Southern New Hampshire Real Estate and Short Sale Blog

Real Estate Agent - RE/MAX Insight
The Southern New Hampshire Real Estate and Short Sale blog contains Blog Posts featuring information to help you navigate the frustrations and pitfalls that are the hallmark of buying and selling real estate in today's changing market.
No, it's not the latest remake of "Night of The Living Dead" and it certainly hasn't been nominated for an Academy Award.  It is yet another strange twist in our national foreclosure crisis. A Zombie Foreclosure (otherwise known as a Zombie Title or a Bank Walkaway) occurs when the bank never com...
Fannie Mae VP of  Real Estate Sales, Jay Ryan, recently went on record pledging Fannie's support of short sales as a viable foreclosure prevention tool.  He further stated, "Getting short sales done benefits everyone involved and we're committed to doing our part." This is good news for underwate...
IS THAT SOUTHERN NH SHORT SALE SPECIALIST REALLY A SPECIALIST? HOW MANY SHORT SALE APPROVALS DID YOUR SOUTHERN NEW HAMPSHIRE "SHORT SALE SPECIALIST" ACTUALLY OBTAIN LAST YEAR? 2013 has been dubbed the year of the short sale.  On the bright side, positive changes have been made by Fannie Mae, Fred...
Ever since the Consumer Financial Protection Bureau (CFPB) released it's "Final Rule on the Ability To Repay and Qualified Mortgage Standards" (QM) on the afternoon of January 10, 2013, the media has been abuzz about "the long awaited Qualified Mortgage Rule" and what it means to buyers of real e...
On Monday, January 7, 2013, the Office of the Comptroller of the Currency and the Federal Reserve announced they were canning the much maligned and deeply flawed "Independent Foreclosure Review" program and instead had reached an agreement with 10 of the country's largest Mortgage Servicers.  Alt...
On November 1, 2012  the Treasury released Supplemental Directive 12-07 updating the policies for the Home Affordable Foreclosure Alternative Program (HAFA) with a directive that all Servicers must implement the changes by February 1, 2013 (unless prohibited by the investor - but that's a whole o...
In a real "Cliff Hanger", the "American Taxpayer Relief Act of 2012" was passed by the Senate at 0 Dark Thirty on New Years Eve and by the House at 10:30 EST last night .  It is expected to be signed into law by President Obama within the next few days.  This is good news for America's underwater...
If your mortgage loan is owned by Fannie Mae or Freddie Mac (regardless of to whom you make your monthly payments) big changes are coming to the way short sales are handled starting November 1, 2012.  So, if you need to sell your home, and you're underwater, read on to learn about 3 important cha...
Renovated Beauty in Derry NH Overview Maps Photos Description Market Stats $238,900 Single Family Home Main Features 3 Bedrooms1 Bathroom1 Partial BathroomInterior: 1,700 sqftLot: 1.52 acre(s) Location 51 Kristin DriveDerry, NH 03038USA To get updates on open home dates and other property events...
ALL OFFERS MUST BE IN BY NOON ON THURSDAY JULY 19, 2012 Overview Maps Photos Description Market Stats $229,900 Single Family Home Main Features 3 Bedrooms2 BathroomsInterior: 2,448 sqftLot: 1.38 acre(s) Location 40 Wheelwright RoadHampstead, NH 03841USA To get updates on open home dates and othe...

Joy Baker

So NH RE & Short Sale Specialist
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