RECENT BLOG POSTS
The Mortgage Debt Relief Act has been a godsend for many homeowners that lost their home to a foreclosure or sold through a short sale by relieving the burden of having to pay taxes to the IRS on the balance of the loan that may have been forgiven. But that appears to be changing. Last year the A...
11/18/2013
Have you heard of eWarehouseOne? Their website can be found at http://www.ewarehouseone.com/ Interestingly, all of the names of their account executives have been recently removed from the website. Reports suggest that over a quarter of a million dollars in application money has been collected by...
05/22/2012
While the rest of the county buzzed Friday about Facebook’s first day as a public company, real estate agent Brian Chancellor saw the effect months earlier. Chancellor put a client’s house on the market in February for roughly $1.2 million — a bit underpriced, he said. The home in Palo Alto, Cali...
05/21/2012
Average home prices across the nation rose a meager 0.2% in February to $195,000, according to LPS Applied Analytics, with early data from the firm suggesting another flat increase of 0.3% in March. The increase in seasonally adjusted prices in February was the first rise since March 2010, and on...
05/14/2012
How many homeowners have the banks been able to help following the National Mortgage Settlement? According to this West Palm Beach news report, apparently, not many... yet.   PALM BEACH COUNTY, Fla. - It's been three months since the $25 billion National Mortgage Settlement was announced. The new...
05/14/2012
I discussed the below article today on my radio show the "Real Estate Pros" on WPSL AM 1590 out of Port St Lucie, Fl.  You can view the show on my website.  We discussed the reductions around 40 minutes into the show.    A select group of struggling mortgage borrowers are about to get an offer th...
05/08/2012
  An article today on MSN.com shed more light on what was supposed to have been fixed already but it’s obvious based on the article that the ROBO Signing mess and the subsequent multibillion dollar settlement with the all of the countries Attorney Generals has done little to change at least one o...
04/19/2012
    All of the reports from the various "experts" and news outlets this week, and in previous weeks, can confuse people as to what is really going on within the housing market. You have home builders reporting on Wall Street, and other places, about housing starts and permits being down.  You hav...
04/19/2012
Too Crooked to Fail is a Rolling Stone article regarding the scary monster we call Bank of America and all of the illegal, immoral and downright criminal things that they have been up to. It’s pretty scary stuff! People we are talking billions of dollars if not trillions!   At least Bank of Ameri...
04/18/2012
  For the first time ever short sales have surpassed foreclosures in sales according to a recent report by LPS (Lender Processing Services) who tracks them.   Finally the banks are starting to get it. Maybe (sorry I just think they make it way too complicated still).   Perhaps they have finally r...
04/18/2012
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Jeffrey D. Rubin

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