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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
Dear South Jersey Agents, WE NEED YOUR LISTINGS…Let's Sell Homes Together! By now you may have heard of our tour bus that goes out twice a week. We are booked solid each week until August! Please download the attached schedules below to review the tours and themes we are doing on the tours. The W...
06/09/2008
With home foreclosures at a 20-year record high and up 68 percent nationwide, one real estate agent is out with new ideas to keep the housing market alive. Frank Wible, the name most known in foreclosure, short sale, and bank owned real estate has launched a fleet of foreclosure bus tours in an e...
05/22/2008
It's not just you! Everyone you know, and many you don't know, are in the same position as you. Some may not be losing their home or cars yet, and they may not show their financial pain, but I can assure you the belt has been tightened. Gas prices are completely out of control, food prices have i...
05/15/2008
FORECLOSURE TOUR BUS Sponsored by Frank Wible, Patriot Title, and Countrywide Mortgage. ATTENTION LISTING AGENTS: We would like to schedule a showing with 15+ qualified buyers! Each of our scheduled tours are "already" completely booked with 15+ pre-qualified buyers. Our tours run every second an...
05/14/2008
5/6/08 - If you have the chance to tune in, I will be on the Nightly news with Katie Couric tonight at 6:30 EST. The news story tonight is based on foreclosures and short sales nationwide.  CBS's producers had 10's of thousands of Realtors and agents to choose from, plus much harder hit markets t...
05/06/2008
For those of you that know me; know that have been doing short sales for a long time now. I have successfully closed so many, that I've lost count. It's been a crazy last few months, and I really have not had the time to provide updates on what is happening in the market. There has been a key shi...
04/18/2008
This is just a quick post to let you know that any property that was purchased with an FHA loan has new guidelines. Maybe this post is already around, but I figured I would post if for the people that have not seen it. In addition to these new requirements, FHA (or HUD) will not pay any outside f...
03/27/2008
Just FYI for all agents not doing their own loss mitigation/negotiation work for their short sales...H.U.D announced that legal fees for sellers, processing fees, loss mitigation fees, as well as many other fees will NOT be allowed on a short sale settlement sheet where the home was purchased wit...
03/06/2008
The short sale foreclosure business seems like a smart place to start when looking to enter the investment properties business, but is it? Being an investor for many years before I started my career as a Realtor, and seeing the business from both sides, I'm not sure that it's something worth gett...
03/05/2008
When does responsibility begin to not make sense?You purchased a home four years ago. You paid $700,000 for this home, and it's the home of your dreams. Since then, you home has lost over $180,000 in equity and you are so upside down. It could take you eight to ten years now just to break even (a...
02/08/2008
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Frank Wible

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