bucks county short sales: Why HAFA Is NOT Good For Sellers And May Not Even Apply To You! - 02/27/10 08:46 AM
The HAFA (Home Affordable Foreclosure Alternatives)Program is coming and will take effect on April 5, 2010. It is essential that you know why it is not a good program and why, if you are a seller, you should throw that agreement in the trash! (this is the PG version of what I really feel you should do with it!!)
Before I go on, you need to know I have spent many hours in webinars and seminars which were ran by Wells Fargo, Bank of America, Freddie Mac and a few nationally recognized attorneys who specialize in short sales on top of plenty of … (29 comments)

bucks county short sales: The Difference between a Short Sale Specialist and a Short Sale Wanna Be in Bucks County, PA - Part Two - 02/02/10 05:05 AM
There is a big difference between a short sale specialist and a short sale wanna be.  Even in the affluent areas of the country including, Bucks County , short sales are effecting the market in a huge way. This is part two in a series of articles I will be writing to help you navigate the murky waters of a short sale.   Click on Part One for a refresher.
If you live in the Bucks County, PA or the Philadelphia area, and you are a home owner in distress and looking for help but don't know where to turn and don't know who … (3 comments)

bucks county short sales: BREAKING NEWS FOR SHORT SALES - FHA WAIVES 90 DAY ANTI FLIP RULE! - 01/15/10 03:19 PM
This just in:  FHA announces they will waive the 90 day anti flip rule for short sale and reo back to back transactions!
 
Last week I wrote a blog about the legalities of these transactions, are back to backs legal, and informed you all of the legitimacy of them.  FOr all you flippers and rehabbers out there the news could not be any better!
 
Finally, the powers that be are actually doing something to help us churn through all this distressed inventory.  I predict many more lenders and organizations will fall in line like dominoes by the end of … (3 comments)

bucks county short sales: Are short Sale Flip Transactions, aka back to back closings, Legal or Illegal? - 01/08/10 10:09 AM
I have often read,here on Active Rain and elsewhere, the ongoing debate and question are short sale flip transactions, aka back to back closings, legal or illegal?  
This leads to the debate of Real Estate Investors vs Real Estate Agents.  My experience as both an investor and realtor allows me to have a unique perspective and understanding of both sides of the equation, but that is a debate for another time.
As an owner of a real estate brokerage, title company and as a real estate investor in the Bucks County, PA and surrounding areas, this has been a subject I have paid … (32 comments)

bucks county short sales: Why the extension of the $8000 first time homebuyer tax credit is important to Investors in Bucks County, PA - 09/22/09 12:03 PM
 

 
Have you thought about why the extension of the $8000 first time homebuyer tax credit is important to Investors in Bucks County?

 
Whether you are a wholesaler, rehabber, landlord or private money lender in the Bucks County and surrounding areas, you have a vested interest in the outcome of the proposed extension and expansion of the first time homebuyer credit.

Thankfully, Bucks County and the surrounding areas has not seen as big a wave of foreclosures as other parts of the country.   Although, values have declined as much as 15% or more in some neighborhoods since … (0 comments)

bucks county short sales: The Difference between a Short Sale Expert and a Short Sale Wanna Be in Bucks County, PA - 08/06/09 02:39 PM
The need to know the The Difference between a Short Sale Expert and a Short Sale Wanna-Be in Bucks County, PA is very important.  It could very well be the difference in getting your financial life back in order and saving your credit or the cause of financial ruin and foreclosure. 
Do you live in the Bucks County, PA or Philadelphia area?   Are you a home owner in distress?   Are you looking for help but don’t know where to turn?
 
Are you considering selling your home as a short sale but not sure what the process is or … (0 comments)

 

Kevin Kravcak

Levittown, PA

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Realty Mark Nexus

Office: 215909SELL

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