If you want a crystal ball so that you can look into the future…discovering what will happen next in your real estate market…this new report (and video) is it.
Bottom line our foreclosure ‘crisis’ is getting worse…much worse.
Talking points from the video:
* How bad is the foreclosure problem? “Setting new records daily….120% increase over 2 years … Read More
Foreclosure Crisis..Getting Worse, Much Worse (Video) Fresno, CA
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.
Should You Choose a Short Sale Over a Foreclosure?
Source: Elizabeth Weintraub, About.com Guide
A reader asks: My husband and I have been making our mortgage payments every month even though our home is underwater. We owe a lot more than our home is worth. Now, my husband has lost his job. We’re thinking about walking away from our home and letting it go to foreclosure, … Read More
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 troubling turn. … 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 first-time buyers … Read More
Short Sale Tip of the Month
Short Sale Tip of the Month
Complete Short Sale Packages—Back to Basics
You MUST be certain to submit a complete short sale package to each lender!
This may seem like ShortSale101. So, no offense to the veterans among us. But, one of the number one reasons a short sale is denied or a short sale file is closed is … Read More
Should I buy a Fresno Short Sale or the Fresno Foreclosure?
I’m frequently asked to explain the difference between a Fresno short sale and a Fresno foreclosure property. Fresno buyers in today’s market who are cash heavy and have a flexible time frame may be in the best position to purchase one of these Fresno short sale properties.
Short Sales:
A short sale is when a home owner … Read More
