In the wake of the greatest foreclosure avalanche in American history, federal banking regulators settled with 14 major mortgage servicers over alleged foreclosure abuses. Part of the settlement included the opportunity for foreclosure victims to have their foreclosures reviewed for errors. If any errors were discovered, restitution could run from several hundred dollars to more than $100,000. To alert foreclosure victims, official letters were mailed to 4.1 million former homeowners. … [Read more...]
Short Sale Have a Future?
January 10, 2012 By Leave a Comment
Does Short Sale Have A Future?One of my Realtor®, http:///www.realtor.com, friends showed me a letter that her client had received about a deed-in-lieu of foreclosure program (à la Fannie Mae), http://www.fanniemae.com, whereby the seller would receive up to $7500 and my friend was a little displeased that her client had received this letter because she was about to close the short sale transaction. Now, however, the client is going to opt for the deed-in-lieu because he might get more … [Read more...]
Short Sale Have a Future?
January 10, 2012 By Leave a Comment
Does The Short Sale Have A Future?One of my Realtor®, http://www.realtor.com, friends showed me a letter that her client had received about a deed-in-lieu of foreclosure program (à la Fannie Mae), http://www.fanniemae.com, whereby the seller would receive up to $7500. My friend was a little displeased that her client had received this letter because she was about to close the short sale transaction. Now, however, the client is going to opt for the deed-in-lieu because he might get more … [Read more...]
Real Estate Marketing Plan To Find a Deal
October 31, 2011 By Leave a Comment
Real Estate Marketing Plan To Find a DealI’m going to give you a simple plan to follow to get a deal within the next two weeks. I realize that 99% of people reading this won’t follow my plan, but if you’re among the 1%, then congratulations, because you can use this plan over and over again.You see, I’m a big fan of taking advantage of the holidays. Every time there is a major holiday coming up I send out some type of letter, postcard, flyer or follow up letter to my prospects. And with … [Read more...]
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