America's Largest Social Network for Default Real Estate Professionals
Added by Don Alexander on May 28, 2012 at 7:19pm — No Comments
Here's my gripe...National Property Preservation Companies, a great concept if they hire the right local contractor, BUT when they don't it can be a nightmare. May I introduce some of my recent encounters?
John aka the drunk guy- He was supposed to meet me at a property to bid on some fire damage repair. He missed two appointments, and then…Continue
A veteran—whether Active Duty, Discharged, Retired, National Guard or Reserve—is someone who, at one point in his or her life, wrote a blank check payable to “The United States of America” for an amount of “up to and including my life”.
Added by Agustin J. Cantens on May 27, 2012 at 1:15pm — No Comments
Our market remains dynamic!
A quick summary:
Our market continues on a very long, slow but steady improvement trend. By many measures this improvement trend began in 2009/2010. See list to sold ratio charts, inventory charts, sales price charts etc.
As usual, the media is slow to recognize subtle changes and is just beginning to pick up on the accumulated improvement, adding positive influence to the difficult to measure but ever important perception…Continue
Added by Robert Page on May 24, 2012 at 3:31pm — No Comments
If you have a home loan through Bank of America and you are currently concerned about making your payments or your home is worth less than you owe, you may qualify for a short sale incentive from …Continue
Added by Michael Collins, CDPE, SFR on May 24, 2012 at 2:08pm — No Comments
If you receive a letter from Chase Bank stating that you are eligible for a short sale incentive, please do not throw it away. It is not a scam.…Continue
Added by Michael Collins, CDPE, SFR on May 22, 2012 at 10:59am — No Comments
Here is how it may make a difference.
Some homeowners owe more on their homes than the home is worth,…Continue
Added by Marcy Moyer on May 22, 2012 at 2:12am — No Comments
Added by Michael Collins, CDPE, SFR on May 21, 2012 at 2:15pm — No Comments
Many homeowners who are having trouble paying their mortgages will stop opening their mail from the lender. It is understandable to feel, what is the point? I can't pay and nothing they say to me will change that. However, if your lender is Chase you may want to open that letter.
Chase is giving relocation assistance to some homeowners who are in default if they agree to short sell their…Continue
Added by Marcy Moyer on May 18, 2012 at 2:28pm — No Comments
Short Sale Relocation Assistance Program:
Your clients could receive
$2,500 to $30,000 in relocation assistance
Your financially distressed clients want to avoid foreclosure. You want to help them. So do we!
That's why Bank of America is excited to announce that for a limited time, we are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer…Continue
It is no secret Mountain View as well as most of the Silicon Valley is experiencing multiple offers on homes for sale. While this is great for sellers, it can be extremely frustrating for buyers, and their agents. After losing 5-10 homes a buyer will unquestionalbly start to doubt their agent. They may feel that their agent is doing something wrong and maybe it is time to find someone else.
Will this work? Maybe, but there are limits to what a…Continue
In the past I added Home Trust Nation to the "never pay" list. Now I would like to update. In March 2012 I was contacted by Brandi. She said she was going through some old files and wanted to make sure that I had been paid for my work. This was a pleasant surprise. She was very professional and apologized for the oversight. It appears that a former employee has incorrectly filed the orders. She sent me out a check with another email apology. I was happy, and told her no worries. I received…Continue
The landscape for short sales is changing. As the inventory of homes for sale stays at historically low levels all over Silicon Valley, short sales are gaining in popularity for buyers. Added to that is the fact that short sales, while not a sure thing, are getting approved at increasingly higher…Continue
Added by Marcy Moyer on May 9, 2012 at 8:30pm — No Comments
Just got approval on another short sale in San Jose with Chase. They are getting to be one of my favorites!
This was not straight forward. Client lost his job and was not able to make payments. He tried a loan mod but did not qualify due to having too much in retirement account. Client is close to retiring.
Put condo on market and got 13 offers.…Continue
Added by Marcy Moyer on May 9, 2012 at 12:47am — No Comments
Please see photo below. I am looking at buying this property. Could you suggest what steps should be taken to ascertain how bad this problem may be. My understanding is that the stucco mesh…"