Providing No Cost Short Sale Processing For Agents and Homeowners
Get Your Short Sale Questions Answered Here! Get your short sale questions answered by our team of real estate agents, negotiators, attorneys, mortgage brokers, title companies and more. Just add a comment to the post, and we will answer your questions usually within 24 hours or less. RSS feed your question to get an immediate [...]
Free Short Sale Webinar by two national attorneys that will demystify the fog surrounding national issues of legality and fraud in short sales.
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 [...]
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.
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 [...]
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. [...]
Starting March 1, 2009 the loan servicers on Fannie Mae loans cannot require brokers to reduce their commissions as a condition of the short sale approval. Exception is if the total commission is more than 6%. Ask if it is a Fannie Mae loan and if so sendover the Fannie Mae Announcement with the short [...]
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