The Housing Market—Is Stability on the Horizon?

The Housing Market—Is Stability on the Horizon?

By Amy Ransdell
There are a lot of hopeful reports floating across the media that point towards housing recovery.  The National Association of Realtors reported that the Pending Home Sales Index jumped in April by the most in more than seven years.  The pace of job loss significantly slowed in May, housing sales are up and [...]

How to Discount and Get a Short Sale Approved When There is Only a 1st Mortgage

How to Discount and Get a Short Sale Approved When There is Only a 1st Mortgage

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 [...]

When Doing a Short Sale: Stop Wasting the Foreclosing Lenders Time!

When Doing a Short Sale: Stop Wasting the Foreclosing Lenders Time!

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 [...]

How Should Agents Handle Multiple Offers?

How Should Agents Handle Multiple Offers?

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 [...]

Short Sale Tsunami – Catch the Wave

Short Sale Tsunami – Catch the Wave

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 [...]

The 3 Biggest Misconceptions that Real Estate Agents have about Short Sale Listings

The 3 Biggest Misconceptions that Real Estate Agents have about Short Sale Listings

First of all, “yes” some short sales take long to sell and “yes” some short sale listings can be frustrating.  But let me tell you this; not all are created equal! With a little patience and a little creativity you can overcome some of the shortcomings of listing pre-foreclosure/short sale properties and make a lot [...]

Short Sale Video Documentary Series – Part 1

Short Sale Video Documentary Series – Part 1

We are doing a video documentary series on an actual short sale from the start of the short sale process all the way to the end. We are starting this video series (part #1) with the seller already on board and ready to sell their property. As you will see in this 1st video, we [...]