NOVA BROKERS LLC'S Blog

I am finding the following improvements while working with  short sales:   * Phone numbers for the negotiators for the banks are getting easier to get. * Wait time on the phone for someone at the bank to help you is getting shorter. * More service reps are trying harder to help the situation inst...

My clients ask me to list a rental that a tenant was moving out of.  I told them to make sure that they turn the power on after the tenant moves out and keep the heat on or winterize the property.  They said no problem.  After another agent found a tenant for my listing I met them at the property...

Since I wear two hats, one as a bankruptcy paralegal and the other as a Real Estate Agent I have clients coming to the office to file bankruptcy who have their home on the market for a potential "short sale".  They are being told that you can still sell your home while in Bankruptcy  or Bankruptc...

A few of my short sales I am negotiating at this time require Countrywide's approval.  From previous experience, they usually expect the Agent to call and check status.  They don't call me.  One the phone numbers that seem to be the most helpful is   HOME RETENTION DEPARTMENT 800-262-4218 SHORT S...

As some of you know, I work at a law office as a Paralegal/bankruptcy assistant and today was interesting.  Potential client came in for a consultation.  (By the way, my clients gave me permission to share this with everyone in this blog and encourage others not to be as naïve as they were).  Her...

I had a listing expire on Sunday at 2:00 a.m. and I had it back on by Monday 10:00 a.m. as my listing extending the date was returned to me by my clients on Monday at 9:30 a.m.  During this time that the listing was expired, which was mostly while we are or should be sleeping, 1 Broker and 2 Agen...

I know I can't win them all, but I try my best to achieve that. Here is the scenario:   Property:                      Single Family Home Purchased in 2003.  Never made payments late till November 2007                                     About 3000 sq. ft. Nice lot, house needs a little cosmetic ...

Another Real Estate Agent I know had asked me some questions about a deal she was working on because she was unclear of what to do next.  I wanted to share this situation with others because in this market this situation may arise with one of your deals.  Lister has property listed for sale.  Buy...

I am checking to see if anyone has had any dealings with Saxon Mortgage.  I have had such a hard time with this mortgage company.   I have 4 offers in with them on a short sale and foreclosure right around the corner and no response from them. Call after call.  Just curious if anyone else has had...

Has anyone else received a call from someone (THEY DID NOT LEAVE THE COMPANY NAME ON MY PHONE) stating they are looking for someone to refer clients to and their referral fee is 90% .  I could not believe that someone would expect me to do all the work for 10% of the offered commission.  I though...