Archive for April, 2009

NOTICE: Fannie Mae and Freddie Mac Foreclosures Bans Expire…Now What?

A ban on foreclosure sales and evictions from houses owned by mortgage giants Fannie Mae and Freddie Mac, which began as a high-profile effort just before the holidays to keep people in their homes as the government tried to come up with homeowner rescue plans, is over.
Spokesmen for Fannie Mae and Freddie Mac confirmed the [...]

Banks “Shadow Inventory” Could Create Havoc Soon….

A vast “shadow inventory” of foreclosed homes that banks are holding off the market could wreak havoc with the already battered real estate sector, industry observers say.
Lenders nationwide are sitting on hundreds of thousands of foreclosed homes that they have not resold or listed for sale, according to numerous data sources. And foreclosures, which banks [...]

Become Our Co-Author….”Should I Shortsale My Home?”

Ever considered becoming an author?
But, never have had the time to write your own book…or maybe you just don’t have the patience?
No problem…….
Now you can become a Published Co-Author…for less than $50!
Chances are you have come across another Realtor who has become one of our Co-Authors.
Literally, hundreds of fellow Realtors can now consider themselves our [...]

Mortgage And Loan Modification Scams On The Rise….Homeowner Beware!

Realtors, loan officers…everyone. Read this post immediately. There has been a dramatic spike in FORECLOSURE and LOAN MOD SCAMs.
Mortgage Loan Modification Scams: Typically what is happening is that troubled homeowners are paying $1000…$2000…$3000 UP FRONT and receiving no services. Whats worse, many of these LOAN MOD scammers are collecting the fees and never doing [...]

CountryWide Shortsale Problems….Here Is A Great Tip…

Thanks to HREU student Frank Wible for sending in this tip…..

Great NEW Tip With Countrywide Short Sales… A Must Read!!
Realtors, learn now how to easily list and sell short sales. Watch the FREE Agent Shortsale Secrets video now…and then downloand your FREE Agent ShortSale Secrets book!

CUT 2 WEEKS OFF YOUR SHORT SALE WAITING TIME BY [...]

You Simply Won’t Believe This…’Fake Famlies’ Staging New Builds….

DISCLAIMER: I am not making this up…this was a story on NPRNews.

You’ve heard of staging homes before…but what about staging neighborhoods?  You won’t believe what builders are doing these days!

Ok, so Julie and I were driving home listening to NPR when we heard this story….

Evidently, CENTEX Homes has started hiring ‘Fake Families’ to ‘live’ [...]