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I will attempt to post information here that will help home owners, buyers and other real estate agents. Frank Wible's Foreclosure/Short Sale Team is a highly specialized group of industry leaders that include, lawyers, CPAs, lender negotiators, and specially trained real estate agents.
RECENT BLOG POSTS
Frank Wible | REMAX All Pros | fwible@remax.net | 856-745-7700 60 Holly Oak, Voorhees, NJ THIS IS A BANK SHORT SALE. SELLER OWES OVER 700K! MAKE OFFER AND I WILL PRESENT TO BANK! 5 Bdrm Single Family House offered at $490,000 Year Built 1983 Sq Footage Unspecified Bedrooms 5 Bathrooms 3 full, 1 ...
12/07/2007
Frank Wible | REMAX All Pros | fwible@remax.net | 856-745-7700 26 Holly Oak, Voorhees, NJ BANK SHORT SALE. BRING ALL OFFERS! 4 Bdrm Single Family House offered at $480,000 Year Built 1984 Sq Footage Unspecified Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 3 Car garage Lot Size 8,712 s...
12/07/2007
Many houses in Cleveland's central city neighborhoods have been so damaged by looting, fires and weather that they are almost total losses. The lenders will eventually walk away from them."The lenders will come to us and say, 'We just can't hold the properties any longer. We don't want to pay the...
12/04/2007
How long should buyers have to wait?Once again today, I had another buyer back out of a short-sale deal. The paperwork has been at the lender for almost seven weeks. I could load this page up with communications from this lender, but why bother. There is no doubt in my mind that this is the hard...
12/04/2007
Short Sales Increase! Are you dealing with a Smart Lender or Dumb Lender?As short-sales continue to backup in the system, lenders scramble for solutions to the guidelines on the process, and what they're willing to accept. Some lenders have recently posted new guidelines to my team and I can't he...
12/04/2007
Offers on your Short Sale deal - Who do you represent?A THOUGHT PROCESS...Agents ask me all the time, who are you representing in the transaction for a short-sale? Is it the lender or the seller? Well, the obvious answer is the seller.  But the more money you get, the better the lender does...so ...
12/04/2007
CNN: Homeowners demonstrated outside Countrywide Financial offices Tuesday, demanding the mortgage giant help them avoid foreclosure...http://money.cnn.com/2007/11/28/real_estate/bc.apfn.ca.countrywidef.ap/When is the last time we all saw this happen?______________________________________________...
11/29/2007
TAKE THE HOLIDAY OFF SELLERS...ENJOY YOUR FAMILY!I've seen a slow down this week on the number of motivated sellers in foreclosure contacting me.  I feel this is due to the holidays being in everyone's mind. Sellers that are in foreclosure have decided to deal with the foreclosure by ignoring it ...
11/28/2007
CLIP FROM WALL STRET JOURNAL: Mr. Perez, the graphic artist facing foreclosure, said recently that he spent two weeks talking to Citigroup, but the bank never offered him a modification. Earlier this month, he says, a representative urged him to unload his house through a "short sale," meaning th...
11/26/2007
SORRY, NO MORE TRAINING SESSIONS AVAILABLE! - WAY TOO OVERBOOKED!   National Real Estate Agent Training One-on-One Short-Sale Training In Your Office Learn From The Nations Best Short Sale Mitigator & Active Short-Sale RE/MAX Real Estate Agent! Want to stay ahead of your competition? The market i...
11/25/2007
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Frank Wible

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