What Your Clients May Not Know About Strategic Default

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While the short sale game has been around for some time, there are still a number of sellers that are considering selling their home as a short sale—perhaps because the are irritated because they are upside down on their mortgage or perhaps because they need to sell right now. Many of these sellers are current […]

More Mortgage Settlements 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 that […]

There’s More to Short Sales Than Bank Negotiations

A not-so uncommon challenge with short sales (aside from the negotiations, lender delays, and general hurdles in the process) is that borrowers who have not made their mortgage payments due to lack of finances may also have difficulty paying other bills. Those other bills could become collection accounts, and even abstracts of judgment or liens […]

New Fannie Mae Site 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 that […]

IRS Clarifies Ruling on Taxes and Short Sales

Short Sale Negotiations

Late last year, as the Mortgage Forgiveness Debt Relief Act was set to expire, there was lots of newsworthy conversation as to how the real estate market would weather the storm. That is, with the Debt Relief Act about to expire, would underwater borrowers still see any benefit to listing their homes as short sales? […]

Loan Mods, Gag Orders, 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 that […]

Shady Business Practices Revealed on Craig Sewing Show

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You’ve probably heard that Google Capital invested $50M in Auction.com This would indicate that Google recognizes that online home auction sites are a future trend. However, Short Sale Expeditor® and Broker, Melissa Zavala, recently was invited as a guest on the Craig Sewing Show (KCBQ 1170 AM) where she answered all sorts of questions about possibly […]

Shill Bidding in California 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 that […]

Dump Tech-Resistant Agents 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 that […]