Short Sell and Rent Back My Home…I Need Help
Kim and I are on the short list of Real Estate Agents that are Certified under this US Government backed program... www.ShortSellRentBack.com If your a home owner or an Attorney, Broker or Agent wanting to learn more... Call us and we'll discuss next steps. Best,...
REO Sales Highest Through 2013…This Affirms Our thought on our Previous Blog
Funny...this affirms what we just blogged about in our last post...ROE's are outweighing everything and will continue to hold back market recovery. REO sales may not peak until 2013 Posted By JON PRIOR On October 17, 2011 @ 4:15 pm The sale of properties...
Bloomberg Reports that Short Sales May Drive Home Prices Up!
Interesting spin on Short Sales from Bloomberg Reports. Sounds optimistic, however, Bloomberg must not understand that the inventory of Pre Foreclosed homes exceeds the amount of short sales by 4 to 1...interesting read anyhow. Best...Kris By Kathleen M. Howley - Oct...
Los Angeles Home Sales … Foreclosures Lead Way…With Short Sales in 2nd
LA times reporting on Short Sales: California home sales picked up in September from the same month last year as prices came down. Sales were up 6.7% as bargain hunters paying cash snapped up foreclosures. Sales figures remained below the average for September in...
Governor Signs Important Legislation California SB 306
The California Senate passed SB306 today... After a lengthy conversation with Senator Calderon the bill was explained to be of use for Escrow and Escrow Officers to be able to have direct access to lenders to obtain Short Sale Pay Offs. Unfortunately, it is a...
Short Sales According To Countrywide…Really?
Countrywide can spell "NIGHTMARE" for a listing agent working a Short Sale with them. It's also a lesson in Patents for the Seller of the property. Yesterday while going through the dozen or so short sale files I have with them one thing was consistent with every...
Free Community Short Sale Workshops…
If you or someone you know could benefit from learning about a Short Sale this Free Community Workshop will be certain to help. Many people are looking for alternatives to foreclosure now that loan modifications are not an option. Or you may be in a negative equity...
Michael Jacksons Sister, LaToya Loses Home to Foreclosure
Word has it that LaToya Jacksons condo in Las Vegas was auctioned at forelcosure August 31... The 1,856 Sqaure foot condo located the the exclusive Regency Towers located at the Las Vegas Country Club, had $750000 in notes. It appears that she went into default in...
Wells Fargo Gives VP the Boot!
It appears that Wells Fargo plays no games with it's execs that take advantage of the system. Cheronda Guyton, a VP in Wells Fargo Foreclosure Assets division (and USC Graduate) was giving the "boot" after word spread that she was living in a recently "foreclosed"...
First Time Home Buyers Tax Credit Ends November 30, 2009
If your considering purchasing your first home...don't wait much longer to take advantage of the $8000.00 tax credit. You must meet the qualifications of the 1st Time Home buyer to Qualify. The tax credit is up to 10% of the purchase price of the property not to...
Home Prices Stabilizing? Not in the Immidiate Future
Another great article from our good friends at The Truth About Mortgage .com. The reason we read their articles is that they tell the truth and no sugar coating necessary... No spin...no hype. Fact is, the housing industries strategists are spinning their data to show...
1000 Banks Expected to Fail Over the Next 10 Years
In a recent article by The Truth About Mortgage .com, John Kanas (Heads BankUnited) states that he expects over 1000 bank failures over the next 2 years...primarily due to the mortgage crisis... "So far this year, 81 banks have failed, a large number by any stretch,...
Current State of The Real Estate Market
Tim Harris...Real Estate State of The Union You're under water and can't see the sky...listen now. Agents...you need to get involved and help your community. As a Real Estate Agent, you can't simply rape and pillage during these times...make a difference in your...
Wilshire…Say It Aint So! Foreclosure Over A Great Offer???
AKA...Quality Loan Service Corp.... This one has me baffled, these days most lenders have adopted some "new" process or rule when dealing with Short Sales. Story goes like this: We listed a home that had a pending foreclosure date about 7 months ago. Offers started...