I would love to hear everyones perspective on home prices around the country and specific to the California market. I just read a report put out by Deutche Bank that predicts another 14% average decline in home values by the first quarter of 2011 nationwide. Most of the california markets show
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10/19/2009
I have used active rain to refer business and find quite a few great people to work with in the past. This last week I have been looking for someone that can handle a short sale in Goodyear, Arizona. Goodyear is basically a suburb of Phoenix. I have emailed several agents looking for help and
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10/18/2009
McGraw Hill recently reported that single family housing starts are expected to rise 11% in 2010. That is certainly coming off record lows (25% decline in 2009) but at least it is moving in the right direction. I believe we will also see conventional lending in the jumbo market to pick up steam
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10/18/2009
I for one have been frustrated by the ongoing articles that blame the financial mess we are in on either mortgage brokers or the greed of the financial markets. The problems in the market I believe can be traced back to the false incentives that drove the market to take on borrowers with ever hi
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10/18/2009
Home Affordable Modification Program, or HAMP was designed to help people get through a difficult short term issue and overcome the rate increases associated with many subprime loans. Many of us said at the time that the program would not help with the real problem which is the principle balance
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10/15/2009
I know we have all had clients that just seem to be unable to make a decision but one of my prospective clients just leaves me baffled. I have worked with this owner for several months. She has not been able to make a payment on her home for several months and knew that she needed to remove the
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10/14/2009
Are you considering walking away from your home? If you are current on your mortgage payments, you should consider a short sale. to find out more Check out this link credit impact to find out more. The key to minimizing the credit impact is to continue making payments while the short sale pr
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10/14/2009
A new program was announced today by the Fed for home buyers that will allow them to sell homes short without any penalty to their credit. Details will be released next week and I will have more details on this site. You can also check wwww.equitynowprogram.com for other options if you or your
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05/15/2009
Do not pay to have someone do a loan modification for you. I repeat do not fall for this scam. If you want help, do a little research and prepare yourself for the inevitable negotiations. One of the best things you can do is to pay an expert to have your loan documents audited. Its simple and
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05/05/2009
How does this sound. Create an equity position for the current home owner while avoiding the short sale process and put money into the pocket of the owner when they start upside down on their home. The basic thought is that we have an investment group that buys mortgage notes from the lenders
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02/03/2009
