This is the continuation of the preceding article, SHORT SALE PRIMER - PART I - THE "NEW STANDARD SHORT SALE" and you really need to read it first before you read this article. The articles were divided into two articles because when put together it was just too long! If you have already been t
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11/17/2012
HAFA IS HISTORY. Welcome SCubed. Since I wrote the SHORT SALES PRIMER - LAWYER DISCUSSION OF THE SHORT SALE EVOLUTION (2010), Short Sale Primer (2009) and Back To Basics (2008) articles, the short sale methodology used by lenders has morphed several times and with even the United States Govern
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11/17/2012
The NAR has put out a CALL TO ACTION regarding the expiration January 1 2013 of the Mortgage Forgiveness Debt Relief Act of 2007. Every Realtor should take a stand, voice their concern and get Congress and the President to work on this immediately after Election Day. The Foreclosure Relief Act e
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11/04/2012
PNC has issued a new mandatory form that must be signed if a borrower is doing a short sale. The Seller/Borrower must sign a statement that says, “I/we agree to remain responsible for the payment of the remaining balance on my/our Account pursuant to the terms of my/our note or line of credit ag
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11/03/2012