Got Foreclosure! - Blog

The NAR and several high-profile broker advisors agree with my assessment of the difficulties surrounding short sales that involve listing or buyer’s agents.
A NAR committee is pondering changes in disclosure guidelines.
Meanwhile, broker advisor Jonathan Goodman reveals telling advise in an interview with Mark Eibner:
Jonathan Goodman: “I advice my real estate broker clients that they do [...]

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Few creative ways of boosting affordability are as effective as a lower purchase price.
You may have thought so, but take a look at these charts to get a real feel for how large an impact the purchase price actually has on affordability, when compared to the effect of a wide range of interest rates.
However, in [...]

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Many real estate agents and investors are diving into the foreclosure “short sale” arena these days, and are asking themselves not only how to get deals accepted but also how to get paid…
Here is the problem: A lender taking a hit on a loan that has gone bad doesn’t want to take a loss and [...]

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For all investors (beginning and seasoned), and for all move-in home buyers who are looking for opportunities in the foreclosure/REO market, GotForeclosure.com is launching its first “Property Tour Event”.
…great foreclosure bargain deals are here now - what are you missing to get the one that’s right for you?
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“…into a snowball effect.”
Karen Mann, a San Francisco Bay area appraiser, said this, and she is talking about home valuation for the purpose of refinancing. A whole article on BusinessWeek today talks about the glum and gloomy outlook for overleveraged home owners.
After all, why would anyone want to refinance, if it wasn’t for the purpose of [...]

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