short sales: Advising Investor Clients about Foreclosure or Short Sale Consequences - 06/01/10 05:15 AM
My company does alot of property management. I have had several investor clients who have let their property go into foreclosure.  Often, they have not even notified me or consulted with me about their circumstances and we found out when the tenant received a default notice and they call upset. The result is usually a lost tenant, no matter what we tell them about the lease contract they are obligated to they often get upset and start looking for another house.  Then we have a house in default that the owner wants us to find another tenant for.  At this point we … (0 comments)

short sales: New short sale guidelines from Obama Administration to take effect in April - 03/08/10 12:37 PM
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.This latest program, which will allow owners to sell for less than they owe and will give them a little cash to speed them on their way, is one of the administration's most aggressive attempts to grapple with a problem that has defied solutions. More than five million households are behind on their mortgages and risk foreclosure. The government's $75 billion mortgage modification plan has helped only a … (6 comments)

 
Pam Keen (Realty Masters of FL and Keller Wiliams)

Pam Keen

Pensacola, FL

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Realty Masters of FL and Keller Wiliams

Address: 4400 Bayou Blvd, Ste 58B, Pensacola, FL, 32503

Office: (850) 473-3983

Mobile: (850) 232-2200

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