short sales: New Blog Site for failed Short sales
- 02/02/10 05:41 AM
If you have a complain or feel that you want to vent about a failed Short sale, there is a new Blog Site http://www.bankfailblog.com Here you can post the picture of the property and complain all you want, I have even seen Names of Inept Negotiators and their information.(check to see how Legal That is and if it is legal Go at it.) … (2 comments)
short sales: Checking Out Your FHA Buyers’ Rental Income
- 01/14/10 08:48 AM
HUD has just published some new guidelines that will nix some sales effective immediately if there is any suspicion that the buyer is participating in a Short Sale deal and is simultaneously renting out their previous house. If they sold their old house at Short Sale simply to take advantage of purchasing a similar or superior house for less, this is also an activity that the FHA will not condone by approving a loan. The FHA will try to monitor this situation by looking closely at the sources of rental income. The FHA may consider rental income only when the … (1 comments)
short sales: Why in the hell are you taking a picture of my property?
- 01/12/10 04:12 PM
Most of us Know the risks associated with going in to high crime or high risk areas to show properties, but this risks increase for those of us doing BPO's or inspections to properties that are occupied and where the occupants have no idea what we are doing. some times this occupants are hiding from the law, some are cheating on their spouses some are on disability, all this people will react when they see you taking a picture of what they perceive to be, "at them" and may think that you are spying on them and some will react violently. Some tips … (5 comments)
If you have a complain or feel that you want to vent about a failed Short sale, there is a new Blog Site http://www.bankfailblog.com Here you can post the picture of the property and complain all you want, I have even seen Names of Inept Negotiators and their information.(check to see how Legal That is and if it is legal Go at it.) 
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