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short pay: Realtors not disclosing that a listing is an REO or a Short Pay - 07/17/08 07:18 PM
Over the past year I have had some serious problems helpiing clients because if inaccurate data in our MLS.  I have a meeting on Monday and am hoping that some Activrain feedback might give me some additional ammunition to get my point accross.
When a Realtor takes a listing and they know up front that it is a short sale, how do you disclose that fact?
Marketing remark, agent remarks, terms, or other?
Our MLS has a box under terms for each of those, but no one uses them.  So if I have a client that is looking for REOS, I … (2 comments)

short pay: How The Foreclosure Process Works – Hanging On To Your Home - Part Four - 01/14/08 01:25 PM
After the recent developments with Countrywide Home Loans I though readers might be interested in an update to my first three posts on "Hanging On To Your Home".
Although in my particular market we have a very small number of foreclosures and short sales (less than 4% of the current listing inventory, assuming that the data inputted is accurate. which may or may not be the case), the ripple effect is significant. 
Disclaimer - the information here may or may not relate specifically to YOUR situation.  Seek competent legal and professional real estate advice if you have concerns regarding your home. 
If you … (2 comments)

 
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Keith Sorem

Glendale, CA

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Keller Williams Realty

Address: 411 North Central Avenue, Suite 100, Glendale, CA, 91203

Office Phone: (818) 432-3269

Cell Phone: (818) 230-8049

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