ARCHIVED BLOG POSTS
Bank of America sends out short sale guidelines on a regular basis. Today's email was a reminder that if the Buyer of your short sale is a Limited Liability Company (LLC), there are additional documents that are required in order to complete the sale. Getting these (and all) documents in quickly...
A wife asks her husband, "Could you please go shopping for me and buy one carton of milk and if they have avocados, get six." A short time later the husband comes back with six cartons of milk. The wife asks him, "Why did you buy six cartons of milk?" He replied, "They had avocados." I got a r...
Attention Real Estate Investors: If you purchase a short sale and the Seller's investor is Fannie Mae or Freddie Mac, be aware that you, as the buyer, are prohibited from selling the property for any sales price for a period of 30 days from the date of the deed. After a 30 day period, and until ...