Tweet Courtesy of The Palm Beach Post, comes some fresh news for Florida, offering up to $20,000 to short sale vs. foreclosure. The limited time offer has received little promotion from the Charlotte, N.C.-based bank, which sent emails to select Florida Realtors earlier this week outlining basic details of the plan. Only homeowners whose short [...]
Tagged bank of america, BofA, florida, foreclosure, reo, short sale, short sales
Tweet We have added six new short sale packages to our doc library, bringing us up to over 70 lender specific short sale packages! Sign in to your account today to download and view all of our short sale packages, documents, tools, and templates! Nationpoint Mortgage Wells Fargo Short Sale Package NationStar Financial Short Sale [...]
Tweet Anyone who’s followed the Art of Short Sales for any period of time knows that we have not been a huge fan of the HAFA, HAMP, and other government programs designed to ease the short sale process. This week’s CNN article by Diana Olick continues to prove that over a year after its inception, [...]
Tagged analysis, government, HAFA, HAMP, news, short sale, short sales
Tweet Came across this article from CNBC last week discussing the impact HAFA has had (read: not what was expected!) The treasure department says the following “While HAFA has been widely credited with streamlining the short sale process by setting clear timelines, documentation requirements and procedures, feedback from various stakeholders including servicers, housing counselors, realtors and [...]
Tagged bank, forecast, HAFA, HAMP, lender, short sale, short sales, video
Tweet Well, 2011 sure is off to a heck of a start, isn’t it? As we predicted here over and over again, the short sale marketplace is going to continue to be an important part of the still-stagnant housing recovery for the foreseeable future. So if you aren’t up to par on what you are [...]
Tagged banks, forecast, lenders, loss mitigation, short sale, short sales, volume