As of June 15th, a new Fannie/Freddie guideline will take effect in how short sales are sold. While short sales aren’t a huge part of Read more
Foreclosures
Last week 49 states (Oklahoma is the hold out) reached a settlement with the five biggest loan servicers in the US as the lengthy investigation Read more
The foreclosure market in Arlington: Recent articles show National averages of 1 foreclosure filing for every 563 homes. While the most chatter is about the Top 5 Read more
If you’re upside down on your mortgage and can’t afford to or don’t want to keep paying your mortgage, you essentially have 5 options moving Read more
You’ve been warned and you’ve heard horror stories of short sale transactions, but do you actually know why they’re called a short sale?
These distressed Read more
If you’re friends with me on Facebook, you’ll know that I LOVE the show Extreme Couponing on TLC. It blows my mind what these people Read more
The last five months (Oct 2010 – Feb 2011) we’ve seen the following number of distressed sales in Arlington: 26, 19, 10 ,10 12, and Read more
This morning on the Today Show their real estate segment said the national sales data for 2010 shows about 30% of sales were foreclosures. All Read more
A MSNBC Article today makes headlines by noting that Foreclosures fell to the lowest level in 18 months in November. The article gives some insight Read more
Looks like a minor Christmas Miracle will postpone foreclosures for a 2 week period surrounding the Holidays this year. While delaying the inevitable, Fannie Mae, Freddie Mac, Read more