Share information people can use...
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 Short Sale Agent in this country should be aware of.
Added by Short Sale Guru on July 29, 2011 at 10:44am — No Comments
By: Dave Roos
The ancient roots of the word "mortgage" come from Old French: mort for "death" and gage for "pledge." Anyone at risk of defaulting…Continue
Added by Short Sale Guru on July 28, 2011 at 2:34pm — No Comments
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 masses. Groups specializing in bringing human power to help…Continue
Added by Short Sale Guru on July 28, 2011 at 9:29am — No Comments
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 public auction – creating a long-term drag on neighborhoods that…Continue
Added by Short Sale Guru on July 28, 2011 at 9:09am — No Comments
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 the payment of those fees in the short sale.
As a real…
Added by Short Sale Guru on July 27, 2011 at 9:44am — No Comments
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 housing aspirations.
Take the notion that you will…
Added by Short Sale Guru on July 26, 2011 at 3:22pm — No Comments
By: Eric Wolff
To short sell or not to short sell, that is the question.…Continue
Added by Short Sale Guru on July 26, 2011 at 3:21pm — No Comments
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. The deal went smoothly but took eight weeks. The seller's bank…Continue
Added by Short Sale Guru on July 26, 2011 at 3:20pm — No Comments
Distressed Properties May Pose Buying Opportunities
Added by Short Sale Guru on July 21, 2011 at 10:57am — No Comments
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 the only option.
There's also a short sale.
Added by Short Sale Guru on July 19, 2011 at 4:41pm — No Comments
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 (MARS) Rule against real estate brokers and their agents who…Continue
Added by Short Sale Guru on July 19, 2011 at 11:59am — No Comments
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…
Added by Short Sale Guru on July 19, 2011 at 11:24am — No Comments
US Relaxes 'Short Sale' Rule For Real-Estate Agents
Added by Short Sale Guru on July 18, 2011 at 11:46am — No Comments
Short Sale Fraud a Major Problem in the Housing Market
Mortgage lenders are being ripped off in droves by investors committing short sale fraud, according to a new CNN Money article. However, as noted in the article,…Continue
Added by Short Sale Guru on July 18, 2011 at 11:01am — No Comments