Real Estate Business Mentors

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 [...]

In today’s real estate environment, it seems like everything that is either bought or sold is a short sale. With a successful short sale comes a host of other sometimes unknown things; two of them being either a potential deficiency judgment or tax liability to the seller.  When it comes to determining how these two [...]

We have been watching our government layout plan after plan to stabilize the housing market.  Finally—we are hearing parts of the puzzle that make sense to real estate agents and investors alike, whom are currently performing short sales by the truckload. The U.S. Treasury Department, in a recent press release, has encouraged homeowners and servicers [...]

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 [...]