Wendy Smith's Blog

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Real Estate Broker/Owner - Wendy Smith Real Estate
Welcome to my Blog. Since 2003 the focus of our business has been helping homeowners avoid foreclosure. In our current economy, the best solution is often a short sale. Many lenders offer incentives, modifications include principal reductions - helping homeowners create strategies to overcome financial difficulties are our specialty. We are happy to help. If you have any questions about foreclosures, short sales, selling or buying a home - Just Call Wendy!

ARCHIVED BLOG POSTS

2008 

Most people know the basics to buying a home:  talk to a bank or mortgage broker, get pre-qualified and start the search for your new home.Nearly ever buyer wants a bargain - we are a society of bargain hunters and we shop accordingly.  And why not?  In most areas of the country, it is truly a bu...
03/27/2008
I'm a firm believer in giving credit where credit is due. This will be short and sweet.Thank you to the ActiveRain community that brought Luis Garcia of Colonial Bank and me together.   Luis and I work just a few miles apart but never would have met without the network community of ActiveRain.Act...
03/14/2008
This post is dedicated to a local Realtor engaged in the very dangerous practice of structuring short sale buy-back/lease backs.For those not familiar, a short sale buy back is where the Seller/Borrower (who is in foreclosure) enters into a Purchase Agreement with a relative, friend or whomever t...
03/12/2008
A BPO is frequently used by lenders to determine the fair market value of property.  While a BPO is not as extensive as an appraisal, it does give good insight to the value & condition of a property.  BPOs are certainly more in depth than a CMA.That being said, it occurs to me that a BPO would be...
03/07/2008
I would be the first to admit that some of my comments may have a tendency to be somewhat contemptuous when talking about lenders and their cooperation (or lack thereof) in working with borrowers trying to keep their home from foreclosure. Instead of getting better, most lenders have gotten worse...
03/06/2008
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Wendy Smith

Real Estate Advisor
smartphone(727) 452-3301
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