When it comes to dealing with Bank of America, we all have our war stories but this one still has my head shaking. I wrote up a full price offer on a REO. The sales price is $80,000; the buyer is putting $20,000 down and has already applied for a $60,000 mortgage. The buyer's pre-approval is
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01/29/2010
It doesn't get any better than this! Spacious 2 bedroom 2 bath, split plan, both of which open out to the large back yard - enjoy your morning coffee as you watch the sun rise over the lake. Best priced home in the area! Distress priced at only $128,000 as it needs a fresh coat of paint and som
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01/14/2010
Last week a Realtor mentioned to me something about a ten-day approval time for short sales and I thought he had had a martini lunch or just plain fantasizing, then, in Ft. Lauderdale's Sun Sentinel, the following article appeared: New Rules Could Speed Short Sales of Distressed Homes Unfortunate
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01/14/2010
As a Real Estate Broker that specilizes in short sales, it's been my opinion all along that the Mortgage Relief Program was/is a miserable failure for the majority of homeowners. This article hits the nail on the head posing the question: Did the Mortgage Relief Program Make Housing Crisis Wor
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01/05/2010
