Archive for the ‘short sales’ Category

 

admin on Mar 11th, 2008Why are short sales so hard to do?

I got a phone call from a short sale negotiator asking for help. Why are short sales so hard to do, he asked?
The reason is that first, lenders regard loan servicing as a cost center. They don’t staff up to realistic levels needed to do real estate short sales.
Second, lenders don’t want to give investors […]

admin on Mar 8th, 2008Key to the mortgage bubble and the next Great Depression

 I am a big fan of Doug Noland and Prudent Bear. Doug recently wrote in his credit bubble report:
And when it comes to Credit Bubble analysis, the Rest of World (ROW) page in the Fed’s Z.1 “Flow of Funds” report is actually the one I contemplated the most (and with the greatest unease) this week.  […]

admin on Jan 18th, 2008Expensive homes and short sales

In my role of helping people with short sales and as the developer of the Mortgage Relief Formula home study course, I talk to people who owe more than their house is worth and can’t afford the mortgage payment.
A lot of the houses that people discuss with me are in the $200K range but many […]

admin on Dec 26th, 2007Sell your house fast - in nine days without a real estate broker

I have discussed how you can sell your house fast, without a broker. A lot of people want to sell quickly without a broker because they want to avoid real estate commissions, and also because brokers are often not doing a good job selling houses these days.
The nine day selling method is simple to follow:
1. […]

admin on Dec 21st, 2007Court judgements after foreclosure

I am indebted to IAmFacingForeclosure.com for bringing attention to an article about how when you have had a foreclosure, it isn’t over…the lender can still pursue you in court.
‘Q: My home was foreclosed on, resulting in my losing the home and the lender obtaining a judgment against me for $22,000. I then received a court […]

admin on Nov 19th, 2007“Sell My House Quickly” — sell in nine days

I enjoy reading the fantastic therealestatebloggers blog, and they have a great post today on what it is that makes your house sell quickly.
He focuses on pricing a home correctly, and I think he is dead on. I was out doing an information look at housing recently in a seaside southern city and was amazed […]

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