Short Sale Review Back when I was in junior high and high school, we used to receive a summer reading list. Everyone grunted and groaned when...
Can short sale flips be flops? On June 10, 2010 Bloomberg Businessweek posted an interesting article about short sale fraud, short sale flips, and short sale...
The Benefits of a Steady Routine Short sale sellers frequently leave the moving and the packing until the very last minute. As a result of that,...
The Role of the Tenant in the Short Sale According to a recent study by an organization called Tenants Together, 37% of residential foreclosures in California...
Are You Willing to Pay to Be Short Sale Certified? This is a follow up to my recent post about Equator and Bank of America short...
Why do buyers walk away from short sales? The other day I obtained short sale approval from the first and second lien holders for a single...
Buyer’s Agents Struggle with Short Sales When I conduct one of my short sale workshops for agents, I always get a lot of questions afterwards. Many...
Short Sale Software Platform Perhaps you have heard of Equator, a short sale software platform used primarily by Bank of America. Recently, the real estate network...
Careful What You Say and Do There is a veteran agent in my office who has a heart of gold, but who is also wildly opinionated...
The Importance of the Settlement Statement As agents, many of us haven’t spent too much time scrutinizing the estimated settlement statements. We usually leave that work...
Are You a Team Player? Short sales (and much of real estate, in general) are frequently referred to using sports-type language. I’ve written blog posts about...
Short Sale Tips for Success The April edition of Realtor® Magazine reviews short sale ethics and six things to avoid when working short sales. It’s a...
How do you handle the BPO? I’ve seen some interesting blog posts over the last few days that discuss how mortgage lenders participating in short sales...
Is Your Short Sale Listing Meant to Be? Remember high school? Remember Prince Hamlet? Remember the famous soliloquy he delivers about the fact that his situation...
I have to admit – even I was surprised at this one. I’ve previously written about Bank of America’s handling (sometimes an interesting word choice) of...
The Importance of Carefully Reviewing the Seller’s Paperwork Yesterday we were a little bit short-staffed, so I was able to get down and dirty and dig...
Determine the Source of the Hardship There has been a lot of information in the news lately about strategic default. Strategic default is the decision of...
A Little Recon Work Goes a Long Way I’ve had quite a lot of experience with short sales throughout the nation, and I’ve closed tons and...
I’ve been thinking about the future of real estate. Fellow Agent Genius Contributor, Russell Shaw, wrote a thought-provoking blog post a few days ago about the...
Short sale listings need to go through a pre-qualification process. I had an agent from Riverside County contact me the other day about his short sale...
Anyone who has read my blog posts before knows that I love this unique and challenging real estate market. I absolutely adore short sales! One of...
Please welcome our newest writer, Melissa Zavala, Broker/Owner of Broadpoint Properties, who is a Short Sale Expeditor that has become so well known for her work...
Foreclosures shatter records Last year, the number of homes that received foreclosure notices hit 2.8 million, crushing the number of notices from previous years, bringing the...
Short sales brightening up Today, the U.S. Treasury Department released their highly anticipated guidance on a plan for mortgage companies to expedite short sales as well...
Why walk away?? I work with many agents who will tell me that they walk away from listings when there is a high probability of there...
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