Short Sales in Your Future?

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 […]

What to Do When the Short Sale Negotiator Is Stupid

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I’m not going to name names, but I was eavesdropping when one of the short sale processors at Short Sale Expeditor® was on the phone with one of the major lending institutions. She was about to lose her cool. The short sale negotiator at the lending institution was not the brightest bulb on the Christmas […]

Bubble Bursts 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 […]

Warning! Housing Bubble May Be About to Burst

Housing Bubbles Wouldn’t you like to go out for Chinese food tonight and get a fortune cookie with a fortune that told you the direction of the housing market? I would. But, when have those fortunes been reliable anyway? That being said, there have been quite a few articles published recently about the fact that […]

Gen X in the Weekly 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 […]

HomePath Loan Program to Be Discontinued

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What Is HomePath®? HomePath® is the official foreclosure (REO) website for Fannie Mae. “HomePath” refers not only to the homes available for sale on the website, but also to a special loan program offered to eligible buyers for the purchase of Fannie Mae owned properties. Loan Program to Be Discontinued Fannie Mae recently announced that […]

Your Labor Day Weekend Housing News Roundup

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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 […]

When a short sale is not short

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This is a common enough problem that is bears mentioning here. A short sale is only a short sale if the total of the amount owed to all the lien holders plus any additional costs of sale exceed the purchase price. A short sale is not a situation where the seller has missed multiple payments […]

Agent Ratings and Other Housing News

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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 […]

Does Fannie Mae Own Your Client’s Loan?

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Dear Short Sale Expeditor®: I’ve read that Fannie Mae and Freddie Mac are changing things all this time–not only with respect to short sales, but also in their guidelines for when short sale sellers can purchase again. That’s all well and good, but, how do I know if my client’s mortgage is owned by Fannie […]