Rental Demands Grow, Consumer Price Index Proves Home Ownership Declining…Short Sales Up
Eric Audras | Photoalto | Getty Images Couple looking at properties in window of real estate agency. Take a look at this article just released from Diana Olick...it's pretty clear that if you have rental properties your doing alright in this down economy. Rents are...
Dr. Phil Sheds Beverly Hills Home; Asking $6.25Million
Source: TheHollywoodGossip.com Dr. Phil McGraw has been in and out of the celebrity real estatespotlight this year with several transactions. Last year, Dr. Phil and his wife, Robin, bought an enormous hillside place for a whopping $29.5 million. The couple...
Tighter Credit Limits…Home Ownership Could Continue To Drop
Short Sales, Foreclosures, Strategic Foreclosure…Home Ownership Dropping More Than Expected
This is a very interesting article written by Diana Olick, one of my favorites to follow from CNBC when it comes to finding out what's going on in the housing market. Diana is a straight shooter and pulls no punches when it comes to the real truth...good or bad. When...
Countywide…loan modification…are they serious???
With loan modifications all over the news and our government “pressuring” lenders to find a solution, I would have expected more from the biggest mortgage whore in the free world, Countrywide. A client of ours was facing foreclosure. Countrywide is their mortgage...
If your a home owner and can't make the Payments READ THIS…SB1137
If you have purchased a home in California during the time period of 2003-2007 California State Bill 1137 and are in danger of loosing your home you will want to understand this new law. Effective on or around September 8th mortgage lenders doing business in...
Short Sale Myths….Fact or Fiction? #1
We are offering this series as a guide to help you overcome the myths as they relate to the Short Sale process of selling your property. Question: How many months late do I have to be on my mortgage to qualify for a short sale? Answer: You don’t have to be late at...
Urgent Short Sale Myth Breaker…..!!!!!
No Qualifying Needed to Short Sale! If you can't make the Payments you can sell your home using a Short Sale. We received a call from one of our “bloggers” asking us what they need to qualify to Short Sale their property. Within a few seconds of speaking with this...
Short Sale Myths….Fact or Fiction? #2
There are so many myths about short sales. Here's a very common question with an answer that will probably surprise you: #2 Q: I just missed a payment and I know I will miss more...how long does the foreclosure process take and is there time to do a short sale? A: The...
Short Sale Myths….Fact or Fiction? #3
It's amazing when we talk to sellers about the dynamics of a Short Sale and learn that the information that was given by real estate professionals that proclaim to be knowledgeable in dealing with Short Sales. Let's start with one of our most asked questions: #1 Q: I...
Do you hate your mortgage broker?
An agent from Chicago is firing back at the mortgage industry. Sweet revenge? www.IHateMortgageBrokers.com
The Hope for Homeowners Act of 2008…Who qualifies? Will it help me?
Questions and answers about the Hope for Homeowners Act of 2008, passed by Congress last weekend to try to steer as many as 400,000 struggling homeowners away from foreclosure:
Buyers of Short Sale Homes Are Getting Great Value for their Patients and Holding Power!
Short Sales…those two words hold more mystery and intrigue than the best Bond movies! No matter if you’re the buyer or the seller there’s a lot going on behind the scenes while waiting on the banks to respond to the “offer.” Kris and I specialize in listing these...
IndyMac…Short Sale Approval!…No Not Really, Well, Ok But…It's Gonna Cost You!
Not that you want an education on Short Sales, I know to some people it's like speaking a foreign language. I'll try not to bore you, but just a little insight that will hopefully help you to understand just how amazingly Crazy this day has been. Often during the...