There has been a lot of hype in the last year to hurry up and do a short sale because…
Expiration of Debt Forgiveness Act May Not Affect Many Sellers
Home Selling
short sale
Approved Short Sale Can Stop Foreclosure Process
Home Selling
According to recently released data by Ticor Title the number of Notices of Default filed in Washoe County is up…
Unintended Results from AB 284
Legal and Regulatory
Inventory is low. Prices are up. But does that mean the market is doing better just because prices have risen?…
Fannie and Freddie to “Standardize” Short Sales
Home Selling
An announcement was made on August 21, 2012 by the Federal Housing Finance Agency (FHFA) that both Fannie Mae and Freddie Mac…
Seller Contributions On Short Sales – Let the Negotiations Begin
Home Selling
We are starting to see more and more lien holders send short sale approval letters where they are releasing the…
Help for Homeowners Community Event this Tuesday, July 17
Mortgages and Financing
Making Homes Affordable and Hope Now Support and Guidance for Homeowners presents the Help for Homeowners Community Event on Tuesday,…
Short Sales – What Will It Cost The Seller?
Home Selling
I often get asked by sellers “What will it cost me to do a short sale on my home?” “How much…
HAFA Program Extended & Other Updates
Home Selling
Recent HAFA Supplemental Directive 12-02 brought several updates for short sales that are NOT Fannie Mae or Freddie Mac insured. …
Short Sale Hardships & Your Hardship Letter
Home Selling
Do you have to have a hardship to do a short sale? Yes. What defines a hardship? Most commonly unemployment,…
BofA Announces Help Resulting From DOJ Settlement
Home Selling
In response to the settlement that the major banks (BofA, Wells, Chase, Citi and Ally) made with the Department of…