which the White House basically admits (at least in a round about way) that the US housing market cannot rebound to anywhere near peak 2005-2007 (depending on the market) price levels until at least 2017. The article doesn't actually say this, but it states "The White House does not expect the rate to return to its healthy-economy level of 5 percent until at least 2017." Based on the fact that a healthy (i.e. low) unemployment rate is required … (0 comments)

Nashville TN and Middle TN REALTOR Successfully Closes Murfreesboro TN (Rutherford County) Short Sale - 04/01/10 02:47 PM
Nashville TN and Middle TN REALTOR Successfully Closes Murfreesboro TN (Rutherford County) Short Sale Jim McCormack, a Nashville Tennessee and Middle Tennessee REALTOR and Short Sale and Foreclosure Real Estate Expert, recently closed a Short Sale listing in Murfreesboro TN (Rutherford County) for $110,000 despite the bank valuing the property at $136,400 and an imminent foreclosure date. The sellers were very happy and relieved to be out from under this home that they could no longer afford. Short Sale and Foreclosure Help and Assistance in Nashville Tennessee and Middle Tennessee. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville … (1 comments)

Nashville TN and Middle TN REALTOR Successfully Closes Spring Hill TN (Williamson County) Short Sale - 04/01/10 02:45 PM
Nashville TN and Middle TN REALTOR Successfully Closes Spring Hill TN (Williamson County) Short Sale Jim McCormack, a Nashville Tennessee and Middle Tennessee REALTOR and Short Sale and Foreclosure Real Estate Expert, recently closed a Short Sale in Spring Hill TN (Williamson County) for $140,000. Jim, a short sale specialist, listed the property and represented the sellers. Jim was able to close the short sale even though the sellers were current on their mortgage payments, were getting divorced and the bank valued the house at a substantially above market price. The sale closed despite the original buyer backing out of the … (1 comments)

 
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Jim McCormack - Short Sale Specialist

Murfreesboro Smyrna Brentwood Franklin Short Sales

Murfreesboro, TN

More about me…

Reliant Realty - Nashville Short Sales & Foreclosures Help

Address: 256 Seaboard Ln, Ste E-105, Franklin, TN, 37067

Office Phone: (615) 724-5129

Cell Phone: (615) 796-6898

Email Me


STOP FORECLOSURE IN NASHVILLE TENNESSEE, BRENTWOOD TENNESSEE, FRANKLIN TENNESSEE, NOLENSVILLE TENNESSEE, SPRING HILL TENNESSEE, THOMPSON'S STATION TENNESSEE, MURFREESBORO TENNESSEE, SMYRNA TENNESSEE, LA VERGNE TENNESSEE, ANTIOCH TENNESSEE, COLUMBIA TENNESSEE, MT. JULIET TENNESSEE, SPRINGFIELD TENNESSEE, GALLATIN TENNESSEE, HERMITAGE TENNESSEE, HENDERSONVILLE TENNESSEE AND MIDDLE TENNESSEE - Attention Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Homeowners, Property Owners, Condo Owners, Real Estate Investors, Commercial Real Estate Owners, Home Builders and Real Estate Developers - Get Expert Help and Assistance from a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson's Station, Murfreesboro, Smyrna, LaVergne, Antioch, Columbia, Mt. Juliet, Springfield, Gallatin, Hermitage, Hendersonville and Middle TN Distressed Real Estate, Short Sale, Pre-foreclosure and Foreclosure REALTOR, Real Estate Expert & Real Estate Investor - Get Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson's Station, Murfreesboro, Smyrna, LaVergne, Antioch, Columbia, Mt. Juliet, Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Foreclosure Help, Pre-foreclosure Help, Short Sale Help and Loan Modification Help.


Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Short Sales, Foreclosures, Short Sale Help and Foreclosure Help.
Jim McCormack is a Member of the ActiveRain Real Estate Community Who Helps Sellers in Davidson County, Williamson County, Rutherford County, Maury County, Sumner County, Wilson County and Robertson County Tennessee. Jim serves Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompsons Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and other real estate markets in and around Nashville Who Can't Pay Their Mortgages, are in Foreclosure, or Need Assistance with Short Sales and Foreclosure. Jim is also a real estate investor who makes quick offers to stop foreclosures


Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Short Sales, Foreclosures, Short Sale Help and Foreclosure Help.
Jim McCormack is a Member of the Trulia Real Estate Community Who Specializes in Short Sales and Foreclosures in the Nashville Tennessee and Middle Tennessee Area(Davidson County, Williamson County, Rutherford County, Maury County, Sumner County, Wilson County, Robertson County, Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompsons Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage and Hendersonville).


Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Short Sales, Foreclosures, Short Sale Help and Foreclosure Help.
Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Short Sales, Foreclosures, Short Sale Help and Foreclosure Help.
Jim McCormack is a Member of the Zillow Real Estate Community Who Specializes in Short Sales and Foreclosures in the Nashville Tennessee and Middle Tennessee Area (Davidson County, Williamson County, Rutherford County, Maury County, Sumner County, Wilson County, Robertson County, Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompsons Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage and Hendersonville).



Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Short Sales, Foreclosures, Short Sale Help and Foreclosure Help.
Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville and Middle Tennessee Short Sales, Foreclosures, Short Sale Help and Foreclosure Help from a Nashville Real Estate Expert



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