Short Sales
How long does it take short sales in Reno and Sparks to close?
“Hurry up and wait” is the mantra for short sales. Quickly submit your offer to beat other buyers and then wait on the bank. So how long do you have to wait? (Check back next week to learn how buyers can speed up a short sale.) I took data from the past six months (February-July) […]
Get paid $3,000 to Short Sell Your Home.
Recently Kristopher and I were tasked with helping a dear friend of mine short sell her home. When the payment of your mortgage is too much of a burden and you are far from ever recovering (turning right side up), it may be time for you to short sale your home. Instead of riding out […]
Fannie Mae And Freddie Mac Short Sales To Get Shorter
Fannie Mae and Freddie Mac to shorten short sale time frames. Good for both buyers and sellers in Reno and Sparks.
Short Sales May Get Shorter In Reno and Sparks
Short sale time frames set to decrease due to AG multi billion dollar settlement. See how this affects you in Reno or Sparks, NV.
Freddie Mac Waives Deficiency Judgments
Freddie Mac waives deficiency judgments for short sales and deed-in-lieu of foreclosure in Nevada.
Watch Out Walk Away Home Owners
The creator of FICO scores, Fair Issac, has developed a program that will predict which home owners may strategically default. The program takes into account many different aspects of a borrowers finances including but not limited to: Length of home ownership Credit Card Debt Timeliness of bill payments Newly opened credit card accounts According to […]