Short Sales..Recourse Loans…Foreclosure…Deed-in-Lieu
If there was a way to put a dollar in the piggy bank for every question we are asked about recourse loans and what the lender is going to do in the future....well...let's just say we could afford some great dinners on a regular basis! Being Real Estate Agents...
Don't Believe Everything you hear about Short Sales….
It's amazing the crazy things that "professionals" in the Real Estate industry are out telling the public! At a recent listing appointment I was shocked to hear from the homeowners that they were told by a "Short Sale Expert", that their lender would rather foreclose...
Obama Administration To Incentivize Servicers When They Approve Short Sales!
It's not everyday that we get such amazing news from the White House....today the Obama administration announced new and updated details regarding the Making Homes Affordable (MHA). Program updates include details on Foreclosure Alternatives. These alternative will...
Got Patience?….Someone Say Short Sales….
Great news today for anyone contemplating a Short Sale....Also validation that Banks don't want to Foreclose if there is another alternative. Citi Mortgage announced that their pre-foreclosure preventions outweighed their Foreclosures 10 to 1 during the first...
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