Distressed

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Short Sales Increasing, Some are Taking Less Time, Huntsville TX Real Estate

Short Sales Increasing, Some are Taking Less Time, Huntsville TX Real Estate

The number of short sales is increasing as banks like the idea of getting rid of properties before taking ownership of them.  One of the biggest hurdles to date with the short sale process has been time.  The amount of time that it has taken to close a short sale deal has been roughly 9 months on average, frustrating to both the buyer and seller. Those buying short sale properties as an investment may have time to waste waiting for … Continue reading Short Sales Increasing, Some are Taking Less Time, Huntsville TX Real Estate

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Bank Of America Shortens Decision Times on Short Sale Offers

Bank Of America Shortens Decision Times on Short Sale Offers

Beginning Saturday, April 14 Bank of America will be ready to approve short sales in 20 days. Bank of America announced it’s making changes to its short-sale procedures that will shorten decision times on short sale offers to 20 days, down from 45 days or longer. The move could spare delinquent homeowners from months of limbo while the bank considers offers from buyers. No longer will the buyer have to wait up to 6 months for the Bank to approve … Continue reading Bank Of America Shortens Decision Times on Short Sale Offers

Also posted in Certified Distressed Property Experts, CDPE, Tucson, Arizona Short Sales, Vallee Gold Team | Comments closed
Tips on How to Bid on a Short-Sale

Tips on How to Bid on a Short-Sale

A knowledgeable Buyer can pick up a great home at a favorable price by preparing for a real estate short sale. When a seller needs to sell their home for less than they owe on their mortgage, they’re shooting for a short sale.  Short sale homes can sometimes be bargains, but only if you do your homework, stay patient, and remain unemotional during the sometimes lengthy and difficult short sale process. Here are some great tips for protecting yourself emotionally … Continue reading Tips on How to Bid on a Short-Sale

Also posted in Buyers, Certified Distressed Property Experts, CDPE, Home Buyers, Tucson Home Buyers, Tucson, Arizona Short Sales | Comments closed

HAFA Program March Updates “Tucson Short Sale Help”

The Obama Administration just announced some major updates to the Home Affordable Foreclosure Alternative Program, also know as H.A.F.A.  The HAFA program  is a government-sponsored initiative assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure through short sales and died-in-lieus. The HAFA updates will allow more distressed homeowners to seek assistance with the HAFA eligibility deadline was recently extended a full year, from December 31, 2012, to December 31, 2013. Don Vallee, Certified Distressed Property Expert  has … Continue reading HAFA Program March Updates “Tucson Short Sale Help”

Also posted in Certified Distressed Property Experts, CDPE, RE/MAX Excalibur Realty, Vallee Gold Team | Tagged , , , , , , , | Comments closed
Should You Buy Toronto Real Estate Right Now?

Should You Buy Toronto Real Estate Right Now?

Real estate is a hot topic, and, being a Toronto real estateprofessional, there seems to be no shortage of people who want to ask me one primary question. Should I buy a house? Maybe the expectation is a one-size-fits-all answer of “Yes,” and I suppose I could point out that with low interest rates, now is a great time for anybody to buy. But the truth is, there is no one-size-fits-all answer. Whether it’s a first-time homebuyer, a “move-up” buyer, … Continue reading Should You Buy Toronto Real Estate Right Now?

Also posted in Home Buying In Toronto, Home Selling In Toronto, How Toronto Real Estate Agents Help | Tagged , , , , | Comments closed
Distressed Property Buying Should Be Easier

Distressed Property Buying Should Be Easier

Distressed property sales, namely short sales and foreclosures, should be easier in coming months. The painfully slow process of buying distressed property has turned many potential buyers off, unwilling to wait 6 months  or more to close on a property that they intend on living in. Not many people have that kind of time, never mind patience! The good news is that banks and loan holders have become seasoned enough that the process is becoming speedier. This means that real … Continue reading Distressed Property Buying Should Be Easier

Also posted in Market Update | Comments closed
RE/MAX EXcalibur 2012 Sales Rally Alex Charfen “Market Is Shifting”

RE/MAX EXcalibur 2012 Sales Rally Alex Charfen “Market Is Shifting”

Alex Charfen founder of Institute Of Certified Distressed Property Institute, CDPE, commented that Arizona has less than a month and half months inventory. There are investment opportunities everywhere with 12 percent cap rate. In Arizona, major lenders consider number of short sales are going through the roof and foreclosures have plummeted. Two lenders confirm the reason for the change is due to educated real estate agents. Real Estate agents are saving this market. The lenders recognized that they need educated … Continue reading RE/MAX EXcalibur 2012 Sales Rally Alex Charfen “Market Is Shifting”

Also posted in Certified Distressed Property Experts, CDPE, CIAS, General, Listing, RE/MAX Excalibur Realty, Real estate investor, Uncategorized, Vallee Gold Team | Tagged , , , | Comments closed

What Is Home Affordable Foreclosure Assistance or HAFA?

What is HAFA? The HAFA program was designed to help people that borrowed money to buy a home and now they find themselves owing more on the mortgage than the home is worth. This program was to assist the borrower that is in default or distress and is no longer able to make the mortgage payments. Fannie Mae has created some guidelines to qualify for this program. Many borrowers have a ton of questions about the program, therefore Fannie Mae … Continue reading What Is Home Affordable Foreclosure Assistance or HAFA?

Also posted in Certified Distressed Property Experts, CDPE, Tucson, Arizona Short Sales, Vallee Gold Team | Tagged , , , | Comments closed
Tucson Short Sale Consultants Help People That Need To Sale In Todays Market

Tucson Short Sale Consultants Help People That Need To Sale In Todays Market

Don & Kathy Vallee HELP…people figure out if they should consider a “Short Sale” Resolve to Face the Facts! Since 2007, 8.9 million homes have been lost to foreclosure and millions more are headed in that direction. As a real estate professionals who have earned the Certified Distressed Property Expert (CDPE) designation, our mission is to ensure that you or anyone you care about does not add to that statistic. The unfortunate fact is that so many homeowners who have … Continue reading Tucson Short Sale Consultants Help People That Need To Sale In Todays Market

Also posted in Certified Distressed Property Experts, CDPE, Finance, Local Businesses, RE/MAX Excalibur Realty, Tucson, Arizona Real Estate | Tagged , , , , , , | Comments closed

Freddie Mac offers to pay up to 3% of buyers closing costs…..

Homesteps (Freddie Mac Real Estates Sales Unit) also offers a 2 year home warranty, 30% off the purchase of new appliances and will pay realtors in 28 states $1,000 Bonus……as long as the offer is received between 11/15/2011 and 01/31/2012, and it has to be closed on or before 3/15/2012. Read the entire article Art & Brigitte Shultz The Shultz Team Re/Max Premier Realty Ocala, FL Toll Free: 800-243-4087 Direct: 352-291-1276 Info@OcalaVisualTours.com www.OcalaVisualTours.com  

Also posted in Buyers, foreclosure, Home Buyers, real estate | Comments closed
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