This video training series “Why Short Sales Fail” is designed to help real estate agents understand how short sales work. We will cover the 10 things you must know about short sales in order to receive fast approvals and help your clients avoid foreclosure. Please visit my site here http://equatorsniper.com for complimentary access to my ...…
In my last article I gave you some ideas of what lenders look for to approve a loan modification. If you take a look at your financial situation and your numbers do not fall into this, unfortunate small range, then a short sale might be your best option. The key to a fast and easy ...…
Phoenix Metro Area Price Range Statistics for March 6th 2011 Below is a chart of all active homes on the Phoenix, AZ MLS for March 6th, 2011. Now is a great time to purchase a home in the Phoenix area as 36% of all active homes are listed under $100,000 and 75% are listed under ...…
With the media constantly telling stories of the “mean old bank” foreclosing on desperate people with children and pets and seemingly tossing them out onto the street, a home owner who now discovers that they are in trouble has to wonder, “Does my bank really want my house?”. While there isn’t a catch-all answer to ...…
The media focuses primarily on short sales as being the best option for home owners who are experiencing a financial hardship. What if you just need to move and you are upside down on your mortgage? Well a financial hardship is not the only acceptable reason that a lender will typically approve a short sale. ...…
HousingPulse Distressed Property Index The United States amount of total residential distressed home transactions climbed from 47.2% in December 2010 to 49.6% in January 2011 according to the HousingPulse Distressed Property Index or DPI. This increase was way up from the November percentage of 44.5%. With these percentages in mind, the USA could see distressed ...…
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