Archive for April, 2012

CDPE Agent

CAN THE ROBO-SIGNING SETTLEMENT HELP ME STAY IN MY HOME OR STOP FORECLOSURE?

CAN THE ROBO-SIGNING SETTLEMENT HELP ME STAY IN MY HOME OR STOP FORECLOSURE?   The news has been abuzz in the past few weeks about the historic Robo-Signing Settlement reached between the government and five major lenders. Chances are you have a lot of questions: What is robo-signing? Which banks are involved? How much money […]

New FHA Collections Rule Almost Killed Two Of My Short Sales

New FHA Collections Rule Almost Killed Two Of My Short Sales

Two weeks ago, we received buyer contracts for two of our short sales – each FHA buyers.  While both had credit histories that would qualify them for a FHA loan – both had over $1000 in disputed collections, one was just $1,200. As neither had locked in their loans or an established a “loan case […]

Agents Face High Risks with Bank of America New Third Party Authorization

Agents Face High Risks with Bank of America New Third Party Authorization

Bank of America is requiring a new third party authorization form (TPA) starting April 14th…. Today’s guest post features excerpts from attorney Ron Ballard’s recent article featured on his blog. Read the original post here in its entirety: Monday, April 2nd, 2012 at 11:06am Agents Face High Risks with Bank of America New TPA Posted […]

Short Sale Specialist

Are There Alternatives To Bankrupcy When Facing Foreclosure?

Are There Alternatives To Bankruptcy When Facing Foreclosure?       Considering Bankruptcy?   There may be alternatives you’ve never considered.  Millions of homeowners today are having difficulty making mortgage payments, and bankruptcy may seem unavoidable. However, it is crucial to understand the consequences and alternatives to bankruptcy, which may include the short sale of […]

FIDUCIARY AND LEGAL RESPONSIBILITIES OF REALTORS RELATING TO SHORT SALES - Part II - Explaining to the Homeowner What Their Options Are.

FIDUCIARY AND LEGAL RESPONSIBILITIES OF REALTORS RELATING TO SHORT SALES – Part II – Explaining to the Homeowner What Their Options Are.

FIDUCIARY AND LEGAL RESPONSIBILITIES OF REALTORS RELATING TO SHORT SALES – Part II – Explaining to the Homeowner What Their Options Are.   First my disclosure:  I am not an attorney.  This is a Part II of 4 RE-Blogs from one of my consulting attorneys regarding a important subject on fiduciary responsibility for those of […]