you may think that after negotiating a short sale with the bank, that its over. Well according to a recent Wall Street Journal article this may not be true. Get all your information correct and clear from your Real Estate Agent handling your Short Sale.
Investors looking to acquire houses through short sales just might be in for some good news. One of the largest holders of second liens in the U.S., the Bank of America, says it’s relaxing its policy on payoffs connected with short sales. That’s important because large banks have been major impediments standing in the way…
You can’t turn the television on without commentary about how it’s the end of the world in real estate. Everyone is talking about prices coming down, down, down, down. The market may have a ways to go, but a lot of investors are starting to think that it’s at or near the bottom, and coming…
Anyone who has hit a speed bump knows there’s a right way and a wrong way to take this arbitrary, often irrational, obstacle to your intentions. The recession is a speed bump, a big one, but just a speed bump. If it is taken the right way, it will not be a barrier to a…
All the talk in the news media is negative. We need to be positive and accept that we are in a realigning to reality. Stop listening to negative reports today. A recent survey released by Trulia, a real estate search engine, community forum center and reporter of market trends and data, found that a “crisis…
Hud list of approved Hope for Homeowners Lenders HUD officials have compiled a list of lenders participating in the HOPE for Homeowners program, which they say could help as many as 400,000 homeowners avoid foreclosure by refinancing problem loans into new 30-year fixed-rate mortgages insured by the Federal Housing Administration. When released by the…