Short Sale Agents arrange with mortgage lenders to agree to accept a mortgage payoff that falls short of the balance that is owed by a borrower. In other words, a bank agrees to accept less than what is owed on a borrower’s mortgage. Foreclosure is avoided through the short sale process, which is the primary [...]
Top Five Questions Homeowners Ask About Real Estate Short Sales
Top Five Questions Homeowners Ask About Real Estate Short Sales Question: Will I be responsible for the difference to my mortgage lender(s) or bank(s)? Answer: We as short sale agents and negotiators negotiate with lender(s) to release any and all liability of the homeowner. In some cases the lender(s) will even contribute a cash incentive [...]
REALTOR.com Report: Housing Inventory Down in the U.S.
According to the report September 2012 Real Estate Data Report via REALTOR.com, the number of housing units for sale was at 1.8 million units, which is a 17.77% drop from a year ago. Homes continued to fall in September in the year-over-year inventory basis. This report contains the total homes for sale in the United [...]
Any California Real Estate Agents Selling Water-Front Property?
As California real estate agents we come across hundreds, even thousands, of homes and other types of real estate. But how many California real estate agents sell only water-front property? Oh yes, I am sure there are up-scale agents that sell only homes on the Pacific Coast from San Diego to the Oregon border. But [...]
FANNIE MAE FREDDIE MAC REGULATOR FHFA SAY NO TO MORTGAGE PRINCIPAL REDUCTIONS
http://articles.marketwatch.com/2012-07-31/economy/32953833_1_principal-reduction-principal-reduction-fannie-and-freddie
Top Ten Legal Mistakes California Home Sellers Make
Below is a top ten list of home seller legal mistakes written and distributed by the California Association of REALTORS. Read the list and take heed, and if you need help selling your California home please feel free to call us. Call Now: (888) 9-List-It. That’s (888) 954-7848. Or just use the Contact Us form [...]
Real Estate News: Seizing Mortgages Could Yield Big Returns according to the Wall Street Journal
Real Estate News: Seizing Mortgages Could Yield Big Returns according to the Wall Street Journal: http://online.wsj.com/article/SB10000872396390443295404577547243807191280.html
