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First off, let me just say that a short sale is a lesser of two evils. It should be considered as the nuclear option and only available to those with legitimate hardship. Now, with that out of the way, let us talk about the truth behind what a short sale does to your credit. If you are considerin...
Hi all: I just wanted to take a moment and alert you to a networking site dedicated to just REO Professional Agents, www.REOPro.NING.com Here is a list of some of the offerings. Free Membership Your very own customizable home page You can post conferencing events or review a list of networking...
Posted by Jesus (Jesse) Gonzalez on May 28, 2008 at 8:04pm @ www.REOPro.NING.com and, yes this is my content. As you may guess, the number 1 question I get asked is, how can I start listing REO's? Well, if it was as simple as a "one line" answer, then everybody would be doing it however, it isn't...
The unsecured promissory note is becoming a more commonly used tool to prevent future deficiency judgments. If you haven't experienced this already with a short sale, where you are the listing agent, be prepared because it is coming your way. Upon bank review of the agreement they will counter t...
Other than bedrooms and baths, square footage is one of the most important considerations a home buyer contemplates when purchasing a home. Square footage, in many cases, lays the foundation to a sellers pricing strategy as well as gives the buyer a starting point when making an offer. The import...