Less Neighbor, More Hood? You Need A Decent Broker. Someone Like Elizabeth Weintraub

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Carolyn Tann-Starr 2008


The Outside Blog Minion Report

Saturday, February 14, 2009

Carolyn Tann-Starr on Elizabeth Weintraub


I love reading Elizabeth Weintraub's About.com Home Buying / Selling blog. She's an awesome Realtor and will give you excellent advice regarding a wide variety of home buying and selling  issues.

In "What Is Wrong With Buy and Bail?" Elizabeth walks us through a hypothetical example of the lengths some homeowners will go to in order to purchase a new home just before going into default on the home they already own. She explains what happens when a borrower falsifies his or her loan documentation and/or deliberately fabricates misstatements on a mortgage loan application. That is mortgage fraud. Mortgage fraud may happen: (1) when a borrower withholds information (EW's example: such as a deliberate intent to stop making payments to another creditor) or (2) falsifies information, "either of which would cause the new lender to reject the loan if the lender knew about it." It is a fascinating read and highly recommended.

In "How To Do A Short Sale" Elizabeth explains the various ways home-owners may actually lose a home and reveals the fact that there is a mechanism a percentage of sellers can use to divest of their properties in a manner that does not completely destroy his or her credit. If you are, or know of an owner, who can no longer afford to maintain his or her mortgage payments or keep them current, one option to avoid bankruptcy or foreclosure is called a "short sale." BTW, she has a new book on this subject that I predict will make the NY Times Bestselling List. It's that good... I am looking forward to writing a OBMR review... 

Elizabeth and I are in complete agreement regarding not hiring an agent that does not have your best interest at heart. In "Are You Ready To Make A Purchase Order?" "Making a purchase offer and actually buying a home are generally two different actions, but home buyers sometimes confuse the two..." Wanna know more? Click on the link. I think you'll enjoy reading her post on the subject.

My favorite ClubChaosAgents.com Team Blog posts:

1. Swindlers and Crooks are Ubiquitous in the Sacramento Short Sale Market

2. Where's That Pot of Gold at the End of the Foreclosure Rainbow?

3. The Time Has Come, the Walrus Said, to Buy a New Cell Phone

4. Paying Attention to Your Intuition Will Rarely Steer You Wrong

5. Sacramento Home Sellers' Privacy Violated by a Buyer's Agent

If you are not subscribed to Elizabeth you may want to reconsider your position. You will never be disappointed. She is an excellent read.


Comments (8)

Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Hi Carolyn!  WOW!  WHAT a presentation!  I loved your video--and music and your ad is so very clever!  What can I say--even the title grabs you!  Elizabeth does a fabulous Localism job and what a beautiful job you've done featuring her.  Congrats Elizabeth and C--you ROCK!

Happy Valentine's Day...

Debe in Charlotte

Feb 14, 2009 04:51 AM
C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

Thank you, Debe. I appreciate your kind words. Cool heart! I am going to have to start looking into some animations. :-)

Feb 14, 2009 04:54 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Hey, feel free to right click and save it for yourself--I don't care!  Have a GREAT day!

Debe in Charlotte

Feb 14, 2009 05:01 AM
C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

Very cool. Thank you. :-)

Feb 14, 2009 05:06 AM
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

C Tann-Starr (TannStarr.com TannStarr.ws REMAX People Realty)-Its sad what this housing market is making probably most honest hardworking people do. Like you said it is mortgage fraud when you fabricate information on a loan application. We can only pray that this housing market stabilizes soon. Things are going to get better. We have just to pray and be patient. Elizabeth Weintraub does write good articles on the www.about.com. Thanks for sharing this one with us. Have a great weekend C.Tann. Great post.

Feb 14, 2009 08:23 AM
C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

Hey Lanre, good to see you here, my friend. Thank you for your kind words and for stopping by. It is a shame, isn't it? Things are tough and people are desperate. I'm praying for improvements.

Feb 14, 2009 09:10 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi C: Actually, I stumbled across this in my google alerts this morning and was pleasantly surprised. You're so sweet to feature this. Thank you for being such a kind friend. I hope you had a wonderful V-Day. Excuse me, but I now I have to go write about worst-concert-ever.

Elizabeth Weintraub Land Park Real Estate Agent in Sacramento

Feb 15, 2009 01:44 AM
C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

Awwww. A bad concert always whomps. We go with such high hopes and expectations (LOL). I shall have to keep my eyes out for that one. :-)

Feb 15, 2009 02:05 AM