Short Sales Fast and Simple

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Services for Real Estate Pros - ShortSaleSpeedway
RECENT BLOG POSTS
When most of us hear HAMP RMA, we conclude "oh, this must be for a loan modification".  While that's true, don't be surprised when a lender asks you for a HAMP RMA when negotiating a short sale.  Don't be surprised when your short sale is delayed because you didn't include the HAMP RMA in the fi...
07/28/2011
Housing Wire summarized a report put out by RadarLogic that shows a 5.9% drop in housing prices in May from the previous year. All of the predictions of recovery seem to be unraveling based on this and other recent news.  The decrease in equity will lead to more defaults and more families facing ...
07/22/2011
Phil Tesoriero, co-founder of ShortSaleSpeedway was recently interviewed in Real Estate Broker Insider, where he shared his insight and experience in the world of short sales. Real the full article here. Here are just a few of those points Phil made: On whether short sales are here to stay: "You'...
07/21/2011
RealtyTrac just announced that foreclosures are once again on the rise after 2 months of declining. Foreclosures increased by  4% in June as compared to May.  Should this really be a surprise?  2011 started with reports of an enormous amount of shadow inventory, along with projections per state o...
07/14/2011
According to Federal Reserve Chief Ben Bernanke, the answer to the still fledgling US housing market is simple: modified loans and faster foreclosures. During the Fed’s recent 2-day policy conference he cited weak employment numbers and job uncertainty as the cause of Americans reluctance to buy...
06/24/2011
According to Zillow, 28% of all U.S. home sales have negative equity. We predict this explosive market will grow to 50% by mid 2012. Don’t miss out on this opportunity. For Realtors, doing short sales quickly and efficiently is the key to easy commissions in an otherwise difficult market. On June...
06/08/2011
The Case Shiller report this week has come out and stated the obvious, Real estate is still on the decline. No one wanted to believe it and many are calling it a double dip. Double dip? I must have missed the uptick because all I remember is some artificial demand created with a tax credit that w...
06/03/2011
Over the past few days there has been much talk of a double dip in the housing market. Stan Humphries, chief economist from Zillow painted a pretty dark picture on prices and the future of housing. His opinions have been met with praise, fear or anger depending on who you ask. Many have asked for...
05/13/2011
The following article was published on the Long Island Board of Realtors Web Site last week: http://www.lirealtor.com/viewStory.aspx?sid=e2ae03db-c689-43cd-b0b4-86734a5eca9f I am the author and the instructor for the Long Island Board of Realtors Real Estate Short Sale Professional certification ...
03/18/2011
Are you well versed on new FTC MARS rulings regarding short sales and loan modifications?  If not, you may unknowingly be guilty of fraud! Don’t let these new rulings cost you $11,000 and your license. Join us for a free webinar, 3 Things you must Know to be FTC Compliant. During the webinar you’...
02/24/2011
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