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- Short Sales Continue to Become More Common than Foreclosures
- Foreclosures Avoided with 422,000 in Short Sales and 850,000 in Loan Modifications in 2012
- Obama Administration Reports on Loan Modifications and Foreclosures in January
- Freddie Mac’s New Short Sale Process Has Begun to Take Hold
- U.S. RMBS (Residential-Mortgage Backed Security) Delinquencies Dropped in Q4 2012
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Tag Archives: short sale process
New Short Sale Rules Take Effect in June
With short sales expected to outpace foreclosures in the coming year, the short sale process itself will be streamlined under new guidelines adopted by Fannie Mae and Freddie Mac. The guidelines, which take effect on June 15, 2012, require mortgage … Continue reading
Posted in News
Tagged borrower, Fannie Mae, foreclosure, Freddie Mac, homeowner, housing market, housing prices, mortgage, mortgage note, mortgage servicer, RealtyTrac, short sale, short sale lender, short sale process
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Realtor Tip 12: Selecting the Right Title Company for a Short Sale
If you are working with a client on a short sale, you should be aware that the process is unique and may force a title company to step outside the norm In our experience, title companies often can cause more problems than they help resolve in the closing of a short sale Continue reading
Posted in Short Sale Realtor Tips
Tagged attorney fees, escrow fees, HOA fees, home warranty, HUD-1, lender, settlement statement, short sale, short sale agent, short sale lender, short sale process, title company, title report
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Keys to Short Sale Success: Cooperation and Responsiveness
A short sale can help you avoid foreclosure and is an invaluable option if you are delinquent on your mortgage During a short sale, the seller is expected to provide various documents to the realtor to give to the lender Continue reading
Posted in Homeowner Information
Tagged avoid foreclosure, Dallas short sale, documents, financials, foreclosure, negotiation, short sale, short sale process, short sale realtor
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John Anderson