Paul & Jerri's Blog

Real Estate Agent - RE/MAX Associates Athens
When you find homes you're interested in, e-mail us the MLS number and we'll send you more information on the listings, including the property addresses.



There is a new program, effective April 5, that is designed to get short sale offers approved quicker.   Over the past couple of years, it has been very difficult to deal with lenders to get short sales approved.  The banks have been overwhelmed with loan modifications, short sales, and foreclosu...
Distressed Property Institute Reaches 20,000 Members: Thousands of Agents Working to Provide Alternatives to Foreclosure Friday, 12 March 2010 18:29 CPDE continues to lead the real estate industry in short sale and foreclosure avoidance education with this historic milestone.AUSTIN, TEXAS – Marc...
We received 2 offers on this home but because of the work/time involved in getting Bank of America's approval for a short sale, both buyers terminated their offer.  So now, I received a message this morning with a list of a few minor items to submit for the final approval.  These items must be se...
APPLYING FOR A NEW LOAN:  For future loans, some lenders will not approve a loan for homeowner who loses a home to foreclosure for 5 years.  With a short sale, a homeowner may be eligible for a new loan in 2 years. CREDIT SCORE:  Credit score may be lowered from 250 to more than 300 points with a...

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