SHORT SALE ALPHABET SOUP As a Realtor that takes pride in personal development, I find it important to continually get educated. I have recently taken a number of very comprehensive courses related to Short Sales and I find my head spinning with all of the various acronyms and other abbreviations. Consumers are hearing about HAMP, HAFA, FNMA(fannie mae), FDMC(freddie mac), REO, Prom Note, etc. Continue Reading
Archives for July 2010
Step Up To The Plate
I confess that I did something very bold. I do not know what possessed me to dig myself out of my safe and very innocuous shell and let the cyber world know my inner feelings. Was it a moment of weakness, coupled with a smatter of poor judgment that resulted in this self-revelation, leaving me vulnerable to the world. Or was it a level of frustration that finally spilled over my inner walls of Continue Reading
July Market Conditions – Selling Market?
While pricing remains stable, inventories have grown since the removal of the federal tax credit. We are stil selling to those that were not eligible to those that were not eligible for the tax credit but the demand has decreased. Short sales are dominating our selling market. More buyers are willing to wait the extended periods it takes to close for those selling. Investors are still seeking Continue Reading
