Steve Wilde's (shortsalesteve) Blog

NORTH CAROLINA SHORT SALE ADDENDUM. The North Carolina Short Sale Addendum to the Offer toPurchase and Contract states: “Buyer and Seller understand that additional offers may be receivedby the Seller’s Agent, which must be presented to the Seller pursuant to North Carolina law. Suchoffers may be...

There is a new game in town and it goes by the intimidating name of “Flopping.”  Freddie Mac and Fannie Mae also use another name…Mortgage Fraud.  Did that get your attention?  It should.  The real estate agent will encounter this in a number of ways but most ways will be a variation of the follo...