4 Years Until Foreclosure and Other Housing News

Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs for distressed borrowers. Or, there are hot topics that […]

Can Short Sale Sellers Still Get Relocation Assistance?

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Relocation Assistance for Short Sale Sellers I had a call the other day from an agent in Southern California who wanted to know whether sellers can still get short sale assistance money or relocation assistance money. So, here’s the answer to that question: yes, no, and maybe. How do you like that for clarity? Let’s […]

HOA Foreclosures – A Huge Pain in the Derrière

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We’ve had a lot of conversations—you and I—about the ways in which a homeowner’s associations (HOA) can wreak holy warfare on your real estate transaction. It doesn’t matter whether it is a short sale or a regular sale. We’ve discussed in great detail that there are certain things that homebuyers and home sellers must know […]

The Truth About Tax Sales and Other Real Estate News

Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs for distressed borrowers. Or, there are hot topics that […]

How to Breathe Life into Your Next Real Estate Transaction

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How to Breathe Life into Your Next Real Estate Transaction Real estate transactions are often very, very difficult to close. This is such a well-known fact that Real Estate Coach Brian Buffini is able to poke fun at those challenges by comparing a floundering real estate transaction to an individual in need of a defibrillator. […]

Mortgage Debt Relief May Be Returning Very Soon

Mortgage Debt Relief News Big news, folks! The Senate Finance Committee just passed a two-year retroactive extension of mortgage debt relief for households who’ve had mortgage debt forgiven by a lender as part of a loan modification or short sale. This is the first step in the process, and this legislation still needs to be […]

Weekly Housing News – Local Real Estate Couple Is Jailed

Each and every week, there are things going on that impact housing news and the real estate market. Sometimes there are big changes to federal and state policies that impact the distressed property world. Other weeks, there is business news and distressed property news about government programs for distressed borrowers. Or, there are hot topics that […]

Elegados Get Jail Time for Mortgage Fraud Scheme

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The U.S. Attorney General’s office filed charges against Eric and Charmagne Elegado of Escondido for their role in a $50 million fraud scheme. According to prosecutors, Charmagne Elegado was the mastermind of the mortgage scam, and her husband, Eric, was involved in the marketing, parking Bentleys and Ferraris outside of his get rich quick seminars. […]