by Kris and Kim Darney | Apr 20, 2014 | Luxury Homes, Short Sales Stop Foreclosure, Short Sell and Rent Back Program
Sure, short sales have come to a relative crawl after carving out a decent slice of the real estate market over the past couple years, but there are still some stragglers gaining bank approval and closing. One of the more notable short sales to sell this week was in...
by Kris and Kim Darney | Mar 14, 2014 | La Verne California, Short Sell and Rent Back Program, Via Verde California
In real estate showings, the Sunday open house is the gold standard. As the name implies, a property is open to just about anyone who learns of the showing in an online or print ad, drives by and sees the agent’s A-Frame sign, or receives a notification postcard in...
by Kris and Kim Darney | Nov 15, 2013 | Short Sell and Rent Back Program
California Association of realtors and California Senator Barbara Boxer received a letter from the IRS that clearly spell out the due to California’s protective laws for distressed homeowners, that the Internal Revenue Service will not pursue tax deficiencies on...
by Kris and Kim Darney | Nov 14, 2013 | Government Bills, Regulations and other news affecting, Short Sell and Rent Back Program
Back in early 2010, the Hardest Hit Fund (HHF) was established by the Treasury to help certain hard-hit states deal with heightened unemployment and foreclosure activity. A total of 18 states and the District of Columbia were allocated roughly $7.6 billion in federal...
by Kris and Kim Darney | Sep 25, 2013 | Government Bills, Regulations and other news affecting, Short Sell and Rent Back Program
Housing and Urban Development (HUD) just released updates to Pre-Foreclosure Sales (PFS) or Short Sales for FHA backed mortgages. What does this mean? If you list your FHA backed mortgage for short sale, your listing broker or agent may not represent the buyer as...
by Kris and Kim Darney | Jun 13, 2013 | Short Sell and Rent Back Program
Breaking News: Just announced today… Government sponsored Making Homes Affordable HAMP and HAFA programs have been extended through December 31, 2015. Here is the Supplemental Directive 13-04 announcing: sd1304