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Posts tagged short sale

Navigating the Short Sale Mine Field

How does Alise manage to complete so many short sales, when the national average for short sales that actually close is hovering around 60%? She takes it seriously. Alise doesn’t look as short sales as a way to get “leads” for buyers looking for a bargain- all the while hoping to direct their attention to an [...]

Why Would ANYONE Sell Their House Right Now?

I have heard this sentiment expressed over and over again the last few months. From the outside, it may seem a reasonable question. After all, a lot of the traditional “hold ‘em or fold ‘em” rules say “Hold”. Prices are (hopefully) settling at the bottom of the pre-boom 2003 pricing. Inventory is high, really high. [...]

Great news on Short Sales!

The new Home Affordable Foreclosure Alternatives Program has some really helpful new guidelines for the short sale process. As a short sale specialist who has had to navigate the shadowy, poorly regulated short sale halls for the last few year, I think most of these guidelines will really speed up the process if implemented.

New proposed changes to help distressed homeowners

All over the country, foreclosures are up for the 9th straight quarter. A report last week by the Mortgage Bankers Association listed that 14 percent of homeowners with mortgages are either behind in their payments or headed for foreclosure. In response, it has been announced that there some changes to its “Home Affordable Modification Program,” originally launced in [...]