HAMP UPDATE January 28, 2010 Verified Income Required for Trial Plan Offers Beginning June 1, 2010 Overview Amends the Home Affordable Modification Program (HAMP) by requiring servicers to verify income/eligibility before the borrower can be offered a trial period plan. This program change is
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02/25/2010
Have we been in a crumbling economy in the last few years? What about a crumbling real estate economy in the last 2 years? In my opinion, I would say yes to both questions. In some cases, do we have too much government prevention or regulation at times? Jason Crouch wrote an excellent article
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02/09/2010
The Unintended Consequences Of The HOA in Short Sales! We have a notice of expectations that all our Florida short sale sellers must sign when we agree to negotiate a short sale for them and list their property. One of the biggest deal busters there is- Past Due HOA fees. We explain the consequen
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02/09/2010
Here is a tad too long blog about a man that changed my life....a blind man.....a Realtor....a broker.... who most likely is out performing any agent reading this. I believe the length of the post will be worth your while. This Post is an older post was FEATURED by AR from a link from this Satur
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02/09/2010
Owners that can actually make their loan payments, but choose to walk away, accounted for 1 in 4, or 25% of all foreclosures as of June 2009. That was over six months ago, and the numbers have probably gone up since the initial studies (these data can be easily verified via a quick Google searc
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02/04/2010
It sounds like a strange question - but really, it isn't! When you are taking pictures for your listings, do you leave the toilet seat up? I was looking at some listings near a home that is on my schedule tomorrow, and there was a picture of the commode with the seat up. This prompted my to post
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02/01/2010
It sounds like a strange question - but really, it isn't! When you are taking pictures for your listings, do you leave the toilet seat up? I was looking at some listings near a home that is on my schedule tomorrow, and there was a picture of the commode with the seat up. This prompted my to post
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02/01/2010
As many of you may know, beginning tomorrow February 1st, 2010, the FHA "Spot Approval" Condominium process will no longer be allowed. This will affect many buyers who are trying to purchase in condominiums that are not already FHA approved. As long as the FHA Casefile ID is pulled prior to 2/1
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02/01/2010
How are you handling sellers who want you to over-price their homes? It may seem that the owner who insists on a couple of hundred thousand more in their asking price should be accomodated, especially if you are not the only broker on the hunt. But pricing properties properly should be priority #
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02/01/2010