Alternatives to Foreclosure
Most people facing foreclosure fear they are out of options. Contrary to popular belief, there are actually over a dozen…
Tag: Short Sale
Appliances or No Appliances? Should you keep or leave them in a Short Sale
I get this question a lot: “Since I’m short selling my house and not making any proceeds, can I keep…
Strategic Default
What is strategic default? Simply put: when you stop making payments despite having the ability to continue making the payments.…
Multiple Offers on Short Sale?
We get this question quite often on our short sale listings when we explain the property has an offer in…
Mission to MARS
On December 29th, 2010 the Federal Trade Commission put into effect new rules pertaining to short sales which will impact…
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…
Fun with Anti-Freeze.
I spent some quality time today with a contractor hired by a bank to winterize a home. The home is a…
Some banks resorting to [online] auctions…
Recently I watched an REO expire and relist on http://www.auction.com (still with representation of the listing agent). The home was…