A lot of people ask this question and it’s a great question. And the answer is- That depends. You see, guidelines are always changing and will continue to change over the next few years. In fact they…
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Barbara Grandolfo answered:
How do you make the connection with asset managers to get REO listings. I have tried several websites to no
Hi Ramez,
Many banks and asset managment companies require particular certifications before they will give you an REO assignment. Do some checking to find out which programs might
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Friday President Barack Obama signed a bill that reinstates the recently expired higher loan limits that were in effect for FHA and VA loans through December 31, 2013 but does not provide this extension…
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The House of Representatives today voted to restore higher loan limits to $729,750!! This is great news considering that the high limits returned to $625,500 in October. Here is a brief excerpt of an…
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Having trouble viewing? http://www.youtube.com/user/RealEstateBuzzz?feature=mhee#p/u/0/1dhV0cuEX9s Did you know that Conventional Mortgage Insurance is back? Home Buyers have more opportunity…
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Kim Boulter - Healthy Realty-(843) 640-7799 answered:
Can I do a short sale if I don't have a hardship?
Typically you DO have to show hardship to qualify for a short sale. Your debt to income ratio needs to be above 30-35% and you must have a reason for having to sell; lost your job or to
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Victor And Carolina Prieto answered:
I have a 2nd home in Montclair and would like to sell for a good price. How much should I expect to get?
Hi Judy, We Can Provide A Free Comparative Market Analysis For You. But We Can Also Contact One Of The Many Appraisers That We Have Met In The Industry For A More Accurate Value! Please
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Tip of the day.Congress wants to pass law that will require all buyers of single family homes to bring 20% down payment for the puchase of their new home. Please everyone talk to your congressman to avoid…
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The Sellers Loss is Your Gain! The bank says this must sell now!First lender has pre-approved this sale at $700,000.00 Be the proud owner of this executive Montclair Hills home that features large open…
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Linda Crouse, ABR,CRS,GRI,ePRO answered:
I've been waiting for many months on a shortsale, just to find out today that the Deutsche Bank has foreclosed on it. How long will it be for?
Banks have little incentive to approve a short sale. If the loan was insured, by letting it go to foreclosure, they can recoup the insured amount. I don't know how your state reg
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Joan Patterson answered:
I rented this house, and now is foreclosed. i'm being offered cash for keys, is this a good thing or not?
Madera,
First of all, I am so sorry that you landlord did not tell you about this. That is very troublesome to me. Here your landlord was accepting your rent and you thought they h
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