HOAs are taking a more active role in real estate transactions, threatening foreclosure when short sales are not expedient.
How to Create a Comprehensive HUD-1 One of the most unique and challenging components of the short sale transaction is the creation of the estimated settlement...
Short Sale Primer A buzzword is an informal term for a fashionable word or phrase, and we have lots and lots of those in the distressed...
This Year on AGBeat If you are thinking about making short sales part of your business plan for 2012, why not toast the new year by...
Non-Institutional Liens One of the issues that often comes up in the short sale is the issue of non-institutional liens (i.e., liens that are not mortgages)....
It has probably happened to you before. In fact, it’s pretty common. The short sale negotiation process goes on too long, the short sale contract wasn’t airtight,...
As part of the short sale process, short sale lenders conduct appraisals or Broker Price Opinions (BPOs) on the subject properties. In the wild world of...
How to Avoid the Short Sale Storm When a short sale prospect calls me about a potential short sale, I need to identify whether it’s a...
I’m a little bit embarrassed to admit to this, but during my daily drives to and from the office (about 25-30 minutes each day), I listened...
Unless you are working on short sales day in and day out, you are probably not totally fluent in HAFA. You know HAFA, right? That’s the...
Do Your Homework Lately, I’ve been plagued by issues with short sales that could have easily been resolved had the buyer’s agent done his (or her)...
Admit it. You probably never used the word escalate before we ventured into our most recent stint with distressed properties. Now, the word escalate takes on...
Sometimes I sit back at the end of a day or a week and I think, “What happened? When did I get so busy? When did...
How to Deal with Multiple Liens The short sale has always been a tricky transaction. It’s a challenge to obtain the required paperwork from the seller....
A successful short sale closing is like a recipe for mole poblano. Are you familiar with mole poblano? It’s a chocolate-tinged sauce made famous in the colonial days in Mexico...
Inaccurate calculations can cost big bucks Everyone already knows that one of my favorite topics is short sales. In fact, my son says that I use...
Does Drama Have a Place in Short Sale Negotiations? I’m a little bit embarrassed to admit it, but one of those Kardashian reality television shows was...
Unless you’ve gotten your client involved in one of those pre-approved short sale programs where they bank has already given you a pre-approved purchase price, the...
Wells Fargo now uses Equator A little over a month ago, Wells Fargo officially announced that it was joining the list of servicers that use Equator...
I recently received an email from a short sale seller in Massachusetts and she had a very good question. In a nutshell, she has her home listed as a...
Short Sale Package Preparation Short Sale Package preparation is very time consuming and very frustrating as well. And, it is extemely common for a real estate agent...
People say that I have a shoe fetish. I’ve even been accused of that fetish by folks who read my articles regularly. Yes, I’m a girl that...
Latest Short Sale News A couple of pretty exciting things happened in the short sale world over the last few days. For one, the FTC issued...
Do time frames matter? I received an email from an agent struggling with her HAFA short sale. Troubles with a short sale (a HAFA one, or...
The ABCs of the Release of Deficiency When I checked my email the other day morning, I had an email from a Realtor® friend who had...
Subscribe to get business and tech updates, breaking stories, and more!