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

Little Hope for Homeowners in Obama Speech – Fresno, CA

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Little Hope for Homeowners in Obama Speech – Fresno, CA VIA: Housing Predictor By Mike Colpitts Facing stiff political opposition, rising protests over government bail-outs and growing anger President Barack Obama delivered his first State of the Union Address without mentioning the foreclosure crisis. But he spent plenty of time addressing the financial crisis, reining… 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

Are We At The Bottom In Real Estate..Will 2010 Be The Year Of Recovery?(Videos) Fresno, CA

Are We At The Bottom In Real Estate..Will 2010 Be The Year Of Recovery? – Fresno, CA You simply must watch this 60 minutes video…. This was originally aired about 12 months ago…worth watching now to gauge how much the real estate markets have improved…or (in many cases) gotten worse. In this video you learn… Read More

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

Good news for Fresno Homeowners Behind on Their Mortgage: Feds Incentivize Short Sales

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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?

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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.

Staggering Housing Data Released

Warning!! Watching this video may damage those “Rose Colored” glasses most have been wearing. 1) 14.4% of ALL mortgages delinquent or already in foreclosure in the US.  That is a historic record. 2) PRIME borrowers (NOT SUB-PRIME) borrowers are now the leading edge of this epic housing mess. 33% of all delinquencies (and those already… Read More