February 2012

The Skinny on Short Sale Negotiations

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Some people don’t know this about me, but I don’t just live and breathe short sales. I’m also a world traveler. Not sure how many countries I’ve visited; I’ve lost count. My favorite places to visit are those that are not so westernized. I love to see how other cultures do things, how they live, [...]

February 29, 2012 1 comment CONTINUE READING THIS POST →

Home Is Going to Auction, But When?

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Just the other day a California agent contacted our office because she was looking on one of the foreclosure platforms and noticed that her client’s home was going to foreclosure auction on March 29th. This agent was in a panic. The short sale package was already at the bank and under review. “How could they [...]

February 27, 2012 1 comment CONTINUE READING THIS POST →

Short Sales – What’s Newsworthy this Week

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It’s always our goal to help you stay on top of the latest and greatest news. Hey… you already are ahead of the game—brave enough to stare short sales in the face and take short sale listings. Here’s a recap of some of the interesting stuff that went on this past week in the distressed [...]

February 24, 2012 0 comments CONTINUE READING THIS POST →

Mortgage Debt Relief Act Deadline May Be Extended

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You probably could’ve seen this one coming even if you didn’t have a crystal ball. The Mortgage Forgiveness Debt Relief Act of 2007, which was set to expire at the end of this year, may, in fact, be extended. This would definitely be good news for anyone still on the fence about listing their home [...]

February 22, 2012 3 comments CONTINUE READING THIS POST →

How to Stop a Foreclosure

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I suppose this article could also be entitled, “How NOT to Stop a Foreclosure.” I received a call recently from an agent who took a short sale listing on a home that was dangerously close to foreclosure. That is, the borrowers had missed upwards of eight payments, and the lender had already filed all of [...]

February 20, 2012 2 comments CONTINUE READING THIS POST →

Latest Distressed Property News

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It’s always our goal to help you stay on top of the latest and greatest news. Hey… you already are ahead of the game—brave enough to stare short sales in the face and take short sale listings. Here’s a recap of some of the interesting stuff that went on this past week in the distressed [...]

February 17, 2012 2 comments CONTINUE READING THIS POST →

Robo-Signing Settlement – Debacle May Soon Be in the Past

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Hindsight is usually 20/20, and it seems that the great robo-signing debacle of 2010 may soon be in our past. You recall the incident, right? When news agencies began reporting that banks were foreclosing willy-nilly without being able to prove that they had the legal right to do so. Well, that’s all gonna be over [...]

February 15, 2012 0 comments CONTINUE READING THIS POST →

Short Sale Negotiations – Colonel Mustard Style

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Remember when it was Colonel Mustard in the dining room with the lead pipe? Well, that would be a much smoother and more efficient death than what you might see in the wacky world of short sales. If a short sale were like a game of Clue (by Hasbro), instead of a lead pipe you [...]

February 13, 2012 5 comments CONTINUE READING THIS POST →

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