Top 5 Ways to Ensure a Quicker Short Sale Closing

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Short Sale Expeditor® just returned from some “west and welaxation” (think Elmer Fudd) at the Short Sale Expo in Palm Desert, California this past weekend. Melissa Zavala, Broker and Short Sale Expeditor® was part of a panel of four top notch short sale experts that were assigned the task of speaking on the Top 5 [...]

May 6, 2013 0 comments CONTINUE READING THIS POST →

Weekly Short Sale Roundup – We’re Still Talking Taxes

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Each and every week, there are things going on that impact the short sale business. Sometimes there are big changes to federal and state policies that impact short sale processing and the distressed property world. Other weeks, there is news about government programs for distressed borrowers. Read below to learn about some of the interesting stuff [...]

May 3, 2013 0 comments CONTINUE READING THIS POST →

Independent Foreclosure Review Funds and the 2013 Tax Return

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If you have been following all of the conversations about Independent Foreclosure Review, we are in the midst of a torrent of “checks in the mail” as 4.2 million homeowners are receiving their remuneration (or settlement disbursements) for foreclosures, loan mods, and short sales gone bad (kind of like Girls Gone Wild). Checks can range [...]

May 1, 2013 14 comments CONTINUE READING THIS POST →

Wells Fargo to Roll Out Enhancements to Equator Closing Workflow

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If you are a regular user of Equator, then you probably have mixed feelings about Wells Fargo’s use of the Equator platform. Many agents complain that the successful use of Equator for Wells Fargo short sales is more difficult than obtaining a Doctoral Degree in Physics. In fact, short sale agents across the nation email [...]

April 29, 2013 0 comments CONTINUE READING THIS POST →

Weekly Short Sale Roundup – Folks Getting Big Bucks

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Each and every week, there are things going on that impact the short sale business. Sometimes there are big changes to federal and state policies that impact short sale processing and the distressed property world. Other weeks, there is news about government programs for distressed borrowers. Read below to learn about some of the interesting stuff [...]

April 26, 2013 0 comments CONTINUE READING THIS POST →

Why Your Next Short Sale May Not Close

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In a market with a clear inventory shortage, buyers and their agents are clamoring to find properties to purchase. It’s tough out there, and many agents are writing upwards of ten offers in hopes of getting a single one approved. Having recently attended a risk management meeting lead by a prominent real estate attorney, I [...]

April 24, 2013 6 comments CONTINUE READING THIS POST →

Latest Updates to HAFA – Policy Changes Released February 1, 2013

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The Home Affordable Foreclosure Alternatives program (HAFA) has gone through all sorts of changes over the last 4 years. The latest update to the Treasury program (Supplemental Directive 12-07) was released on February 1, 2013. Here are some of the most notable changes to the HAFA program in this latest directive (summary courtesy of Bank [...]

April 22, 2013 0 comments CONTINUE READING THIS POST →

Weekly Short Sale Roundup – Investors and the Short Sale Market

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Each and every week, there are things going on that impact the short sale business. Sometimes there are big changes to federal and state policies that impact short sale processing and the distressed property world. Other weeks, there is news about government programs for distressed borrowers. Read below to learn about some of the interesting stuff [...]

April 19, 2013 1 comment CONTINUE READING THIS POST →