Posts about Short Sales as of July 27, 2009

by Guest Author on July 27, 2009

How To Sell A House On Your Own FSBO
07/27/2009
The worsening level of joblessness across the country is driving the rise in number of foreclosed new homes. In June, the nationwide unemployment was 9.5 percent, and with the current economic difficulties, analysts are expecting the jobless rate to surpass the 10-percent level in 2010. In a nationwide study of foreclosure … Source: www.foreclosurelistingsnationwide.com Tax Foreclosure Sale When you bid on the tax foreclosure sale often you must pay the amount with cash or cashier checks.
Pre-Approved Short Sales Do Not Existrealscottsdaleliving.com
07/27/2009
I see questions about this all the time, and I understand what the confusion is.  I recently pushed a new buyer through on a previous buyer’s approval on a short sale listing that I had, and the lender accepted the new contract, but it took some work, because the terms had changed and we had to fight for a new letter of agreement.  It was not easy, and it was certainly not a given that it would be accepted just because the last contract was.
07/27/2009
Ever since it was taken away, the subject of the uptick rule has been central in many debates. Most feel that the rule should never have been removed, and many feel that it was the removal of the uptick rule that brought this nation into the financial crisis. The fact of the matter is that there are many factors involved in why the nation is where it is in financial terms, and while the uptick rule plays a role in that, it is not the sole reason for our current situation.
07/27/2009
There are calls for the ban on selling sperm and eggs to be reconsidered. Related posts: Obese men have worse sperm quality than leaner men (Reuters) Reuters – Obese men are more than three times as… Yahoo! open to sale, partnership for search business (AFP) AFP – Internet pioneer Yahoo! is open to selling its… U.S. SEC told not to revive uptick short-sale rule (Reuters) Reuters – Financial professionals, academic experts and the U.S. broker-dealer…
yawnallykat.wordpress.com
07/27/2009
Donuts are just cake that is socially acceptable to eat in the morning. I don’t know what that comes up since I don’t like eating donuts in the morning, never the less any other part of the day. It’s just something that poped into my head when I was splurging on ice coffee this morning. A Dunkin Donuts opened around the corner from us. Yay ice coffee.I am so tired today. Not a whole lot to write about. The bank approved the short sale, the buyer backed out. We are back to square one, just deeper in debt and further past due.
07/27/2009
$167,000 :: 12692 W Orion Greens St, Boise ID, 83709 See All 10 Photos at boise idaho real estate 4 beds, 2 full 1 part bathsSize: 2,009 sq ft Lot Size: 8,712 sq ftAdded: 07/23/09, Last Updated: 07/27/09Property Type: Residential, Single FamilyMLS Number: 98409346Community: SW Boise-MeridianTract: Three Oaks Sub Short Sale. Immaculate 2 story with 4 bedroom, 2.5 [...]
07/27/2009
I was very frustrated last week.  We lost a short sale that we have been working on since February. A distressed seller contacted me.  She had gone through some personal troubles and fallen behind on her house payment.  She was supposed to be refinancing, but that fell through as well; she …
07/27/2009
Aloha, Per the Friday Garden Island newspaper “Heavy summer rains led to flash flood warnings Thursday, soaking anything outdoors and twice closing the Hanalei Bridge. The bridge, first closed at 10:45 a.m., was reportedly reopened at 2:45 p.m., but was later closed again. Furthermore, a road crew with the state Department of Transportation was forced to clear a mudslide on Kuhio Highway in the Kalihiwai area, closing one lane of traffic, said a press release from county spokesperson, Mary Daubert.
07/27/2009
Real estate industry experts are anticipating an increase in the number of New York commercial properties on bank foreclosure list this year. They pointed out that many short-term commercial property mortgages are due for refinancing. …
Real Housewife Short Salecotohousingblog.com
07/27/2009
Housewife Home Why does it seem like so many folks who were or are on the real housewives show have such a difficult time with their real estate, especially those who are realtors? Does anybody remember how much the Barneys were asking for their home the last time it was listed for sale?  Or does anybody know how much Bravo is paying per episode?  I know Jeana is not on the show this season, but isn’t Tamara?  And why doesn’t 3 Pointe Circle show a recorded deed?
New Listing: 10704 E Platabradmaclay.featuredblog.com
07/27/2009
Check out this new Single-family property that I just posted on my Web site. It is at 10704 E Plata in Mesa. This Single-family property has 3 bedrooms and 2 baths. Remarks: SHORT SALE PROPERTY, THIS HOUSE IS IN GREAT SHAPE AND READY TO MOVE IN. NEW FLOORING AND PAINT INSIDE. SHADED LANDSCAPE. SELLER PREFERS TO RENT BACK FROM THE OWNER AFTER THE CLOSE FOR $ 950 PER MONTH. .
