Rescue Me?  The Forgotten Victims of Foreclosure

Rescue Me? The Forgotten Victims of Foreclosure

Rescue me?   OK. I’m an animal lover. No, I’m not a card carrying member of the often fanatical PETA group, but an animal lover nonetheless. Particularly dogs – and especially Labs and Golden Retrievers. I’ve had pets all my life. I can’t ever remember not having a dog. Our last Yellow Lab – before our current Golden [...]

The Buyer’s Lender An Added Obsticle To Short Sales?

The Buyer’s Lender An Added Obsticle To Short Sales?

Dealing with the seller’s lender(s) to complete a short sale can be frustrating enough. Now, due to the spring/summer buying season, the number of refi’s and general economy issues, we are finding it increasingly difficult to get the buyer’s loan approved within the time frame of the short sale acceptance provisions – usually 30 days or less.

The End Of Short Sale Flips?

The End Of Short Sale Flips?

Whether you agree with the short sale flipping method of buying and selling real estate or not, it has become a popular method of making money through short sales.    Short sale flipping is done where an agent or investor submits a contract with the seller – usually as an option contract.  The contract price [...]

Texas Senate Passes New Foreclosure Law

Texas Senate Passes New Foreclosure Law

I’m not fond of “Big Government”.  Nor am I a fan of “Excessive Government Oversight” of business.    Is oversight necessary?  Absolutely!  But in my opinion, laws that are made to protect “the public” usually swing so far to the other side that everyone is negatively affected, even those that are supposed to be protected.  [...]

New HAFA Changes

Banks Reacting to Federal Call for Foreclosure Moratorium

NEW YORK, Feb 13, 2009 (BUSINESS WIRE) – “To reiterate the commitment made by Chief Executive Officer Vikram Pandit to the House Financial Services Committee on February 11, 2009, Citi is taking the necessary steps to help American homeowners keep their homes. As part of this commitment, Citi has initiated a foreclosure moratorium on all [...]

Short Sale Tips By PreForeclosureGrind

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Will FANNIE MAE accept a short sale loss of $125K or greater?

Posted by Bob Lachance in Featured Articles, Investment, Preforeclosure, Real Estate, Short Sales on 01 4th, 2011
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