Common Short Sale Issues
What is a short sale in Palm Harbor or Dunedin and what are some common issues you might face. Let’s start with what a short sales is. A short sale, according to the CDPE website, is “when a negotiation is entered into with the homeowner’s mortgage company (or companies) to accept less than the full…Read More »
How Long Will A Short Sale or A Foreclosure Stay On Your Credit
As a CDPE (Certified Distressed Property Expert) in the Tampa Bay real estate market, this is a question that we get all of the time and it seems that no one wants to answer it for homeowners who are in distress. The reason for that is that there is HUGE liability to giving out incorrect…Read More »
How to Avoid a Palm Harbor Foreclosure
Having to consider a Palm Harbor foreclosure can be tough. Even if you are currently faced with a financial crisis, there are other options you have which might help to to avoid a foreclosure. As they say, the first step to fixing a problem is admitting there is one. Here are five crucial tips to…Read More »
Pinellas Short Sale Realtors MARS Disclosure Requirements
There are new disclosure rules for Pinellas short sale Realtors under the MARS Mortage Relief Act disclosure requirements as of January 31, 2011.
Pinellas Short Sale Realtors on Scams and Fees for Pinellas County Short Sales
Pinellas Short Sale Realtors and ‘processors’ can NOT charge any upfront fees for short selling your house or working on a loan modification. That being said, we do earn money processing Pinellas County Short Sales – and your agent or processor MUST disclose this. Sadly there still are unscrupulous folks were out there charging upfront…Read More »
Fannie Mae to Punish Strategic Defaulters with 7 Year Lockout
Pinellas short sales, deeds in lieu and loan modifications remain a better option than walking away from your mortgage. Last week, Fannie Mae came out last week with big guns and their new policy to punish those who choose strategic default – which is walking away from your mortgage even though you can afford to…Read More »
The Excruciating Pain with Pinellas Short Sales
Pinellas Short Sales cause excruciating pain. Trust me, the Pinellas Realtors we meet all agree. There’s childbirth, tooth extractions, Strep throat, getting a needle in the eye and the heartache of getting dumped by the girl in high school at the Senior Prom. None hold a candle to the pain of buying a short sale. Can it be done? …Read More »
Short Sale Pinellas Anyone? Shoulda Coulda Woulda: Tarzan and Jane’s Story
As promised in our Pinellas Short Sales Shoulda Coulda Woulda Roller Coaster post, this is the first story of many to come. Names have been changed and we plan to have some fun with them. Read and perhaps save someone from swinging from a thin rope. Short Sale Pinellas Anyone? Tarzan Doesn’t Need Help. We met Tarzan and Jane…Read More »
Pinellas Short Sales and the Shoulda Coulda Woulda Roller Coaster Ride
How not to become one of the many Pinellas County short sales? Maybe by hearing first-hand accounts of how nice people unknowingly BLEW IT and ended up being yet another of the many Pinellas Short Sales or foreclosures on the books. Are you or is someone you know teetering on the edge of being upside down with their Pinellas property values? Could…Read More »
Understanding Pinellas Foreclosures and Short Sales: A Glimpse into Murky Waters
There’s some great news for buyers looking for Palm Harbor foreclosures AND some promising news for Dunedin home owners in trouble – IF their loans happen to be backed by Fannie Mae. This post will address the plans that are in play to simplify the Pinellas short sale approval process and hopefully modify or refinance…Read More »
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