foreclosed: Hawaii Foreclosures up 174% - what effect do you think Act 137 had on this!
- 02/16/09 05:04 AM
With the headlines screaming out last week how much Hawaii's Foreclosures have sky rocketed, not once do they mention anything about Act 137, they quote the usual economic woes, unemployment, tourism, pay cuts, and so on. but they fail to ask the question about what happens when you take a Realtor, who has pledged themselves to protect and promote the interests of their client. . You take that Realtor, You tie him up in the corner - because he is not allowed to help you in short sale, you duct tape his mouth, because he is not allowed to talk to … (2 comments)
foreclosed: Hawaii Foreclosures vs Short Sale vs Deed in Lieu vs Bankruptcy , and how it affects your FICO scores
- 02/15/09 12:10 PM
Here are some guideline's set up by Fannie Mae Establishing a new policy for preforeclosure sales. A preforeclosure sale involves the sale of the property by the borrower to a third party for less than the amount owed to satisfy the delinquent mortgage, as agreed to by the lender, investor, and mortgage insurer. Due to the increased incidence of preforeclosure sales, Fannie Mae is establishing a 2-year elapsed time period for reestablishing credit following completion of the action. Take a look at this chart below - downloaded from Fannie Mae
Here are some excerpts taken from another view on Short … (0 comments)
foreclosed: Hawaii Foreclosure - 4/1 Home for sale on the Big Island, Hawaii Real Estate
- 12/26/07 08:48 AM
This home is in foreclosure, amount owed on this home is $430,000, I had an accepted short sale at $290,000. That fell out 2 days before closing, I have relisted it at $299,000 and have an offer in for review at the bank - this offer is not full priced, but within 10% of the last approved shortsale. If you or anyone you know would like to put in an offer on this property at $290,000 or above - please contact me. UPDATE: I have 3 short sale properties in Kona that will be coming on the market soon, I am … (1 comments)
foreclosed: Foreclosure - Short sale fell out ($290,000) - Great Opportunity- Hilo Hawaii
- 12/05/07 08:22 AM
I have a home listed that is in foreclosure - we had an agreed upon short slae with EMC, when my buyers could not come up with the money - here it is. Property is in foreclosure - small reprieve on time, sale subject to lenders approval. Potential, Potential, Potential, Size according to Tax RecordsLiving 1,360 sqftBasement 1,108 sqftPotential 2,468 sqft living - Basement is semi Finished! - SEE PHOTOS!With the location of this property, Highway frontage, the size of the lot (32,000sqft) Current zoning is RS10 (10,000 sqft) with the stream and shape of the lot I don't see a … (0 comments)
With the headlines screaming out last week how much Hawaii's Foreclosures have sky rocketed, not once do they mention anything about Act 137, they quote the usual economic woes, unemployment, tourism, pay cuts, and so on. but they fail to ask the question about what happens when you take a Realtor, who has pledged themselves to protect and promote the interests of their client. . You take that Realtor, You tie him up in the corner - because he is not allowed to help you in short sale, you duct tape his mouth, because he is not allowed to talk to … (2 comments)
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