New Listing: 8845 W Virginia avebradmaclay.featuredblog.com
07/27/2009
Check out this new Single-family property that I just posted on my Web site. It is at 8845 W Virginia ave in Phoenix. This Single-family property has 4 bedrooms and 2 baths. Remarks: SHORT SALE DEAL HERE! VERY NICE HOME WITH A SWIMMING POOL AND GAZEBO. THIS FOUR BEDROOM 2 BATH HOME IS IN GOOD CONDITION AND READY TO MOVE IN. THERE IS A SEPARATE LIVING AND FAMILY ROOMS, VAULTED CEILINGS IN ALL OF THE ROOMS AND TWO CAR GARAGE.
New Listing: 8845 W Virginia avebradmaclay.featuredblog.com
07/27/2009
Check out this new Single-family property that I just posted on my Web site. It is at 8845 W Virginia ave in Phoenix. This Single-family property has 4 bedrooms and 2 baths. Remarks: SHORT SALE DEAL HERE! VERY NICE HOME WITH A SWIMMING POOL AND GAZEBO. THIS FOUR BEDROOM 2 BATH HOME IS IN GOOD CONDITION AND READY TO MOVE IN. THERE IS A SEPARATE LIVING AND FAMILY ROOMS, VAULTED CEILINGS IN ALL OF THE ROOMS AND TWO CAR GARAGE.
07/26/2009
A new study reveals that 26 percent of mortgage defaults across the country are based on strategic economic decisions to bail out of loans by owners who actually have the money to make the payments but can’t stomach the negative equity they’re carrying. I’m not surprised, although I think there’s a ‘back story’ here.  Not all these owners are callous fools– some may be in tenuous economic positions.
07/26/2009
Short Sales represent 24% of the homes currently for sale in Maricopa County, and a whopping 44% of our “pending” inventory, but “pending” is about as far as many short sales get.   Since January, only 10% of homes closed in Maricopa County were short sales.  I’ve heard the banks are starting to try to get these short sales closed and last month we did see a slight improvement with 14% of our closed sales coming from short sales.
07/26/2009
Amidst the latest national foreclosure figures which reached a whopping 1.5 million for the first half of the year, the number of California properties belonging to foreclosed home listings dropped during the period covering April to June. According to the report released by a research firm, the number of homes lost foreclosed homes Real estate industry experts are anticipating an increase in the number of New York commercial properties on bank foreclosure list this year.
How NOT to do a BPOethicalforeclosurefortunes.com
07/26/2009
www.shortsalesriches.com In this video, Nathan J.,the Short Sale Kid, shows you how NOT to do a BPO! … How NOT to do BPO realty house sell money tampa florida educational income opportunity mortgage preforeclosure “short sales” [short sale] DC Facwett Nathan Jurewicz short sales riches Chris McLaughlinTagged as: “how, BPO, chris, dc, Do, educational, Facwett, florida, house, Income, Jurewicz, McLaughlin,
07/26/2009
$249,000 :: 192 E Burney Glen Court, Meridian ID, 83646 See All 10 Photos 4 beds, 3 bathsSize: 2,821 sq ft Lot Size: 9,583 sq ftAdded: 08/15/08, Last Updated: 07/26/09Property Type: Residential, Single FamilyMLS Number: 98396330Community: NE MeridianTract: Burney Glen SubThe price of this listing was last reduced on 7/26/2009 by 2% SHORT SALE! This beautiful custom home [...]
07/26/2009
Homes in Tahoe Donner are selling! 4 homes sold during the week of July 19-25, 2009. 1 sold for $271,250, 1 for $365K, 1 for $395K, and 1 for $525K. The average days on market was 57 days, and the average original list to sales price was 89%.  6 homes went under contract last week! 18 Tahoe Donner Homes are now under contract.  8 new homes came on the market last week. There are now 176 active single family homes listed in Tahoe Donner. The absorption rate is currently around 10% and there is about 9 months of inventory remaining.
07/26/2009
I was very frustrated last week.  We lost a short sale that we have been working on since February. A distressed seller contacted me.  She had gone through some personal troubles and fallen behind on her house payment.  She was supposed to be refinancing, but that fell through as well; she …
Bellingham / Sudden Valley Open Housejohnsonteamrealestate.com
07/26/2009
 Real Estate Open Houses in Bellingham and Sudden Valley   For those interested in attending an Open House in Bellingham, Sudden valley or Whatcom County this week-end, it has never been easier. The Johnson Team at the Muljat Group has historically held open-houses throughout Bellingham and Whatcom County every week on Sunday afternoons. For you, these Bellingham / Whatcom County open houses will provide not only the opportunity to view a home “live” but also to meet one of four dedicated agents.
