Top 10 Fresno Seller Short Sale Questions, Answered.

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Top 10 Fresno Seller Short Sale Questions, Answered. Number 10 Q. I can’t make my house payments but I do have an ability to pay back all or part of the negative equity. Also, I want to preserve my credit score…is a short sale right for me? A. Probably not. In cases where the seller… Read More

Should You Choose a Short Sale Over a Foreclosure?

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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… Read More

Six steps to take before agreeing to a short sale of a home

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Source: 7Online Although some economic indicators hint that the U.S. economy is moving toward a recovery, home values are still suffering from a serious economic hangover. Many home owners are putting off a sale until prices recover. But some owners must sell immediately, even at a loss. Selling a home for less than the debt… Read More

Strategic Defaults Increasing Dramatically | Why Keep An Upside Down Home? – Fresno, CA

Why should a home owner keep paying on a home when they are upside down? Is there some sort of moral aspect to paying on a mortgage even when its so severely upside down that the ‘home owner’ has become…in essence…a tenant with their mortgage company as their landlord? You might be surprised to learn… Read More

(Short Sale Fraud) Short Sale Supervisor Talks to a Real Estate Agent – Recorded Conversation

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Via: jeremybrandt.com The Short Sales and Bank Fraud story continues to gain traction. After CNBC aired the story we brought them, dozens of other media outlets, bloggers and authorities have contacted me to discuss this topic. Here is the story of how this fraud initially came to our attention, along with the evidence to back… Read More

Foreclosure Crisis..Getting Worse, Much Worse (Video) Fresno, CA

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… Read More

Short Sale 2nds Taking Illegal Kick Backs

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

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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

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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!

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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