Short Sale Info for Your Christmas List.Will Equity Investors Save the Economy? If you are thinking about distressed properties and short sales this holiday, maybe you can add these to you bag of tricks. And, if you read something conversation-worthy, don’t’ forget to leave me a comment. In this article, the heroics of equity investors are touted. But, can the nation embrace them?How to Actually Close a Short Sale This is something that I actually know a lot about. This year alone, my … [Read more...]
Short Sales – Is The Clock Is Ticking?
November 22, 2011 By Leave a Comment
Short Sales – Is The Clock Is Ticking?Equity investors and folks buying short sales are often involved in a waiting game—only to learn at the end that the bank is not interested in their offer because their offer price is too low. But there are other factors that can impact the closing of a short sale at the eleventh hour that have less to do with the bank itself and more to do with the seller’s review of the approval letter.Here are three questions sellers often ask their agents at the … [Read more...]
Equity Investors and the Economy?
November 8, 2011 By Leave a Comment
Equity Investors and the Economy? On September 7, Kerry Curry wrote an interesting article on Housing Wire entitled “New Normal Means a Lot More Pain to Come.” I read the article, which addresses our existing housing market. In it, an economist for the Federal Reserve Bank in St. Louis discusses how our “new normal” in housing is marked by 2% to 3% growth rates, more frequent recessions, and decreased consumer spending. The article also states that equity investors who can purchase … [Read more...]
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