Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, accounting for 19% of all residential...
A short sale is when a property is sold for less than its remaining mortgage principal balance, and executed as a way for both the existing homeowner and mortgage lender to reduce their respective losses. Typically, although not always, short sales are reserved for...
This was emailed to me and I thought it would be some good information to share with everybody: "Hello, We are sending you this info to inform you on some new Fannie Mae policies and it's effects on the REO inventory. Please read.... HAMP has officially stopped 1...
480-705-9600