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- NACA - I Am Really Concerned about the Conselor I Had!! I Need Help- Auction is 6-14Forum: NACA Posted By: christyhaz Post Time: 05-24-2012 at 07:12 PM […]
- New Home Sales Increase Over 3% in AprilForum: Real Estate & Property Investing Posted By: Evan Bedard Post Time: 05-24-2012 at 06:11 PM […]
- Negotiating with a 1st who has already shown their hand?Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: walkin Post Time: 05-24-2012 at 05:00 PM […]
- New to all of thisForum: Wells Fargo Home Mortgage Posted By: janie Post Time: 05-24-2012 at 03:18 PM […]
- New here... hardship letter helpForum: Loan Modification Posted By: PAoptimist Post Time: 05-24-2012 at 03:12 PM […]
- Home Values in Regional Markets Have Yet to BottomForum: Real Estate & Property Investing Posted By: Evan Bedard Post Time: 05-24-2012 at 02:43 PM […]
- HARP refinancing with LPMI in OregonForum: HARP Mortgage Loan Program Posted By: SODogLover Post Time: 05-24-2012 at 02:32 PM […]
- Results of Wells Fargo Foreclosure MediationForum: Wells Fargo Home Mortgage Posted By: cosmojinx Post Time: 05-24-2012 at 01:22 PM […]
- Steamline Refinance, Verification of EmploymentForum: FHA Loans, Requirements & Rates Posted By: twojp Post Time: 05-24-2012 at 10:30 AM […]
- Secured loan against paid off house... good credit, income under the tableForum: Home Equity Loan Posted By: entrepreneurguy Post Time: 05-24-2012 at 09:38 AM […]
Short Sale
Does a Short Sale in the Condo Complex Lower all Prices There?
(Source: The Boston Globe by Rona Fischman) – Mike wrote to me with a question that is on the mind of anyone who owns a condo in a building where there is a short sale or foreclosure.
Preventing Foreclosures By Making “Short Sales” Easier
FRESNO, California (Source: KFSN Linda Mumma) — California realtors are calling on lenders to do more to prevent families from going into foreclosure. This after a recent survey found more than half of Central Valley realtors characterized closing short sale [...]
Mediation Efforts Fail To Stem Foreclosure Tide
PRINCE GEORGE’S COUNTY, Md. (Source: MSNBC By Kat Aaron and Mary Kane) — On a hot summer evening, two second-year law students are trudging through the leafy neighborhoods of suburban Prince George’s County, knocking on doors. Toting stacks of fliers, [...]
An Insider’s View of Surviving a Short Sale
(Source: Chicago Tribune By Jim Buchta) – Chris Willette became a short-sale expert the hard way: He did his own. Almost three years ago, the Edina (Minn.) Realty sales agent found himself in the unenviable position of having to persuade [...]
Tortured By Bank Of America
(Source: Cornado Eagle and Journal) – Last weekend an open house was held at our former home at 1502 Glorietta Blvd. The Broker, representing Bank of America is asking less than $1.9 mm for this beautiful property. We bought the [...]
Q&A: How to Survive a Short Sale
(Source: By JIM BUCHTA Star Tribune (Minneapolis) – Chris Willette became a short-sale expert the hard way: He did his own. Almost three years ago, the Edina (Minn.) Realty sales agent found himself in the unenviable position of having to [...]
Short Sales, Foreclosures Taint Myrtle Beach Area Real Estate Market
(Source: The SUn News By Adva Saldinger) – The Grand Strand real estate market remains in a precarious position as sales waver and prices continue to drop, according to data released Monday.
Short Sales Are Targets For Mortgage Fraud
SAN DIEGO (Source: KBPS By Erik Anderson) — California investigators say there are a lot of people trying to take advantage of the complicated short sale process. Short sales happen when people try to sell their homes for less than [...]
Chase Borrowers Getting Cash to Complete Short Sales
(Source: Sun Sentinel By Paul Owers) – Chase, one of the nation’s largest lenders, is quietly offering some homeowners a deal they think is too good to be true.
Are Short Sales Driving Prices Down?
(Source: DanvillePatch By Lauren Holloway) – I receive Real Estate magazine in my mailbox each month. This is a magazine that is part of my real estate association membership, and always has some pertinent articles in it.
Living Through the Short-Sale Process…
(Source: CPBJ Now By Jeff Geoghan) – Short sale: The dreaded process by which a homeowner undertakes to sell their home for less than they owe on the mortgage, asking their creditor to take a loss and forgive the outstanding [...]
Avoid ‘Charge Off’ in Short Sale
(Source: OC BY CHRIS DIAZ) – Register Dear Sir: I currently have an equity line of credit (2nd), which I have been attempting to modify with the bank (Indy Mac or Bank West). They have been unresponsive although I have [...]
New Short-Sale Contracts Upsetting Realtors
(Source: Herald Tribune By Michael Braga) – New short-sale contracts issued by two of the largest banks in the country are causing concern in the local real estate community.
Home Equity and Short Sales
(Source: Seeking Alpha by: Tim Iacono) – I’m a little late getting to this WSJ story about the Corelogic report on negative home equity and what often follows it – a short sale. But, it seemed worthwhile to bring it [...]
Ask a Real Estate Pro: Do I Still Owe the Bank After a Short Sale?
(Source: Sun Sentinel By Paul Owers) – Lawyer and real estate consultant Gary M. Singer answers housing questions in this space each Friday.
Short Sales Getting Faster
(Source: Mercury News By Eve Mitchell) – When it comes to short sales, the real estate transaction involving a mortgage that is worth more than the home it is tied to has long belied its name as a quick deal.
Short Sales Gain More Acceptance
(Source: KPBJ Rodika Tollefson) – The sharp dropped in real estate values that left many homeowners “upside down” in their loans (owing more than the home is worth), which gave rise to shot sales — banks agreeing to allow homeowners [...]
California Court Says Bank Needs to Keep Promises
(Source: International Business Times By Bob Hunt) – Most everyone who has been exposed to day-to-day conversations about short sales and loan modifications has heard countless stories of bank errors, misstatements, bad faith, and downright duplicity. More often than not, [...]
Parents worry a foreclosure could stall student loans
(Source: NJ.com) -Q. My husband and I invested in a rental home in Florida when prices were at their highest about six years ago. Since then we had some financial setbacks and are currently trying to sell that rental home. [...]
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