foreclosure: Short Sales and The Current Administration
- 04/30/09 01:57 AM
With the sweeping platform of liberal spend and tax programs that 10 generations cannot pay back, we are now faced with a constant stream of bank regulations that affect lenders, and will also affect us. Fannie Mae is now condusting their own appraisals behind those the lender or servicer orders. Fannie takes its own seet time to get this done, too. This can stall an otherwise smooth short sale process, and cause a great deal o f anxiety for a buyer, which is where constant communication through the process with the buyer's agent is important. States are changing the rules on … (0 comments)
foreclosure: What Impact Will the Presidential Election Have on Your Business?
- 09/06/08 03:11 AM
This is probaly going to get me in trouble with everyone. I am treading into tempestuous and contentious waters. But the question is important, or i would not ask it. National elections are a change in command and this "changing of the guard" is something that I can see having a profound effect on the real estate and mortgage market. Whenever we change Presidents, economic policy makes changes, too. The issues affecting us today may affect us on more pronounced ways come January: - Fuel prices- Interest Rates- the War on Terror (It isn't just Iraq, but Iraw was the origin … (0 comments)
foreclosure: Forelosure: Are You a Part of the Problem or Part of the Solution?
- 06/25/08 01:45 AM
This is a rather serious question. It is the reason that there are real estate licensing rules, and mortgage licensing. It boils down to ethics. Here are the questions: How do you determine the viability of a Buyer prospect? How do you assess the ways you can best serve your Seller? What do you do to establish a Buyer's qualifications? How do you break the truth to your saellers when setting a listing price, when their home is worth less than they owe? The foreclosure problem is real, and it will be with allof us, regrdless of market for a while. I … (0 comments)
With the sweeping platform of liberal spend and tax programs that 10 generations cannot pay back, we are now faced with a constant stream of bank regulations that affect lenders, and will also affect us.
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