Real estate blog entries tagged with hafa by Kirk Westervelt, CDPE-Avoid Foreclosure! Home for Sale-Greenville,Simpsonville,SC (Keller Williams - Greenville, SC Realtor -Short Sale Expert!)

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Home : Blogs : Kirk Westervelt, CDPE-Avoid Foreclosure! Home for Sale-Greenville,Simpsonville,SC : Kirk's Blog : Tag "hafa"

hafa: The Short Sale List Price Fairy Tale - A Case Study in Greenville, SC - 11/07/11 03:17 PM

I recently took another short sale listing, to help the homeowners avoid foreclosure. I ran the comps, reviewed the first and second mortgage loan payoff amounts and devised an intelligent starting list price. Additionally, my client clearly understood my recommended list price reduction strategy, based on a specific timeline, the surrounding active listings in the immediate area, the number of missed payments on the mortages and even seasonal market trends and short-term forecasts.
So, what happened when it came time to implement the first price reduction? My client disagreed with any such reduction and wanted the home to remain very close … (1 comments)

hafa: Greenville, SC Short Sale and Foreclosure Listings...Is There A Tsunami Wave of Short Sales and Foreclosures Coming to Greenville, SC? - 07/20/11 01:39 PM

On July 13th 8 institutions, including Bank of America, J.P. Morgan Chase & Co., Wells Fargo and Citigroup, met a deadline for submitting detailed action plans on how they will be handling distressed mortgage loans (short sales and foreclosures). The details of these plans, submitted by major banks and other home-loan servicers, were handed in to the Office of the Comptroller of the Currency, which regulates national banks. At this point, all details of any such plans to handle massive numbers of short sales and foreclosures are being held confidential.
July of 2011 was also significant as a very large number … (0 comments)

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