October 2013 Blog Posts (6)

Properly Evaluating a Potential Investment Home

How to properly evaluate a potential investment property

photo credit: Håkan Dahlström via photopin cc
photo credit: Håkan Dahlström via photopin …
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Added by Michael Collins, CDPE, SFR, BPOR on October 31, 2013 at 10:17am — No Comments

Bankruptcy Myths

Deciding to file bankruptcy is a very difficult decision. When making this sort of decision you should always consult with a bankruptcy attorney. A bankruptcy attorney is someone who can help you decide if this is the correct option for you. A bankruptcy attorney is someone who could let you know the pros and cons of filing a bankruptcy.

To help you get an idea, filing a bankruptcy and receiving relief from debt takes only about 3 to 6 months. Although it will stay on your credit for…

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Added by Ray Garcia on October 15, 2013 at 11:00pm — 1 Comment

CITI Financial Promise to call

I just had to share what happened to me with this short sale.

It took me 6 weeks to get the 3rd party Authorization through with CITI Financial. I had to refax it in over and over and so did the seller. We finally got them to accept it after I sat with the seller and we both called them together to get them to talk to me.

After I finally got the authorization, I was told for a week that the file was in litigation and they could give me no information.

Well, I figured…

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Added by Judi Fiolle on October 13, 2013 at 6:00pm — No Comments

List of lenders who give loans one day after a short sale or foreclosure

This is the new "thing"! Sub-Prime lending is back in a big way.  There are many lenders out there writing portfolio loans to buyers one day after they do a short sale or foreclosure.  Here is a list of a few, comment below if you have any of your own to add to our list -

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1.) Amerifirst Financial

Non-Prime…

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Added by Mike Linkenauger on October 4, 2013 at 1:00pm — 1 Comment

Wisconsin August 2013 Housing Statistics

Counties of WI The Wisconsin housing statistics are in for August of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Home sales and median prices both grew at a healthy pace in August, continuing the hot real estate market in Wisconsin. Existing home sales were up 13.7 percent in August compared to last August, closing out a very strong summer for home sales and 26 straight months of sales growth.…

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Added by Michael Collins, CDPE, SFR, BPOR on October 3, 2013 at 4:45pm — No Comments

Home Renovations That Don’t Add Much Value to a Home

These home renovations tend to not pay back your investment.

photo credit: Jeremy Levine Design via photopin cc
photo credit: Jeremy Levine Design via photopin …
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Added by Michael Collins, CDPE, SFR, BPOR on October 3, 2013 at 12:09pm — No Comments

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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

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