September 2013 Blog Posts (12)

PROTECTING TENANTS IN FORECLOSURE - AMAZING LOOPHOLE THAT ALLOWS THE RENTING OF A HOME IN FORECLOSURE

The Protecting Tenants at Foreclosure Act of 2009 clearly stated that any lease entered into AFTER the notice of foreclosure did not have the protection of the Act to allow the full lease term to run.  But the Dodd-Frank Wall Street Reform and…

Continue

Added by Richard Zaretsky on September 30, 2013 at 8:27am — 3 Comments

Short Sales & Chase or any other Lender for that matter...that wont respond

Escalate the issue to management stay on the line until you get someone somewhere that will provide professional help. I suspect your specialist has been removed from that file left or went on vacation often happens.

Added by connie mulgrew on September 25, 2013 at 2:38pm — No Comments

URGENT help needed with CHASE

We have been under contract since April 5th on a CASH offer with Chase on an FHA Short Sale.

We have already been given a verbal approval on the offer and all terms by all parties.

We are schedule to close Monday, September 30th, but we can't get anyone at Chase to give us an Approval Letter.

The person we have been given as a contact is titled "Listing Assistant Specialist" and she has not responded to numberour phone calls and e-mail over the last 3.5 weeks.

Can…

Continue

Added by Deb McCutcheon on September 24, 2013 at 4:32pm — 2 Comments

Collecting rent on a short sale

Question, I have a client that is in the middle of doing a short sale and is collecting rent on their home but not paying the mortgage. They are telling me the bank has ok this and I think is it illegal. Please advise me on how to handle this issue

Added by Tami Smith on September 20, 2013 at 8:09am — 18 Comments

Has anyone tried Auctioning Short Sales?

I recently joined RealEstateAuctions.com and I have heard about sellers putting their short sales up for Auction!  That is an interesting idea.  Has anyone tried that or heard of that working before?

Added by Debbie Caruso on September 18, 2013 at 1:04pm — 1 Comment

Homepath listing has tenants in place and is allowing investors to bid within 3 days of coming to market

While checking today's HOTLIST in our Central Oregon Realtors Association MLS, there's a new Fannie Mae owned listing with tenants in place and Homepath is allowing an investor to bid within 3 days of marketing time.  Finally!

Added by Mary Gemba on September 16, 2013 at 11:02am — 3 Comments

Proper Pre-Approval Guidence Averts Disappointment

I am currently working with a buyer that did not have good guidance when starting the home buying process. The problem; the loan consultant completely overlook a foreclosure. (How that could happen, beats me!)  But, these poor customers went through the whole buying process paying for all inspections, including a VA appraisal.  Just to be declined in underwriting 1 week before the close date!  If their lender had had run the AUS, it would have caught the Foreclosure…

Continue

Added by Ingrid Pierson on September 13, 2013 at 3:35pm — No Comments

Home Features That Draw the Highest Price

Best home features to draw the highest sale price.

photo credit: Jeremy Levine Design via photopin cc

photo credit: Jeremy Levine Design via photopin …

Continue

Added by Michael Collins, CDPE, SFR, BPOR on September 12, 2013 at 11:37am — No Comments

Picking the Right Neighborhood for Flipping a Home

Which type of neighborhood is best for flipping homes?

photo credit: Martin LaBar (going on hiatus) via photopin …
Continue

Added by Michael Collins, CDPE, SFR, BPOR on September 11, 2013 at 11:16am — No Comments

Accurately Estimating Repairs for a Potential Home Flip

Estimating house repairs accurately for an investment/flip.

photo credit: Nebojsa Mladjenovic via photopin cc
photo credit: Nebojsa Mladjenovic via photopin …
Continue

Added by Michael Collins, CDPE, SFR, BPOR on September 10, 2013 at 10:25am — No Comments

Top Mistakes Rookies Make in Home Flipping

Rookie mistakes when flipping a home.

photo credit: Jeremy Levine Design via photopin cc
photo credit: Jeremy Levine Design via photopin …
Continue

Added by Michael Collins, CDPE, SFR, BPOR on September 9, 2013 at 11:09am — No Comments

We cannot overstate how hard Mike worked on our behalf

Rock Realty Client Testimonials



"We found Mike online, and, due to positive reviews, phoned him with a request to view houses in the Madison area. We gave Mike no more than one or two days notice, but he was happy to devote the whole of his weekend to us. Our entire house-hunting experience proceeded in similar fashion. We were hunting for houses long distance, so we would wait until an opportunity to travel to Madison presented itself, phone Mike,…

Continue

Added by Michael Collins, CDPE, SFR, BPOR on September 5, 2013 at 9:56am — No Comments

Monthly Archives

2019

2018

2016

2015

2014

2013

2012

2011

2010

1970

Forum

Ocwen Contacts Short Sale Package

Started by Jan Baron in Rants and Raves. Last reply by Anna Wilk Jan 14, 2016. 5 Replies

Shellpoint Mortgage

Started by Celeste ODea in General Discussion. Last reply by Brett Goldsmith Sep 4, 2015. 3 Replies

Extension Fees & Closing

Started by Colleen J Couse in Rants and Raves. Last reply by Brett Goldsmith Sep 3, 2015. 1 Reply

© 2019   Created by Mike Linkenauger.   Powered by

Badges  |  Report an Issue  |  Terms of Service