Bill to Speed Up Short Sale Process and Avoid ForeclosureThis might be one of the few government bills affecting real estate that might work! To avoid losing homes to foreclosure due to long response times for short sale transactions, three senators introduced legislation to speed up the short sa
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02/25/2012
Negative equity occurs when the value of an asset used to secure a loan is less than the outstanding balance on the loan.[1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being "underwater", and loans and borrower
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02/25/2012
IS YOUR MORTGAGE OUT OF BALANCE WITH YOUR BUDGET?It can happen quickly.An expensive car repair, an emergency, an unexpected illness– just a couple of little things and the life you’ve worked so hard to build and your finances can begin to feel completely out of balance.No one is immune from th
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02/22/2012
Video: Using Facebook to Market to Homeowners and Other Referral Sources If you haven't noticed, the internet is taking over the real estate game.That means, if you haven't already started to use the internet to...- Find Deals- Advertise and Market Your Properties- Build a Network- Build a
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02/13/2012
Honest Answers for Avoiding ForeclosureOne in seven mortgages in this country is in some phase of foreclosure. The sub-prime mortgage crisis that gave way to the economic meltdown of 2008, followed by the “Great Recession,” the “Jobless Recovery,” and now the threat of a “Double Dip” recession ha
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02/11/2012
Unfortunately, many homeowners get misinformation or very incorrect and misleading information regarding short sales from their friends, on the web or even other agents. Here is the most common questions our clients have asked: Q: I hear short sales are a huge hassle and seldom work. A: I work o
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02/09/2012
Did any of your short sale sellers call you last week to tell you that they were cancelling their short sale listing? Did they tell you that they were going to take advantage of Obama’s new program instead? Well, that’s just the latest in a series of pieces of information that distressed borrower
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02/07/2012
One in seven mortgages in this country is headed toward foreclosure. If you or someone you care about is feeling burdened by a mortgage that is unaffordable, I can help. As a real estate professional in Houston and Spring TX who has earned the Certified Distressed Property Expert (CDPE) desi
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02/06/2012
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more ne
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02/05/2012
10 Ways to Alleviate the Stress of an Unaffordable Mortgage...As a CDPE, I can navigate a homeowner through a variety of options. Below I’ve listed some of the most common alternatives to foreclosures that homeowners can choose from:Reinstatement·· Benefit: Does not require the mortgage company o
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02/04/2012
