Work with home Realtors who know the local area well. They will often know about new property on the market before it becomes officially listed, and they can steer you toward homes that fit your family's needs and desires. It's not a secret that … [Read more...]
Short Sales: Are the Numbers Beginning to Slide?
RealtyTrac recently released their Q1 2013 U.S. Foreclosure & Short Sales Report™. One of the more interesting revelations in the report was the decrease in the number of short sales being completed. According to the report, properties not in … [Read more...]
How to Short Sale: Chase’s New Process and Timeline
In an attempt to help more consumers who are facing foreclosure, Chase has streamlined their requirements in order to expedite their short sale process. We will cover the basics on the process and timeline in this post. Chase will let you start the … [Read more...]
Short Sale Question: Who Owns the Loan?
The short sale process can be very complex. Every bank and investor has a slightly different program and set of guidelines they follow. Since each investor has different rules and guidelines, it can help you considerably to find out who the investor … [Read more...]
Short Sales: U.S. Treasury Discusses Escalation Tool & More [VIDEO]
For today’s blog post, we’re excited to have Brandon Brittingham, co-author of the Short Sale Campus (SSC) designation, share with us his interview with a member of the U.S. Treasury. – The KCM Crew You may not be aware of the role the … [Read more...]
Distressed Sales Down
Foreclosed property in January was reported as selling at a 20 percent discount, while short sale properties sold at a 12 percent average discount according to the January REALTORS® Confidence Index. Approximately 24 percent of sales were distressed … [Read more...]