07/26/2009
by Mark Bradley Have you ever heard of Real Estate web 2.0? Well, it is a kind of social website that can be used in order to promote a certain business. In these days wherein people shift on using the internet, it will be wiser for businessmen especially those who are in the field of real estate to use these modern tools for their advantage. Secrets of Real Estate Social Marketing[Real Estate Social Marketing] Things we thought that are impossible to happen are now happening.
07/26/2009
Is It too Late For A Foreclosure Defense Attorney? by Bella HollyWhen the first signs of foreclosure become noticeable, you should definitely try to contact a Philadelphia foreclosure defense lawyer. Of course, it is better to contact an attorney later than never at all, but the sooner you begin building a defense for your case, the better chance you stand of keeping your home.
07/26/2009
The market had a slight dip for 10 minutes this morning at the open and rebounded up. Many stocks had their buy entry on this reversal this morning and should resume this uptrend that has been going on for 2-4 months. The Dow30 was up 1.4% and the S&P 500 up 1.2%. The Asian markets were up sharply tonight at the open and sold off. As we go higher and higher, the market will tend to get more nervous and more news events may be treated as an excuse to sell.
07/26/2009
FoodSustainable : Sale is a poem by the world famous poet Mira Mataric. Enjoy! Carlwattsartist.com http://short.to/jd8b 2009-07-26 14:42:20 · Reply · View trendycouples : Real Estate Agents, List Bank Reo, Foreclosure, Short Sale, Bpo.: http://bit.ly/K78XI 2009-07-26 14:40:03 · Reply · View Homes_Atlanta : Atlanta Real Estate Short-Sale, +/-2.72 acre, beautiful house with basement (Cumming/Alpharet..
07/26/2009
by Terry Cason If you are considering buying a home or listing your home for sale with a Gwinnett Realtor, there are some important questions and factors to consider. Initially, you need to find a Gwinnett Realtor who really knows the market area. You don’t want to get in a car to look at properties with an agent who gets lost! You also do not want to list your property with an uninformed new agent who knows nothing about market conditions in your area.
07/26/2009
I need to get out of my house because it has become unaffordable. A short sale has been suggested to me. I have been in my house for 1 year and my home value has plummeted about 25K(I live in AZ) so I am not able to refinance.Will a short sale hurt my [...]
Sellers Win In A Buyers Marketreal-estate-info.org
07/26/2009
In a buyers market it is sometimes very difficult for a homebuyer to find a house. Even with all of the market conditions favoring the buyer over the seller the buyer may be at a disadvantage. Due to the influx of houses on the real estate market the conditions are ripe for homebuyers to pick up deals on houses that are bank owned, short sales of sellers wanting to avoid foreclosure and legitimate home sellers that are anxious to move.
07/26/2009
Author : Angela Stringfellow The new incentives offered as part of the Making Home Affordable Program entice lenders to accept proceeds from a short sale as full satisfaction of a loan, and offer $1,500 to homeowners to help with relocation costs Short sales are already a more affordable option for lenders in comparison to foreclosure, but this program is designed to enable even more homeowners to avoid foreclosure status This program also includes a streamlined process designed to make the short sale process easier So why do you need a short sale expert?
Posts about Foreclosures as of July 26, 2009reallybetterrealestate.com
07/26/2009
Mediation proposed as foreclosure fix – rosiebuyshouses.com 07/26/2009 Center for American Progress urges feds to fund local programsread more Press Release on the HAMP Program – goldsteinandclegglaw.com 07/26/2009 The United States Treasury Deptartment published a press release in March of this year that details the new Home Affordable Modification Program (”HAMP”).  I have written many blog posts with respect to this program and have personally been able to use this program
07/26/2009
Lost a Short Sale- But Keep On Trudging – rosiebuyshouses.com 07/26/2009 I was very frustrated last week. We lost a short sale that we have been working on since February. A distressed seller contacted me. She had gone through some personal troubles and fallen behind on her house payment. She was supposed to be refinancing, but that fell through as well; she … 15 Apr the Daily Stock Report – business-base.com 07/26/2009 The market had a slight dip for 10 minutes this mor
Phyllis’s Real Estate Q & Alos-angeles-real-estate-blog.com
07/26/2009
If you are an LA Times subscriber in the Glendale, Burbank or Foothills neighborhoods, you may have read my weekly Real Estate Q&A. Is it too soon for Mom to give up her home? How do we start planning? Short Sale drama, should we remove our contingencies? Read Phyllis’s Q&A …
07/26/2009
by Michael Geoffrey People who are dealing with the issue of foreclosure are usually in need of some guidance in relation to mortgage foreclosure solutions. These solutions can help you keep your home and limit family problems related to foreclosure. There are lots of nonsensical, dramatically emotionally ways to deal with foreclosure. For example, you could run screaming down the street. The grand majority of these style solutions, however, are not going to do anything to help you in any real way.

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