I went to WFHM presentation today - a lot of it was not new news, but one thing that stood out was that Mary Coffin, EVP of WFHM said that there was NO shadow inventory (she didn't call it that, though). She says that as the servicer, they have to work with the investor of each mortgage and thes
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03/11/2010
Many of my fence sitting clients are now starting to call me because they are seeing the market go up and want to get in before it's too late. These are the folks who were looking a year ago and just couldn't make up their mind. They wanted to buy at the bottom. I don't understand that because
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03/10/2010
Have you ever negotiated a subject to? This is a way a lot of investors take over properties with no money down. They speak with a seller and without encumbering the property with a new loan, they take the payments over. Usually this is done in conjunction with bringing the loan that is on the
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12/20/2007