Foreclosures

Home Is Going to Auction, But When?

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 →

Independent Foreclosure Review – Here’s the 4-1-1

(Read the first few lines to the tune of Harry Chapin’s song, Cats in the Cradle.) A client called me just the other day, she received a letter in the most usual way. However, this one was surprising to her. It was a letter about the Independent Foreclosure Review process. As you may recall, the [...]

December 12, 2011 5 comments CONTINUE READING THIS POST →

Musings About the Famed Shadow Inventory

Crazy, crazy, crazy. One of the agents at my office just got an assignment for an REO. That’s great. Agents love REO assignments, and this wasn’t his first. Here’s the crazy part. When I was going over the paperwork, I noticed that the property had been foreclosed upon by the lender in 2008. I couldn’t [...]

August 4, 2011 2 comments CONTINUE READING THIS POST →

One Foreclosure Alternative – Deed-in-Lieu

We often talk about different short sale incentive programs—HAFA, TAP, Bank of America Cooperative. Some of these programs also offer options and incentives for borrowers who are considering a deed-in-lieu of foreclosure. I do not write about deed-in-lieu very much, but thought it an appropriate topic since I have gotten a few calls and emails [...]

June 6, 2011 5 comments CONTINUE READING THIS POST →

Announcing Free Information About Short Sales, Foreclosures, and Credit

One of the most common questions asked by short sale sellers has to do with the impact of a short sale on an individual’s future ability to borrow. While many folks cannot even imagine buying a home again after their short sale, foreclosure or deed-in-lieu, others make this a primary concern. Many people do actually [...]

May 30, 2011 4 comments CONTINUE READING THIS POST →

If You Thought Day-Old Bagels Were Tough to Chew…

There was an interesting (and tough to digest) report on 60 Minutes on Sunday about the sorry state of the real estate industry—particularly the state of titles on properties that have already been foreclosed. As a result of a massive paperwork nightmare, it seems that in many cases the validity of the title and the [...]

April 6, 2011 3 comments CONTINUE READING THIS POST →

Short Sales and Day Old Bagels – It’s All Better with Cream Cheese

I read an article in the Los Angeles Times on March 29, 2011 that reported on a proposed settlement that would force certain lending institutions to permit short sales for delinquent homeowners. After a little bit of additional research, I learned that the meeting written about in the Times article was a meeting of government [...]

April 2, 2011 4 comments CONTINUE READING THIS POST →

Super Helpful Comparison of Short Sale and Foreclosure

Today at one of my webinars, an agent typed in her request that I review the different consequences of short sale versus foreclosure. I’m pretty sure that I’ve written about that before, but I decided to prepare a handy little chart that would help agents and their clients by providing an overview of the consequences [...]

February 19, 2011 6 comments CONTINUE READING THIS POST →

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Short Sale Expeditor

c/o Broadpoint Properties
DRE# 01851888
220 West Second Avenue
Escondido, CA 92025
Phone: 760-839-3838
Fax: 858-345-3879
Quick Email:info@shortsaleexpeditor.com
Important Notice: Broadpoint Properties, Inc, (doing business as Short Sale Expeditor®) is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.