Mussings on Short Sales and other Things

I have heard a few "horror" stories, and agreee. Tell your selling clients not to cut off their homeowners insurance until the transaction has been completed. I have told mine to put the cut-off date a few days after closing for two reasons. 1) They have time to reactivate if closing doesn't take...

Your Distressed Property and Short Sale Expert in Maryland 'Would you like to "improve" certain parts of your body?' Yes, Banks are so hard up that now they are allowing advertising software companies to browse your purchases, and your purchase history, to place affinity ads onto your online bank...

Your Distressed Property and Short Sale Expert in Maryland  If you haven't gone through foreclosure, or been very near someone going through foreclosure, as I have been, it's may be difficult, or impossible, for you to understand. Let me help you a bit.  Have you ever had a real problem you could...

Your Distressed Property and Short Sale Expert in Maryland  It sure can be! Not the flipping horrors stories, where the agents/brokers, appraisers, and lenders, colluded to defraud buyers/borrowers, but the FHA sanctioned practice of rehabbers buying, fixing and reselling homes within the 90 day ...

Your Distressed Property and Short Sale Expert in Maryland  Yes, the Internal Revenue Service needs time to revise some forms specifically for most homeowners since Congress was so late revising the tax code - just a month ago. The forms must be altered because of the "Tax Relief, Unemployment In...

Your Distressed Property and Short Sale Expert in Maryland  When President Obama refused to raise taxes for most Americans he made it much more difficult for his admistration to cut the US budget deficit, due to lower, or not rising, tax revenues. Now he plans to propose some deep budget cuts, bu...

Your Distressed Property and Short Sale Expert in Maryland  The US Treasury plans to convert it's hugh preferred stock holdings in AIG to nearly 1.7 Billion shares of common stock, a 92% ownership stake of AIG, that it hopes it can sell over the next two years. The US bailout to AIG hit $180 bill...

Your Distressed Property and Short Sale Expert in Maryland  An Internatinal Builders Show forecast predicts a sharp US economic surge leading the housing industry to big gains in the next two years. Many homebuilders actually seeing the housing market just not getting any worse, however. All agre...

Your Distressed Property and Short Sale Expert in Maryland Will the Banks ever stop paying for their horrible lending practices? Besides the recent assaults from state courts, 50 State Attorney Generals, Congress, and homeowners, now the investors who provided funding to the banks for home loans,...

Your Distressed Property and Short Sale Expert in Maryland  Housing, which usualy leads US economic recoveries,will not do so this time. The Fed's monthly Beige Book for January 2011, included anecdotal evidence from the Fed's twelve regions: housing and finance showed continued weakness due main...