Short Sale and Foreclosure Real Estate Agent

Short Sales or Pre Foreclosure Sales A pre foreclosure is when the lender agrees to accept something less than the full amount of the payoff to avert foreclosure. Most lenders have discovered that it is cheaper to have a short sale or other activity rather than letting the property come back as ...

1. Probably the most obvious and also the most important is always pay on time.  Keep in mind that once you are more than 30 days late on a credit account, there will be a derogatory on the credit report. 2. Have a variety of credit types extended to you.  For example, credit cards, car loan, stu...

1. Always have the seller contact the asset manager to discuss a short payoff of their loan. 2. Most lenders require a signed listing agreement before they will speak with an agent. 3. Most lenders have specific requirements and may fax them to you upon request. 4. Be aware that there will be tim...

Below are some websites that agents can register with do start getting BPO requests.  Lets make this a place to share companies that do BPO's.www.calreo.com  Cal REO--Asset Manager www.lendersreo.com  Lender Asset Management Company--Asset Managerwww.clearcapital.com   Clear Capital--Valuation Se...

Good news to first time home buyers in California, especially the Los Angeles area. Cal HFA (California Housing Finance Agency) has 100% Financing for a 30 year fixed with downpayment assistance available!!!(CHDAP) California Homebuyer's Downpayment Assistance Program now offers 3% towards down p...

As most of us know, the availability of zero down programs has almost completely dried up.  However, there are still some lenders that are still doing 100% financing.  They do come and go as the funding dries up or underwriting standards change.Does anyone know of any lenders who are offering zer...