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	<title>Real Estate Business Mentors &#187; guidelines</title>
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	<description>Real estate and business news from Patrick Precourt and Bob Lachance</description>
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		<title>The Housing Market—Is Stability on the Horizon?</title>
		<link>http://realestatebusinessmentors.com/the-housing-market-is-stability-on-the-horizon/</link>
		<comments>http://realestatebusinessmentors.com/the-housing-market-is-stability-on-the-horizon/#comments</comments>
		<pubDate>Wed, 01 Jul 2009 07:31:43 +0000</pubDate>
		<dc:creator>Bob Lachance</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Investment]]></category>
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		<guid isPermaLink="false">http://realestatebusinessmentors.com/?p=215</guid>
		<description><![CDATA[By Amy Ransdell There are a lot of hopeful reports floating across the media that point towards housing recovery.  The National Association of Realtors reported that the Pending Home Sales Index jumped in April by the most in more than seven years.  The pace of job loss significantly slowed in May, housing sales are up [...]]]></description>
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		<title>How to Discount and Get a Short Sale Approved When There is Only a 1st Mortgage</title>
		<link>http://realestatebusinessmentors.com/how-to-discount-and-get-a-short-sale-approved-when-there-is-only-a-1st-mortgage/</link>
		<comments>http://realestatebusinessmentors.com/how-to-discount-and-get-a-short-sale-approved-when-there-is-only-a-1st-mortgage/#comments</comments>
		<pubDate>Thu, 14 May 2009 20:54:52 +0000</pubDate>
		<dc:creator>Bob Lachance</dc:creator>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">http://realestatebusinessmentors.com/?p=191</guid>
		<description><![CDATA[There are so many misconceptions about how to negotiate 1st mortgages versus 2nd mortgages when dealing with a real estate short sale! First off, one of the most important details to be aware of in today’s market is that the 1st mortgage is typically the lien holder that is foreclosing on the seller, and seeking [...]]]></description>
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		<title>When Doing a Short Sale: Stop Wasting the Foreclosing Lenders Time!</title>
		<link>http://realestatebusinessmentors.com/when-doing-a-short-sale-stop-wasting-the-foreclosing-lenders-time/</link>
		<comments>http://realestatebusinessmentors.com/when-doing-a-short-sale-stop-wasting-the-foreclosing-lenders-time/#comments</comments>
		<pubDate>Thu, 07 May 2009 19:21:36 +0000</pubDate>
		<dc:creator>Bob Lachance</dc:creator>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">http://realestatebusinessmentors.com/?p=185</guid>
		<description><![CDATA[The real estate short sale industry is booming and lenders are so overwhelmed with new and existing over debted properties in default that they need our help!  What I mean by that is, if you are doing short sales, please DO THEM correctly!  I keep getting feedback from lenders that there are too many investors [...]]]></description>
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		<title>UPDATE! Bank of America&#8217;s Short Sale Guidelines Have Changed</title>
		<link>http://realestatebusinessmentors.com/update-bank-of-americas-short-sale-guidelines-have-changed/</link>
		<comments>http://realestatebusinessmentors.com/update-bank-of-americas-short-sale-guidelines-have-changed/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 04:24:18 +0000</pubDate>
		<dc:creator>Bob Lachance</dc:creator>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">http://realestatebusinessmentors.com/?p=110</guid>
		<description><![CDATA[For those of you that have been doing lots of short sales lately, you’re likely aware that many second mortgages are requesting a minimum of 10% in order to agree to a short sale.  Bank of America is no exception to this.  They are now one of the lenders that request a minimum of 10%, [...]]]></description>
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