Thursday, April 14, 2011
Saturday, March 26, 2011
Monday, January 31, 2011
Joan Patterson Inland Empire Real Estate: Short Sales-The Listing Agent Must Know How To Pre...
Joan Patterson Inland Empire Real Estate: Short Sales-The Listing Agent Must Know How To Pre...: "I just read an interesting article as to why many short sales fail. I always like to try to deal with an agent who is representing the..."
Short Sales-The Listing Agent Must Know How To Present to Banks!
I just read an interesting article as to why many short sales fail. I always like to try to deal with an agent who is representing the seller that I know. Typically, if I know an agent and have worked with them in the past, I know how they operate. This means whether or not they actually do their job etc. It has been noted that most banks can tell if the agents submitting packages to them for short sales really know or don't know what they are doing by the presentations of their packages. And...guess what? If the package is not complete or is sloppy, it goes to the bottom of the stack. And, their stacks can be large and take a very long time to get through. If the package is complete, it typically gets reviewed within a few days and the process starts. Sometimes, I know this is not the case because of other various reasons, however, the conclusion is that the banks will tend to work with a complete file from an agent who shows them they do know what they are doing.
Tuesday, January 25, 2011
Joan Patterson Inland Empire Real Estate: Forclosures will be worse in 2011 is the Predictio...
Joan Patterson Inland Empire Real Estate: Forclosures will be worse in 2011 is the Predictio...: "The prediction is that 2011 is going to be the worst year yet for foreclosures. There are so many homeowners right now that are behind..."
Forclosures will be worse in 2011 is the Prediction from Realtytrac
The prediction is that 2011 is going to be the worst year yet for foreclosures. There are so many homeowners right now that are behind on their payments. I read an article from Realytrac that the numbers are close to 5 million homeowners who are behind in their payments.
Realtytrac predicts 1.2 million more homes will be taken back. This number is up from 2010 which was 1 million homes. People are losing their jobs and are having a hard time refinancing due to the more stringent guidelines that the lenders are imposing. California leads in the numbers of foreclosures to other states.
We are in a mess America. We need to get jobs back here so OUR people can work so OUR people can support their families.
Realtytrac predicts 1.2 million more homes will be taken back. This number is up from 2010 which was 1 million homes. People are losing their jobs and are having a hard time refinancing due to the more stringent guidelines that the lenders are imposing. California leads in the numbers of foreclosures to other states.
We are in a mess America. We need to get jobs back here so OUR people can work so OUR people can support their families.
Monday, January 24, 2011
Joan Patterson Inland Empire Real Estate: Mortgage Interest Tax Deduction Under Attack
Joan Patterson Inland Empire Real Estate: Mortgage Interest Tax Deduction Under Attack: "It appears that Obama really wants to put a stop to the mortgage interest tax deduction. Why? I have no idea as it does help eve..."
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