America's Largest Social Network for Default Real Estate Professionals
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
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
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
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