preforeclosure short sales: Hard to unring the bell.... - 05/16/07 08:35 AM
I did my first short sale in 1985 or 1986, and have been involved since then in shorts from all sides of the closing table: as buyer, as seller, as real estate agent, and as loss mitigation expert for the foreclosing mortgagee. 
I've spent years reviewing failed short sale attempts (my own, … (6 comments)

preforeclosure short sales: Why do so many short sales fail? - 05/11/07 07:58 AM
Why do so many short sales fail? 
There are two, basic reasons why many preforeclosure short sales fail to close.
The reasons:
All parties do not fully understand the mortgagee(s)' requirements for both the construct of the sale, and/or how to interpret  and comply to the mortgagee(s)' written terms and conditions for … (9 comments)

preforeclosure short sales: This Core Group can be an outsource resource - 03/13/07 07:04 PM
I'll be posting general foreclosure related essays, articles, and answers to specific questions emailed to me or posted on my blog, ForeclosureFocus.
I seek to collaborate with appraisers, attorneys, mortgage bankers, real estate brokers, and title professionals to create a network of specialty management/consulting teams for realty organizations who recognise the need to prepare … (4 comments)

 
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David Petrovich

Oakhurst, NJ

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S.P.O.C.H. a 501c3 Charitable NP

Address: P.O. Box 142, call for FedEx delivery location, Oakhurst, NJ, 07755

Office Phone: (732) 571-9464

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All things foreclosure: subprime & predatory lending updates, mortgage origination fraud, loan servicing errors, loss mitigation, preforeclosure sale and preforeclosure short sale transaction construct, etc.


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