I’ve run across this a few times. IT IS ILLEGAL Most recently I had been requested from GMAC…It’s clearly in violation of REPA laws. FASLO Solutions is another violator…they go as far as having an agreement outside of escrow between buyer and FASLO…Thats no lie!
Wells Fargo Short Sale Approved! Crazy story! – Fresno, CA
Wells Fargo Short Sale Approved! – Fresno, CA I got another short sale approved, this property has a first and second mortgage both with Wells Fargo. This short sale was a very interesting one. In my negotiations with Wells Fargo I felt like I was dealing with a bi-polar, split personality, schizophrenic crazy person. ….. Read More
Why Would YOU Keep An Upside Down Home? – Fresno, CA
Let me be 100% clear…I didn’t write this post…its from another blog…. With that said, he makes many excellent points…points I DO agree with. Read this and share your comments. Source: Market-ticker.denninger.net I’m tired of the repeated bull-crap from the media and various carny barkers about “moral obligations” to meet your payments on underwater property.
Fresno Short Sale Approved!! NO HARDSHIP & NO Missed PAYMENTS!
Just received another approval on a Fresno area short sale! Great looking place in the Woodward Lakes, Fresno. This was an exciting one because the homeowner had not missed a payment and REALLY didn’t have a hardship
Good news for Fresno Homeowners Behind on Their Mortgage: Feds Incentivize Short Sales
This is great news for Fresno homeowners. I’ve been expecting this for quite a while, and really, it’s just the beginning. Short sales are the best option for homeowners in Fresno right now. It saves your credit from foreclosure and completely eliminates the debt. And the new trend as of late, is getting homeowners who… Read More
Should Homeowners Be Able To Walk Away From Mortgage?
Must watch video: Here is the bottom line…according to this professor..not only has the negative social stigma of a foreclosure gone away…but, now doing a strategic default (short sale or foreclosure) is seen as being financially smart… What’s YOUR opinion? Please comment below.
Foreclosures: Even Those with Good Credit, Jobs are Walking Away
Interesting article… I’ve noticed this trend as of late. Most of the short sales I’ve listed the past couple months haven’t had a true “Financial” hardship. It’s been more of a business decision for the homeowners to drop their “Toxic Asset” and move on with their life. Via: ecreditdaily.com The foreclosure crisis is taking a… Read More
Investors Fade While Short Sales Soar
Published: Nov. 20, 2009 By Steve Cook Real Estate Economy Watch Investors buying homes to rent or sell accounted for only 15 percent of the housing market last month as they competed with large numbers of first-time homebuyers flooding the market to buy in time to qualify for the first-time homebuyer credit. The percentage of… Read More
