Short Sale Process

Real Estate Agent - Angel Lynn Realty
Short Sale Movement
SB 1178 was just approved by the Senate, over lender opposition, with a vote of 30 to 4. Thank you to the over 5,000 REALTORS® who made a difference by contacting their senator to support the bill! For more information on the vote, see the list below. C.A.R. is sponsoring SB 1178 (Corbett) to ex...
Since the current economic status is not changing and surging continuously, it may be more sulking and badly in need of a quick crisis intervention. After winning the post of presidency, President Obama proposes resolutions for distressed homeowners who are squeezed in the decrepit state of the e...
If a home owner fails to pay the regular mortgage payments, the lender will call for a shot to obtain a court order to terminate the authority over the property. The lender will claim the possession of the property securing the loan in order to sell it. Since foreclosure is at court level, procee...
Short sale. It is when you put up your house in the market, with the lender’s consent and being sold less than its actual market value and what you owe. Half a decade before, short sale is not a relative term to the citizens of US, until now where almost every home owner who lives in any part of ...
Real estate in the United States just recently welcomed new home buyers from other foreign land. Chinese investors were the new buyers of residential properties in the United States. Their number keeps on increasing due to the tour programs done buy people from the real estate business to offer p...
This year’s slumping in the existing economic status makes the real estate purchaser and even agents and brokers consider this as some kind of an omen. Recently there has been a gigantic upsurge in the market due to the recuperation of investments and continuous swelling in the interest charges r...
Online marketing in the world of real estate industry is very significant for people who are into it, may it be an agent, a private firm that provides services or a broker. Countless of web searcher regarding facts and data about real estate is outrageous and cannot be completely disregarded. As ...
Under the Obama administration certain changes was made in the Home Affordable Modification Program that was believe to make loan modification process faster. The changes will be effective on the 1st day of June 2010. The changes address the income verification of the borrower and set guidance to...
I recently had a situation with ING on a short sale where the current appraised value came in on a home at 217,000.  The BPO came in at 230,000.  I asked the bank to provide me with the comparable used  to get the price on the BPO and they refused.  The banker also told me that the appraisal is j...
It is important to have a systemic way of gathering and managing information to see you condition on real estate business. Information such as transaction records, legal document, listings activities and sale activities are all important to track in a real estate brokerage business. There are sof...

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