Recent foreclosure

  • by Lane Bailey

    You aren’t going to find many real estate agents that are going to say this…
    You may need to talk with an agent that specializes in helping people through short sales!
    And it isn’t me.
    That’s right.  It isn’t me.  I don’t specialize in foreclosure mitigation or short sales.  It seems to be the “hottest” new specialty [...]

  • by Lane Bailey

    I heard two interesting points on the news today.  First, the screaming-stay-tuned-after-the-break headline…
    Foreclosure filings skyrocket 65%
    And then the less hyped statistic…
    One home is 500 in some stage of the foreclosure process
    That means that 0.2% of homes are somewhere in the foreclosure process.  That means that previously it had been 0.12%.
    Does that sound as ominous?

  • by Lane Bailey

    There are a couple of stories in the last few days that have hit the same sour note.  And, if you are selling your home (with or without representation), you need to be aware of this situation.

    Loan fraud is still rearing its ugly head.  Speaking at the Mortgage Brokers Association fraud conference:
    Merle D. Sharick, vice [...]

  • by Lane Bailey

    If you didn’t know, this little thingie (≠) is the ‘does NOT equal’ sign.
    photo credit: ejhogbin

    So many people have an idea that price and value are connected… or more specifically, discount from original list and value have a connection… they don’t.  Bluntly, two buyers could go out and buy properties in the same neighborhood.  [...]

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