bank owned: Survey statistics shows 95% of people still are not understanding short sales!
- 05/21/10 03:41 AM
An article about a recent survey from Trulia.com and RealtyTrac released today really shows people are not getting the help they need or they do not understand how to solve their foreclosure problems. Points of interest: 1. 59% would not strategic default or leave the keys and walk. Shows there are still a large number... 41% would consider walking away...that's nearly half. 2. 69% would opt for loan modification but it shows only 10% actually are successful to loan modification. How many still fall behind after they modify. Not good, so only 10/100, sounds like the odds are against you or … (4 comments)
bank owned: RE/MAX Chairman Urges Lenders to Release Properties
- 02/17/10 04:09 AM
Dave Liniger, RE/MAX International Chairman and Co-Founder, recently urged government and economic leaders to push lenders to release foreclosures to help speed their short sale processing so the housing market can recover. Liniger made his comments as a featured speaker at the Five Star Government Forum in Washington D.C. The Forum brought government and industry leaders together to share ideas for building stability in the nation's housing market. A proactive approach and current information is the only way to get things moving. Buyers can be very unfamiliar with the process of short sale, but for banks, this is the best avenue … (0 comments)
I write about real estate topics specific to foreclosure, short sales and mortgage trends. I try to inform readers how this relates to them and how it may affect their buying and selling of real estate.
An article about a recent survey from Trulia.com and RealtyTrac released today really shows people are not getting the help they need or they do not understand how to solve their foreclosure problems.;)
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