Archive for April, 2010

America’s Report Card on Education

Saturday, April 17th, 2010

America’s Report Card on Education There’s good news and bad news about the state of public education in the United States. While the greatest gains have been made in Math and Science education from 1995 to 2003, most Americans still only give public schools a below-average grade. Take a graphic look at America’s Report Card […]

Biggest Celebrity Real Estate Losers

Saturday, April 17th, 2010

The Biggest Celebrity Losers Even celebrity home prices have hit rock bottom. 1. Suzanne Somers Was: $35 million Now: $12.9 million Along with hubbie Alan Hamel, Somers has been working on this huge, 65-acre desert compound outside Palm Springs since 1977. “Les Baux de Palm Springs” mixes the charm of the French countryside with Hollywood […]

Short Sales: Obama Offers More Help To ‘Underwater’ Homeowners

Thursday, April 8th, 2010

WASHINGTON — The government launched a new effort on Monday to speed up the time-consuming, often-frustrating process of selling your home if you owe more than it’s worth. The Obama administration will give $3,000 for moving expenses to homeowners who complete such a sale – known as a short sale – or agree to turn […]

Stolen a Car Recently?

Wednesday, April 7th, 2010

Via: Auto Insurance

This Makes it All Better

Thursday, April 1st, 2010

The Short Sale World Is Spinning

Thursday, April 1st, 2010

The Short Sale World is Spinning 2MP,HAFA and Second Chance Can HAFA Work With 2MP? First, the news on 2MP, Treasury’s second lien modification program that works in tandem with HAMP. As we mentioned here last week, Wells Fargo signed on to the program. In January, Bank of American was the first major servicer to […]

HAFA Update

Thursday, April 1st, 2010

White House “Beefs Up” the HAFA Plan and offers “Unemployment Assistance”: In an announcement today, the White House announced some big changes / improvements to the HAFA plan. The changes are vast and in some cases a huge improvement upon the earlier HAFA version. Key points include: Principal Reductions for Underwater Mortgages FHA Refinancing for […]

No Positive Equity until 2020?

Thursday, April 1st, 2010

This morning, reported that First American CoreLogic’s recent study shows that some areas in the U.S. have properties that are in a present negative equity scenario that will not see positive equity until 2020. Many of us knew it would be a while, but 2020? Their stats are based on data extracted from research […]

The Wisdom of Lowering a Short Sale

Thursday, April 1st, 2010

Recently I had the privilege of interviewing Troy Huerta, an active agent who closed 200 short sales in 2009, during one of our Partner First educational webinars. (also one of our PSC Trainers) During our discussion he commented on how in many cases he and / or his team encourage the Selling agent to go […]