NOVA BROKERS LLC'S Blog

I just noticed that some of my blogs are missing.  I guess I must have deleted them by accident.  I am going to try to put them back on but I was just wondering if this has happened to any of you.  I don't know how I did that.   Anyway, am I the only one this has happened to.  It is really frustr...

    If you are thinking about letting the home go through foreclosure and considering Bankruptcy as an option, and need to rent a home, then RENT before filing bankruptcy.  It is more difficult to rent a home after bankruptcy then to buy a home after bankruptcy.  My clients have experienced this ...

I was just speaking to a neighboring real estate agent who told me that some people she met, who are not well informed of what happens in a short sale, gave $3000 to a Real Estate Company who said they will not lose their home if they listed with them to do a short sale.  The owners have not seen...

The more I talk to people who are thinking about letting their home go to Foreclosure, just giving up, the more I realize that they think this decision will end their dilemma and everything stops because they are giving the home back to the bank.  I explain that after a home goes to foreclosure t...

Yesterday’s market has created problems with property owners paying their mortgage timely or affording their mortgage, which leaves them with difficult decisions to make. Try to keep the property and continue to be house poor and struggle with the stress of trying to keep up. Attempt a short sale...

I found out yesterday that a friend's sister went through a company on the internet to perform a short sale and requested $1000 from her.  She paid it instead of her mortgage (she was already 3 months past due).  Well guess what happened next???? NOTHING.  Her home was foreclosed on and she did n...

  The answer to this is “NO”.   I am still finding that people that call me regarding a possible short sale that Bankruptcy is still the answer.   If the short sale does not accomplish all of someone’s financial distress, because someone may have a ton of other debt, and possibly unemployed, mayb...

If you think too much is owed on the property and a short sale doesn't look like an option, it may still be an option.   I want to share with you one of the most difficult short sales that I have had. Here is one that I just completed sucessfully. GMAC 1st Mortgage $465,000.00 GMAC 2nd Mortgage (...

I was working with a buyer that noticed a home that was not on our list.  I looked it up and it said, showing by appointment only.  Call Lister to set up appointment.  On the market for 92 days so far.I left 10 messages, and still no response back.  The only phone numbers listed is for the agent....

I had to share this listing appointment I had.    As I drove up to the home, I noticed that the home was an all brick rambler with some rose bushes and other well maintained plants in the front and a driveway, no garage.  This lady had lived in the home for over 30 years.  Husband passed away and...