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.
  In my last post, If You Don’t Dive Into Home Ownership Now, You May Find Yourself Drowning In The High Risk Pool Later, we talked about the potential for higher interest rates and higher required credit scores being passed on to consumers in order to meet one of the stipulations of the Dodd-Fra...
It wasn't quite supposed to work this way but in the wacky world of government intervention and the big four (Bank of America, Wells, Chase and Citi) well, things happen.   It all started with the best of intentions.  In an effort to discourage risky underwriting, a term of the Dodd Frank Bill re...
Pre-Approved FHA PSP Ranch in Great Manchester Neighborhood Overview Maps Photos Description Neighborhood $179,900 Single Family Home Main Features 3 Bedrooms2 BathroomsInterior: 2024 sqftLot: 7,841 sqft Location 119 Medford StManchester, NH 03109USA To get updates on open home dates and other p...
Country Condex in Derry NH Overview Maps Photos Description Neighborhood $99,900 Townhouse Main Features 2 Bedrooms1 Bathroom1 Partial BathroomInterior: 1078 sqftLot: 2.07 acre(s) Location 43B Frost RoadDerry, NH 03038USA To get updates on open home dates and other property events, please click ...
"We Were Just Talking About HAFA Freddies With AMS And I Could Not Find A Single Closing Yet, But You May Be The First…So Hang In." I’m not posting this excerpt from an email I recently received from a HAFA Team Manager at Bank of America for bragging rights.  I’m posting it as a cautionary tale ...
On Monday, Trulia, the giant online real estate site released their latest Rent vs. Buy index which found that it’s more affordable to buy than to rent in 72% of America’s 50 largest cities.    They found that renting is only less expensive in 4 of the cities; New York, San Francisco, Seattle and...
  I never cease to be amazed at the number of foreclosure properties in Southern New Hampshire that bounce back and forth between being under contract and back on the market with regularity.  Some of us affectionately refer to them as "yoyo properties".  On a number of occasions I've had a conver...
  I had a conversation with a Buyer’s Agent last week about a proposed offer on one of my short sale listings.  She indicated that the buyers were planning on asking for a seller contribution toward closing costs.  That, in itself, was not the issue.  The issue was that the amount they were plann...
I received a phone call from Ashley the other day.  She was returning my phone call regarding initiating a short sale for a client here in Southern New Hampshire.  You see, in a recent attempt at streamlining, Bank of America introduced a new protocol that, in certain instances, requires that a p...
In two of my previous posts on the HAMP debacle, we talked about how Servicer Compensation based upon a percentage of the Outstanding Loan Pool Balance might be skewing the way your Loan Modification Request gets handled (The Elephant In The Room) and how hiding behind an NPV rejection might allo...

Joy Baker

So NH RE & Short Sale Specialist
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