by Kris and Kim Darney | Nov 8, 2013 | Fannie Mae, Government Bills, Regulations and other news affecting
Great news for (previous) short sellers who have been forced to remain on the sidelines because their short sale was being (mis) reported as a foreclosure on their credit reports. Fannie Mae has designed a fix for a computer software problem that erroneously reported...
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 | Sep 19, 2013 | Luxury Homes
According to new research from Forbes, The 400 richest people in the U.S. are now worth a record total of $2 trillion. Entry into this prestigious group starts at a net worth of $1.3 billion, while the average net worth of the group is $5 billion. Topping the 400...
by Kris and Kim Darney | Sep 18, 2013 | Luxury Homes
Heading into fall, Zillow Digs users are loving rooms that draw the eye higher. We looked at Zillow Digs usage across the country, and of the top 10 photos currently trending on Digs, more than half feature spaces with dramatic ceilings, including crown molding, wall...
by Kris and Kim Darney | Sep 13, 2013 | Advice on Selling with No Equity in Southern California, Short Sales Stop Foreclosure
It’s crazy…I was just reading an article from Richard Davies (ABC News) stating that the housing foreclosure crisis is clearly over! Yay! Bollocks to you Richard Davies! You’re clearly high off the Obama fumes. Recent numbers place California in...