Tag Archives: short sale

The Housing Market—Is Stability on the Horizon?

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 [...]

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Is the Government Finally “Attempting” to Assist in the Short Sale Debacle?

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 [...]

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How to Discount and Get a Short Sale Approved When There is Only a 1st Mortgage

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 [...]

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When Doing a Short Sale: Stop Wasting the Foreclosing Lenders Time!

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 [...]

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