RECENT BLOG POSTS
There is a widely held belief that the "squeaky wheel gets the grease", so calling often, even every day is appropriate. Not so! Every time the agent calls the bank, the call is logged into the case data base log along with notes about that call. Prior to being assigned to a negotiator, the case ...
03/09/2010
When the housing market and economy collapsed, suddenly they became overwhelmed with cases. At the same time, those banks suddenly experienced a huge loss of revenue. Some failed. Others were bought out. The result? Very lengthy processing times because those negotiators/analysts have more cases ...
03/02/2010
When a homeowner buys a home, he or she obtained the money from their mortgage company. However, that mortgage company is out a lot of money. They could not finance too many loans by paying $100,000, $200,000, or more every time they finance a home. That is why the government originally establish...
02/28/2010
Most of the time, the proposal will be submitted by fax to the servicing lender (SL). On some occasions, it will be shipped, which may take up to a week for them to receive and post. Even when the proposal is submitted by mail, it may take 3 -7 days for the lender to get into their computer syste...
02/24/2010
When a purchase contract is submitted as an offer, that offer must meet the short sale requirements, which is then accepted by the sellers. If you have an agent who is experienced with short sales, they will understand and help the buyers meet those requirements. Sometimes great agents who just h...
02/21/2010
It used to be the case, that lenders would use an REO vs. short sale analysis to evaluate whether to approve a short sale. REO means Real Estate-Owned, or Bank-owned which just means that the bank has foreclosed and seized the property, and they are now selling it themselves. So, after calculatin...
02/17/2010
Whether you are a homeowner or a buyer wanting to purchase a particular home in the Indianapolis area, the sale or purchase of a short sale property is a time consuming, complicated, and challenging process for your agents. However, the rewards far outweigh the challenges. For the listing agent, ...
02/15/2010
Home buying and selling remains an important segment of the local economy, especially due to the housing sector's unique power to revitalize the economy during challenging times.  With historically low mortgage rates, buyers and sellers continue to have opportunities to trade up, downsize, reloca...
02/11/2010
Oakland Hills at Geist is a 334 luxury home site development on approximately 170 acres.  Many of the homesites adjoin Old Oakland Golf Club (private membership). Home sites range from quarter acre sites with a few trees to three quarter acre wooded walkouts on the golf course. There are a wide v...
02/09/2010
Moving to a new home can be stressful on your pets, but there are many things you can do to make the process as painless as possible. Experts at The Pet Realty Network offer these helpful tips for easing the transition and keeping pets safe during the move. 1. Update your pet's tag. Make sure you...
02/04/2010
Rainmaker
17,520

Kay Kammeyer

Realtor/Broker
local_phone(317) 570-3800
smartphone(317) 698-7109
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