Alex & Cadey's Blog

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Services for Real Estate Pros - Charfen Institute
Alex and Cadey Charfen - Experts on handling distressed properties with information you need to know about how to survive and thrive in today's real estate market.
RECENT BLOG POSTS
Here I elaborate on the situation of today’s housing market and how I feel homeowners and agents should view the headlines and realities. With all that's going on in the industry, it's important to remain educated on issues affecting homeowners and the solutions real estate professionals can pro...
07/10/2009
There has been some recent controversy regarding my previous blog postings on Short Sale Flips, leading some to believe that I am "anti-investor" when it comes to short sales. Nothing could be further from the truth!! Allow me to explain ... As always, it's important to remain current on the iss...
07/06/2009
Learn what it means to carry out an Arm's Length Transaction, especially as it pertains to short sales. There are misconceptions about this approach, and here I explain why it could be vital for homeowners and real estate agents to err on the side of caution. In today's market, it's important to...
07/01/2009
To qualify for a short sale, distressed homeowners must have three qualifications: financial hardship, monthly shortfall, and insolvency. Here I explain these concepts in detail, letting you in on what most banks and servicers are looking for when considering a short sale. To download PDFs of th...
06/29/2009
Howard Brinton's STAR POWER annual conference is a "must-attend" for real estate professionals today. Without Howard's friendship and guidance, Cadey and I - and the CDPE - would not be where we are today. Event details: Wednesday July 29 - Saturday August 1; Hyatt Convention Center Downtown - D...
06/26/2009
The practice of flipping short sales is at best unethical, and at worst illegal. Learn the facts, and understand why as a real estate agent, your first responsibility should be to the homeowner. Don't jeopardize your license and integrity over the potential for a fast profit. I believe it's impo...
06/23/2009
The Distressed Property Institute conducted its National CDPE Member Survey for the second quarter of 2009, compiling some staggering results. See how CDPEs nationwide are better prepared to help distressed homeowners avoid foreclosure by keeping their homes or, when this is not possible, by suc...
06/17/2009
When I am deciding to buy a product that has a considerable expense to me (other in the cost of the product or the time I will invest) I read testimonials.  I will usually even call the individuals who have given testimonials and ask them questions, get their reactions and see how they feel about...
06/14/2009
The Distressed Property Institute Responds to National Delinquency Survey Strong reaction needed as foreclosures and mortgage loan delinquencies grow in the first-quarter of 2009 Austin, Tex. – June 9, 2009 – With the Mortgage Bankers Association’s (MBA) recent release of its National Delinquency...
06/14/2009
Short Sale Tip - Name and Number Are you a homeowner in financial distress, you are not alone, on June 5th, MSNBC.com releases updated market statistics (Original Article): .99% of all homes in the US are now in foreclosure 6.36% of all mortgages are delinquent The number above indicates that ov...
06/07/2008
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Our news and views on the distressed property market and Real Estate in General.