Procrastination on Foreclosures, Now ‘Blatant,’ May Backfire

Day: August 31, 2010

Procrastination on Foreclosures, Now ‘Blatant,’ May Backfire

Procrastination on Foreclosures, Now ‘Blatant,’ May Backfire

This article builds on where the NYtimes piece left off… “The industry as a whole got into a panic mode and was worried about all these loans going into foreclosure and driving prices down, so they got all these programs, started Hamp and internal mods and short sales,” said John Marecki, vice president of East…  Continue Reading

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Devalued Homes Anchor Prospective Job Seekers

Devalued Homes Anchor Prospective Job Seekers

In a recent post, I asked a question about how the recent housing meltdown has possibly changed the American Dream.  This article support something that I’ve long considered, that housing can be more than just a financial burden; that it can prohibitively anchor someone to a community with limited opportunities and be an albatross around…  Continue Reading

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Widespread Fear Freezes Housing Market

Widespread Fear Freezes Housing Market

Well, you really can’t miss when you begin with a lead-in like this: “ You have to wonder sometimes what they’re smoking over there at the National Association of Realtors.” What real estate investor the past seven years hasn’t wondered the same thing? ~josh See The New York Times.

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Beat the Bank & Close More Short Sale Deals: Tips Inside!

Beat the Bank & Close More Short Sale Deals: Tips Inside!

I’m really excited to tell you about a training webinar I’m hosting in just two days! The training is Thursday and it’s for anyone who is actively negotiating short sales. This includes real estate agents, short sale investors, mortgage brokers, lawyers and loan modification companies.  Join me on Thursday, Sept. 2 at 8:30pm Eastern to…  Continue Reading

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Tips to Make Your House Stand Out to Buyers

Tips to Make Your House Stand Out to Buyers

If you’re trying to sell a house on the retail market, you’re likely up against a lot of competition. So, what’s it going to take to get the attention of buyers? You need to make your house stand out from any other on the market. We’ve heard the statistics and know what we’re facing –…  Continue Reading

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Existing Home Sales Plunge in July

Existing Home Sales Plunge in July

We’ve hit another record, and not a good one. In July, sales of existing homes plunged to the lowest levels in 15 years, despite super low mortgage rates and bargain home prices. In July, sales fell by more than 27%, marking the largest monthly drop since 1968. Of course, fears in the housing market magnified…  Continue Reading

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