Real estate blog entries tagged with short sale by Matt Malouf (Malouf Real Estate Marketing Resources)

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Home : Blogs : Matt Malouf : Matt's Blog : Tag "short sale"

short sale: Bank Delay on Short Sale - 04/02/09 12:51 PM

So what would you do when your client's bank does not get the loan docs prepared by the short sale expiration date? The loss mitigator is already a little ticked off but the delay should not be longer than 2-3 days after the expected closing date but Bank of America has lagged on getting their work done to complete the file. Any suggestions?
… (7 comments)

short sale: Foreclosure Prevention - 08/26/08 12:09 AM

Estimates are that as many as 1 of every 95 homes in the state of Florida will have foreclosure filed this year.There are 1.8 million adjustable rate mortgages set to adjust between now and December of 2009. Of those, at least half are expected to go into default.In 2007, there were 1.3 million foreclosure filings which was an increase of 75% over 2006.As of April 15th 2008, an estimated 8.8 million americans are in a negative equity position on their homes, and by next year it is expected to be between 15 and 20 million.Available options to avoid foreclosure may include … (4 comments)

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Matt Malouf

Norwalk, CA

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Malouf Real Estate Marketing Resources

Address: 11642 Firestone Blvd., Norwalk, CA, 90650

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Just my little online communicae as I actually think of something to type while in front of the computer....usually just out in the field doing my thing.....

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