Tweet Came across an article today in the Wall Street Journal that I thought was interesting: January 27, 2010, 9:56 AM ET Why 2010 Could Be the Year of the ‘Short Sale’ If 2009 was the year of the foreclosure (and loan modification), then 2010 may be shaping up as the year of the short [...]
Tweet Investors who work in the short sale arena understand the importance of financing. Without financing or funding, deals simply do not happen. While the parameters to how a short sale deal can be structured are nearly infinite, some basic principles around funding still apply. You should have a basic knowledge on both transactional funding [...]
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Posted in Education
Tagged financing, funding, hard money lending, property flips, short sale, short sales, transactional funding
Tagged financing, funding, hard money lending, property flips, short sale, short sales, transactional funding
Tweet We’ve partnered up with New Ideas In Real Estate to help find you a buyer for your short sale property. We all know lenders will not accept a short sale without an offer – and New Ideas has you covered with with over 3,500 potential buyers nationwide – many can can get you an [...]
Tweet Here is a direct link to the PDF file from HUD: http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf 2010 sure is off to an interesting start! The FHA recently rescinded its 90 anti-flipping rule for a year. This will allow FHA buyers to purchase properties that have recently been purchased by investors, helping with title seasoning requirements. As with anything, [...]
Tweet Interesting article credited to CNN today: Video courtesy of CNN: SHORT SALE FRAUD, CITI MORTGAGE, JPM, JP MORGAN, BANK OF AMERICA, HOUSING CRISIS, SHORT SALES Posted By: Diana Olick | CNBC Real Estate Reporter Just as regulators, lawmakers and all forms of financial oversight boards are talking about new regulations to guard against mortgage [...]
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Posted in Market News
Tagged bank of america, BofA, fraud, short sale, short sales, subordinate lienholder
Tagged bank of america, BofA, fraud, short sale, short sales, subordinate lienholder
