April 2009 
There are 1 blog entries for April 2009.
When to go after a Short Sale...
Friday, April 10th, 2009 at 11:11pm. 773 Views, 0 Comments.
When the mortgage meltdown began, one of the first consequences was the phenomenon of the now all too familiar "short sale". When short sales started spiking in 07, it was the first time that many Realtors had even heard the term (including myself). The preceding years had been a time booming appreciation, and the idea that homewowners would end up not being able to sell their homes for what they paid for them unthinkable.
Of course all that changed starting in late 06, and the short sale was something that like it or not most Realtors were going to have to learn the ins and out's of if they wanted to survive. The problem was, that short sales were (and still are somewhat) notorious for being exteremely slow. In many cases, everyone involved ends up…
The Oakland Real Estate Market is HOT
I'm happy to say, that there is definitely a significant increase in activity compared to this time last year. Multiple offer... Add Comment Read MoreShort Sale Debt Cancellation Set to Go Away
Originally, when you did a short sale you were taxed on the amount that you were forgiven by the lender. This was a seri... 13Comments Read MoreChanges To FHA Mortgage Insurance Premium
The Federal Housing Administration recently announced an increase in the upfront Mortgage Insurance Premium. Mortgage insuran... 4Comments Read More
