Colorado Short Sale Agents

In a most recent turn of events, the new 2013 Budget proposed by the Obama administration calls for an extension of the Mortgage Forgiveness Debt Relief Act of 2007. The Debt relief act provides tax relief to homeowners who have been given forgiveness on any deficiency they incurred during the pr...

CNBC is indicating that the Transunion stats of increasing delinquency rates might be attributed to home owners who are fed up as well as being out of funds to pay their mortgages - and choosing walking away instead of fighting another day. Two quarters of rising delinquency rates is highly disco...

The White House is indicating that the new plan being touted will help millions but in reality how many people will this really help? The largest change of all is the "put back" risk. Banks are more willing to lend under this program because their risk is eliminated. It certainly will not solve t...

Joe Jackson has made some compelling comments in this post that I think needs to be read by all - my vote is that the time is long past for NAR to take back our data on Realtor.com.Last week I posted about an issue I had on Realtor.com. The schools shown on the school tab were not correct. Not ev...

Hella makes some good points in this blog - points that bear repeating in case anyone missed this one - communication is vital to the transaction and simple etiquette shows a professionalism that can't be beat!Yes, real estate professionals have a great resource in the forms provided by CAR or wh...

Having a good, experienced buyers agent can help avoid mistakes that can cost thousands of dollars to any buyer. Remember to check the MLS carefully and disclose up front to the buyer BEFORE writing the contract. Thank's Tamiie for sharing another vital lesson in buyer agency!Oops, It Looks Like ...

It looks like the national mortgage delinquency rate is still on the rise – according to Transunion - with the rate increasing 6.01% at the end of last year’s 4th quarter. Delinquencies were also up in the third quarter of 2011 of about 5.88%. 39 states showed increases in the delinquency rate. S...

The 30 year fixed rate mortgage at 3.25%-3.5% is the most popular by a landslide. Government sponsored Entity Freddie Mac indicated in its quarterly product transition report that most homeowners are choosing to refinance into fixed rate loans – over 95%. Less than half of that 95% chose to refin...

Education is key. In the spirit of minimizing legal technology risk, Denver Short Sale Agent's Broker's Corner suggests that each brokerage incorporate a simplistic but thorough educational approach. When Agents go out looking for vendors to purchase web sites, niche sites, seo services and squee...

One of the next major area of concern regarding legal risk for brokerages and agents is technology.  Technology is an increasingly risky legal area where most appear to be unaware of internet state advertising rules. Denver Short Sale Agents have found that misrepresentation on the internet is be...