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July 2011 Blog Posts (14)

Beware of ING Direct Short Sales

 

Beware of ING Direct Short Sales

 

By Chris Ann Cleland

 

 

 

 

 

This past week, I got an ING Direct Short Sale to closing. Getting there was full of directives from ING Direct that every…

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Added by Short Sale Guru on July 29, 2011 at 10:44am — No Comments

How Amortization Works

 

 

How Amortization Works

By: Dave Roos

 

 

The ancient roots of the word "mortgage" come from…

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Added by Short Sale Guru on July 28, 2011 at 2:34pm — No Comments

The New Cause: Protesting Foreclosures

 

 

The New Cause: Protesting Foreclosures

By: Jenny Pisillo

 

 

It's happening across the country and around the world. Defaulting homeowners at risk of getting evicted from their house are getting assistance from the…

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Added by Short Sale Guru on July 28, 2011 at 9:29am — No Comments

Foreclosures Create Long-Term Drag on Neighborhoods, Study Finds

 

Foreclosures Create Long-Term Drag on Neighborhoods, Study Finds

 

By Adrian Burns

 

 

 

 

 

 

A new study has found that foreclosed homes often stay vacant long after they’re sold at…

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Added by Short Sale Guru on July 28, 2011 at 9:09am — No Comments

Community Law: Unit Owner Has Right To Records On Assessments

 

Community Law: Unit Owner Has Right To Records On Assessments

By: Joe Adams

 

 

 

 

 

Q: When negotiating a short sale, the lender often requests a copy of a ledger showing the breakdown of association fees that are past due in order to approve…

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Added by Short Sale Guru on July 27, 2011 at 9:44am — No Comments

Debunking Popular Real Estate Myths

 

 

Debunking Popular Real Estate Myths



 

 

 

 

 

When it comes to real estate, all is not always as it seems. Many buyers — and some sellers — labor under misconceptions that could sink their…

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Added by Short Sale Guru on July 26, 2011 at 3:22pm — No Comments

Housing: Should I Short Sell?

 

HOUSING: Should I Short Sell?

New California laws change the strategy of distressed homeowners

 

By: Eric Wolff

 

 …

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Added by Short Sale Guru on July 26, 2011 at 3:21pm — No Comments

Short-Sale Deal May Depend on Providing an Appraisal

 

 

Short-Sale Deal May Depend on Providing an Appraisal

By:Ilyce Glink

 

 

We are closing on a house next week. It's a short sale in a nice neighborhood at a huge discount. All the papers are in order.…

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Added by Short Sale Guru on July 26, 2011 at 3:20pm — No Comments

Bargain Shopping: Distressed Properties May Pose Buying Opportunities

 

 

 Bargain Shopping:

 Distressed Properties May Pose Buying Opportunities

 

 





…

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Added by Short Sale Guru on July 21, 2011 at 10:57am — No Comments

Short Sale Can Help Homeowners Avoid Foreclosure

 

 

Short Sale Can Help Homeowners Avoid Foreclosure

 

 

 

 

 

 

For homeowners upside-down on their mortgage - owing more on the loan than the house is worth - foreclosure isn't necessarily…

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Added by Short Sale Guru on July 19, 2011 at 4:41pm — No Comments

FTC Stays Enforcement Of Several Key MARS Provisions

 

FTC Stays Enforcement Of Several Key MARS Provisions

 

 

 

 

 

 

 

The Federal Trade Commission (FTC) says it will not enforce most of the provisions of its Mortgage Assistance Relief Services…

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Added by Short Sale Guru on July 19, 2011 at 11:59am — No Comments

Six Tips for Buying a Short-Sale Home

 

 

Six Tips for Buying a Short-Sale Home

 

 

 

 

 

 

 

1. Get help from a short-sale expert



A real estate agent experienced in short sales can identify which homes are being offered as short sales, help you…

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Added by Short Sale Guru on July 19, 2011 at 11:24am — No Comments

US Relaxes 'Short Sale' Rule For Real-Estate Agents

 

 



US Relaxes 'Short Sale' Rule For Real-Estate Agents



 

 …



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Added by Short Sale Guru on July 18, 2011 at 11:46am — No Comments

Short Sale Fraud a Major Problem in the Housing Market

 

Short Sale Fraud a Major Problem in the Housing Market

 

 

 

 



Mortgage lenders are being ripped off in droves by investors committing short sale fraud,…

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Added by Short Sale Guru on July 18, 2011 at 11:01am — No Comments

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