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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How’s that for a provocative title? But unfortunately it’s true!
And there is a lot of frustration out there among agents that have a bunch of “short sale” listings that aren’t selling.
It’s no surprise, because a “short sale flag” on an MLS listings is the “kiss of death” most of the time. There are three reasons [...]

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Finding good property deals in a market that is flooded with foreclosures can be tricky. What is the best way to find and buy in this market?
Working foreclosure lists yourself, or following the constant stream of new MLS listings are good methods, but it takes a lot of time and/or a sophisticated system to keep [...]

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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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The reality of the foreclosure tsunami is slowly hitting home even with lenders and sellers. The constant pounding of the media is doing its thing. Eroding confidence in home prices is the first step to letting the market drop to where buyers might be willing to step up to the plate (if they can still [...]

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