As everyone is well aware of, our economy is not in the best place at the moment.  In order for it to be able to recover, it will require money to start flowing freely through it.  Part of how that can be accomplished is when more money is spent on various goods and services.  Every [...]

By Amy Ransdell
First, let’s all acknowledge the elephant in the room…according to the National Bureau of Economic Research we have been in an official recession since December 2007 that will likely be considered the longest and likely to exceed the reach of the last three “mini” recessions. With the combination of massive government spending, [...]

In today’s real estate investing industry there are so many so-called “Gurus,” whether they are real estate agents or platform speakers, which are teaching the niche of short sale investing the wrong way! One of the things that they often fail to hit the mark on is the issue of when to list a property [...]

Foreclosing banks lose everything!
By Bob Lachance
If I were to ask you what you thought was one of the biggest causes of short sales failing, what would you guess?  No buyers?  A high BPO or appraisal?  While those challenges can certainly kill a short sale, they usually aren’t the leading causes.  Perhaps the biggest mistake we [...]

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 [...]

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 [...]

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 [...]

Whether you are the listing real estate agent or an investor, perhaps one of the most important aspects to a short sale is to make sure that the buyer on any given property can actually close, and that they aren’t just wasting everyone’s time.  With tighter lending guidelines these days, buyers are not only taking [...]