Homeowners that are underwater and considering a short sale typically face what I call the “Big 3.” #1 is getting…
Guaranteed Deficiency Waiver – Does Your Short Sale Qualify?
Home Selling
Sparks
Days, Months, Years – How Long Does A Short Sale Approval Really Take?
Home Selling
I regularly meet with sellers contemplating a short sale and often times the first question is “How long will this…
Short Sales & Servicer Changes – Just Another Bump In The Road
Home Selling
In the ever changing world of short sales there is another obstacle that is coming to light – “servicer” changes…
Market Stats for Single Family Homes in Reno, Sparks, and Truckee
Uncategorized
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Expiration of Debt Forgiveness Act May Not Affect Many Sellers
Home Selling
There has been a lot of hype in the last year to hurry up and do a short sale because…
Median Price Up In Reno-Sparks, Nevada
Uncategorized
The Reno-Sparks Association of REALTORS reported today that June’s median sales price came in at $170,000. This is up 10.4%…
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…