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Short-Sales and “Deeds-in-lieu” UP according to the Treasury Department! But Loan Mods–50% fall out! and Carrie Bay report: The Treasury Department released a new report on the government’s foreclosure prevention efforts Friday. In addition to the Home Affordable Modification Program (HAMP) numbers that are regularly recounted, new this month are details on short sales and deeds-in-lieu, as well as second lien modifications.

Treasury reports that as of the […]

Getting your SHORT-SALE APPROVED! 10 ways to avoid being DENIED!

The Short-Sale process, if done correctly, will find the Realtor/Agent working extensively BEFORE the listing EVER hits the market. Here’s what needs to be AVOIDED  to ensure a viable and successful short-sale:

1.  Pricing the Short-Sale Incorrectly–either the agent or Seller waits WAY too long to bring up the Short-Sale and the agent then prices it […]