National Association of Realtors, Home Sales Surge | Is 2011 The Bottom For Housing? - 01/20/11 01:50 PM
Urgent Breaking News...National Association of Realtors reports a home sales SURGE!
Lead by...you guessed it...'distressed sales'. 
Expect the number of SHORT SALES to out pace Foreclosure/ REOs sales for the first half of 2011. If you aren't listing and selling short sales in this market...why not? Watch the how-to list Short Sales...and most importantly CLOSE Short Sales in less than 45 days...video. While there, be sure to download the Agent Short Sale Secrets book. 
U.S. home resales jumped more than expected in December despite bad weather as sellers cut prices, offering some hope for a sector that has been struggling to … (0 comments)

Bank of America Cooperative Short Sale Program..2 Week Approvals | 2011 HAFA Guidelines - 01/13/11 02:39 PM

Breaking news…Bank of America Cooperative Short Sale Program updates…and NEW HAFA Guidelines…
… everything you need to know now about the Bank of America 2 week approval Cooperative Short Sale program and new HAFA Guidelines.
Last year HREU broke the news about Bank of America’s Cooperative Short Sale Program. (at the time it was being referred to as a HPO Short Sale). Watch the videos we created for you last August about this new program.
In our quest to provide you with the latest breaking news…insider news….2 months agowe were thrilled to interview Bank of America Executive Alan Seelenbinder. You absolutely must … (3 comments)

HAFA Short Sales...Why Isn't HAFA Working? - 01/05/11 03:06 PM
Why are some HAFA Short Sales working…while others aren’t?
Read on….
According to the Congressional Oversight Panel (the Troubled Asset Relief Program watchdog) thus far  only $4.3 million  has been used for  HAFA..resulting in roughly 661 closed HAFA short sales since the program launched.
(Download the latest HAFA forms here)
Thats it…661 short sales have been approved as HAFA Short Sales.
Pathetic results, I am sure you agree.
The Treasury department is changing the HAFA eligibility requirements which may allow for a significant increase in HAFA Short Sales.
Details:
1)  HAFA is now almost..a NO DOC short sale. Servicers are no longer required to … (4 comments)

 
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