What does having an “underwater mortgage” mean anyway? Simply put, it’s a situation in which you owe more than your house is worth when you consider all of the current mortgages on your property. With the decline in property values over the past several years, millions, yes millions, of people have found themselves in this [...]
Bank of America Helps Homeowners…..Yeah, Right.
I’m so sick and tired of hearing about upcoming webinars and interviews with the top brass of Bank of America in which they’re going to discuss “all the great things” they are doing to help homeowners with short sales. It’s such a crock of crap. The bottom line is, and will ALWAYS BE, about the [...]
Short Sale Frustration on the Buyer’s Side
We used to get calls into our office once a month or so from buyer’s Realtors, completely frustrated with the short sale process, and the sentiments were always the same….being on the buyers side of a short sale can be a helpless feeling. The buyer’s Realtor had submitted the short sale offer to the seller [...]
Christmas 2011 – Birth of a New Tradition
Christmas 2011 — Birth of a New Tradition As the holidays approach, the giant Asian factories are kicking into high gear to provide Americans with monstrous piles of cheaply produced goods – merchandise that has been produced at the expense of American labor. This year will be different. This year Americans will give the gift [...]
Georgetown Short Sale – Does The School Matter?
The 2011 Austin Public Schools ratings are available. Do they have an impact on a buyer’s decision in a short sale?
No One EXPECTS to Face Foreclosure
The average homeowner doesn’t expect to face foreclosure. When foreclosure is imminent, understanding short sales is crucial in deciding what to do.
