Daniel Feld's (desertdan) Blog

Tenant has not paid rent and you cannot find the 5-day notice of non-payment, You just got notice that your section 8 tenant likes to park their car on the front lawn. From the 5-day notice of non-payment, non acceptance of partial rental payment, 10-day non-complienace, 48 Hour Notice, Bad Check...

Out here in the South West we are blessed with lots of sun and very little rain. When it does rain it pours and it feels great when it pours.  In a market saturated with lender owned proprties and investor owned properties for sale how does an agent drive attention to the Short Sale listing.  Whe...

There are home owners in Maricopa County that have homes that have loss more than 60% of their properties value. I have seen neighborhoods where homes have lost 75% of their value. Either you stay for the long haul or leave.  The stratigic short sale disucess this difficult cross-roads between th...

The decission between doing a Short Sale v.s a Foreclosure should not be difficult. If you have to Choose, do a Short Sale.  A foreclosure on your credit report has the same effect as a bankrupsy.  There are new short sale programs such as the Co-operative short sale that Bank of America has; The...

There is a program in Arizona for homeowners who are in default on there primary residence and doing a short sale.  The loan is a portfolio loan that requires the borrower to put 20% down. Interest rates are high I am hearing 9%. There is no prepayment penalty.  With credit couceling you could re...

Bank of America has rolled out a new Short Sale Program called the Co-opertive Short Sale. If you are a home owner or investor in default in Arizona on a Bank of America mortgage; Bank of America has a program that will give the property owner $2500.00 if you sign up for this program. The propert...