We have been watching our government layout plan after plan to stabilize the housing market.  Finally—we are hearing parts of the puzzle that make sense to real estate agents and investors alike, whom are currently performing short sales by the truckload.
The U.S. Treasury Department, in a recent press release, has encouraged homeowners and servicers to [...]

There are so many misconceptions about how to negotiate 1st mortgages versus 2nd mortgages when dealing with a real estate short sale! First off, one of the most important details to be aware of in today’s market is that the 1st mortgage is typically the lien holder that is foreclosing on the seller, and [...]

The real estate short sale industry is booming and lenders are so overwhelmed with new and existing over debted properties in default that they need our help!  What I mean by that is, if you are doing short sales, please DO THEM correctly!  I keep getting feedback from lenders that there are too many investors [...]

The simple answer is: by remembering one key thing; the homeowner of the property is the seller, NOT the bank.
Too many so-called real estate professionals get this completely wrong. First off, all offers must be presented to the seller and it is the seller’s decision, with the professional assistance of their real estate agent or [...]

With BILLIONS of dollars set aside to help homeowners who are facing hardship with homes that are “underwater”, the Government’s new plan is designed to prevent a tidal wave of foreclosures.  The question is “will it”?  Will it affect the number of homeowners who will need a short sale?  The plain and simple answer to [...]

Let’s face it.  Homeowners today are faced with many different financial and personal issues; from interest rates being reset, to property tax hikes, to job losses.  These issues and many more, are forcing many homeowners to have to sell their homes. Which means that a vast majority of these properties will require a short sale [...]

Our job as real estate short sale negotiators is to essentially, “make everyone in the transaction happy.”  In some cases, that is much easier said than done.  In other cases, everything comes together quickly and smoothly, and it seems like we get off the hook almost too easily.  Now, while the latter situation definitely occurs [...]

The Change on how Lenders process Short Sales is finally here! Lenders now WANT your Short Sale Offers!
Contrary to popular belief, lenders are now more and more agreeable to working with short sale specialists and are asking us for any and all offers!  Although it seems like we’re constantly fighting against them, in recent weeks [...]

One word…ego.
And the factor that amplifies this ego is the unfortunate fact that we are in a buyer’s market.  Buyers and their agents know that for deals to be successful, their offers are needed.  They know they hold all the cards and that sellers and foreclosing lenders alike are desperate for those short sale [...]

Whether you are a licensed real estate agent or an active real estate investor you will come across homeowners that are in the process of foreclosure and need to understand what options they have available in order to best assist them.  More and more properties that are listed for sale, on many state and county [...]