Expert Advice

In appreciation to the incredible readership, comments and support we have received here @ Short Sales for Dummies we have decided to reveal one... if not the biggest secret we have to closing our Short Sales... and quick. Almost every client you come across in a Short Sale scenario is a candidat...

Have you heard of this?  A Reverse Purchase is where the Seller writes the offer and presents it to the interested Buyer.  Although, we have not done one it has been done in our office and our local market area.  Is this a trend specific to different market areas?  Maybe we have just had our head...

Buyers it is the opportune time to invest in Real Estate in Boise Idaho, the Treasure Valley includes Boise, Meridian, Eagle, Star and Middleton.  Although it may be hard to believe with everything you hear and read in the media, it is a great time to invest in Idaho real estate.  This is when th...

As if mortgage fraud was not bad enough, this market brings a whole new host of problems.  Real Estate Scam Artists are luring already hurting homeowners into all sorts of murky waters.  Use caution and keep a watchful eye on those claiming they can save a home from foreclosure.  If it sounds to ...

These new guidelines will drastically change why a seller will want to do a Short Sale versus letting the home go back to the bank.  Although there are many changes the most notable is the following. Short Sale:  If the homeowner sells the home via a Short Sale they can't get a FHA backed mortgag...

Recession my &#$@%... folks we are on our way to a Depression.  If you do not think we are in a recession, you do not reside on earth.  But unfortunately I believe we are headed for even harder times... much harder, I'm not talking watch your pennies, I'm talking count your pennies to see if you ...

Our Featured Post "Should agents represent themselves in the Short Sale of their own home?  has brought an array of good comments and questions.  I believe the consensus is "you should not represent yourself in a Short Sale.  But the latest comment and question by one of our readers may suggest r...

Ramiro Guzman of Meridian is the proud new owner of the Saint Jude Dream Home in Star. Officials say 7,777 tickets were sold over the past few months, raising $777,700 for St. Jude Research Hospital in Memphis, TN.  When St. Jude organizer Lindsay Houseal called Guzman to tell him he won, he didn...

Are you having trouble getting a hold of the banks Loss Mitigators?  Here is another great Short Sale secret revealed, most bank offices are now open 7 days a week.  Try calling them on Saturday or Sunday, don't be surprised if they pick up the phone or even call you back during the weekend. Alth...

We all want to increase our listing exposure, especially our Short Sale exposure.  Many real estate professionals openly omit to not showing Short Sales.  Why is this?  Is it because they do not want to waste their clients time with an offer that may never close.  Although that is probably the #2...