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Video Series with Mike Kelly & Toni Esposti  |
Judicial and Non-Judicial Foreclosures Each state in the U.S. handles it’s real estate foreclosures differently, it’s important to understand those differences and know your specific state’s procedures. The terms used and time frames vary greatly from state to state, but the following information provides a general overview of the different processes and considerations. If you [...] We are very pleased and proud to have Jeremy Olsan “in-studio” this Sunday. It’s been a while since he appeared on the show and many issues have surfaced since his last appearance–Foreclosures, Short-Sales, Debt Foregiveness, Recourse Loans, on and on! We’ll be discussing the recent article in the Press Democrat on faulty foreclosures and [...] Realty Trac reports–Foreclosure activity increases 4 percent in Q3 Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 930,437 properties in the third quarter, a nearly 4-percent increase from the previous quarter, but a 1-percent decrease from the third quarter of 2009, according to RealtyTrac’s latest U.S. Foreclosure Market Report. [...] Follow this LINK to our Radio Show “Short-Sale,Foreclosure Scam and HAFA” folder. This folder contains all the information we spoke of today plus additional publications on how to do a short-sale and other interesting articles, checklists and alerts. Remember, DON’T sign ANYTHING without first having your attorney and or accountant thoroughly review the document!! At [...] These Red Flags should alert you to possible Foreclosure Scams coming at you! Don’t compound the difficulty of possible foreclosure by adding insult to injury and falling for a shark! If you’re looking for foreclosure prevention help, avoid any business that: guarantees to stop the foreclosure process – no matter what your circumstances instructs you [...] Navigating Short Sales: What to Do When the Sale Price Leaves You Short If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where [...] The above chart is startling to say the least. Never in my 30+ years in the business, and one could argue since the Great Depression, have we seen THIS many homes being sold because the owners OWED MORE than the property was worth. Look at the timeline since 2000 and then for the [...] I ventured out onto the internet and was reading an article on how NAR (National Assoc. of Realtors) is trying to get the big peer banks(BofA, Wells Fargo, CitiMortgage, Chase) to start getting some conformity and consistency of policy regarding the sticky business of Short-Sales. I was surprised at the depth of the Short-Sale portion [...] Judicial and Non-Judicial Foreclosures Each state in the U.S. handles it’s real estate foreclosures differently, it’s important to understand those differences and know your specific state’s procedures. The terms used and time frames vary greatly from state to state, but the following information provides a general overview of the different processes and considerations. If you [...] Go to the following LINK and see our too funny Halloween Rap!! Gotta have fun! Share and Enjoy: |
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