Alternatives to Foreclosure
Most people facing foreclosure fear they are out of options. Contrary to popular belief, there are actually over a dozen…
Tag: Foreclosure
Fannie Mae & Freddie Mac Owner Occupancy Rules: 3 things you need to know.
We get a lot of questions from investors looking at Bank Owned Properties. There is a lot of confusion around…
Alternatives to Short Sales
Sometimes you find yourself between a rock and a hard place trying to make ends meet. It’s not always clear…
Strategic Default
What is strategic default? Simply put: when you stop making payments despite having the ability to continue making the payments.…
Online Foreclosure Auctions, great values but watch out…
Everyone loves a good auction. For some reason Auctions get everyone excited and though not very common, most people believe…
REO Asking Price vs. Market Value – sometimes they aren’t so far apart.
A common misconception with bank owned homes is that the bank is itching to get rid of them and will…
Bank of America : Hurry up and wait, a story of one short sale fiasco.
We had a great experience with a Bank Of America Short Sale this year.We’ve been working a short sale on…
How much does it cost to buy a home?
Great question! There are four main cost centers we like to point out to those who are in the market…
Banks Halt Foreclosures, REO Transactions, Spokane Affected
10/8/10: UPDATE: BANK OF AMERICA HALTS FORECLOSURES IN 50 STATES. See on Reuters. Many of you have seen the news…
The affects of Foreclosures on Credit.
I came across an awesome article today by the Arizona Mortgage team. Which answered a question I get – ALL…