National & International Real Estate News Stories

2007!! What a year for real estate, in the words of Tommy Hopkins ‘Unbelievable!  House Markets falling, Bank repos all over, tough credit lending criteria. Massive builder incentives, banks closing, Bankruptcy filings tripling, the Dollar crashing, Gas prices at sickening levels (for realtors es...

  Fascinating groundbreaking events that could very well effect the U.S real estate industry and economy as we know it.Ohio the 31st of November, Judge Boyko's decision to void foreclosure was based on the the inability of Deutsche Bank National Trust Co. to provide evidence of ownership.Deautsch...

 Fascinating groundbreaking events that could very well effect the U.S real estate industry and economy as we know it.Ohio the 31st of November, Judge Boyko's decision to void foreclosure was based on the the inability of Deutsche Bank National Trust Co. to provide evidence of ownership.Deautsche...

Perfect answer for those going through the short sale.Currently as most are now aware, when a homeowner sells short the deficiency balance is considered forgiven debt and therefore subject to tax . The irs considers this earned income. Visit IRS.GOV for further explanation. Some homeowners qualif...

Negotiating a short sale?   It's all in the presentation.A Recent conversation with a senior loan consultant with a major bank revealed the top 10 statements made by agents putting your deal to the bottom of the pile.   10) Anything you say can and will be used against you!9)  I need a Short Sale...

Fort Worth Texas,A Countrywide call center has just hired 100 additional personal to handle the increasing amount of short sale and loan modification requests. This whilst massive layoffs from the lending and wholesale division.Further, As of October the 1st the current short sale procedures are ...

Avoiding short sales like the plague? The War Stories are enough to make even the most fearless of agents run for the safety of the ‘regular market'.Finally help is at hand! Don't' write another offer on a short sale until you ask these valuable questions.   5 questions you mustn't fail to ask:  ...

So you got a short sale with Countrywide, you get assigned a case worker. a telephone number with an extension is given. They don't answer, you leave a detailed message and wonder if they really are getting the whole thing. Heres how to get through. In the spirit of sharing with active rain   Get...

In the spirit of sharing: The following strategy was implemented to get a workout loss mitigation person to return a phone call.Circumstances of the sale were typical, fair market price offer, buyer threatening to walk and emotions of most parties running high. A google search was performed disco...

Short Sales, R.E.O'sThe Way it is and The Way it will Be. Who are the banks you loved to hate? Did they sit on you offer for ever? cut your commissions to minimum wage, leave you on hold for and hour then disconnect, what about the other agents? did they do everything they said they would, The bu...