From REALTOR MAG An estimated 1 million foreclosure-related notices for defaults, auctions, and home repossessions that should be filed by lenders this year will be pushed back until next year, according to the latest report by RealtyTrac. While the delays could give home owners more time to catch up on their payments and try to […]
February 3, 2011
Debra Dent, Buckhead Office, REALTOR® Lots of savvy home buyers want to hit the jackpot and buy that Bank Owned Foreclosures, many of which are often under-priced. When banks price bank owned properties under the comparable sales, multiple offers are often the response. This means you could be up against stiff competition for that bank-owned […]
February 9, 2010
Submitted by Reed Guthrie, REALTOR, Atlanta Fine Homes Sotheby’s International Realty. Extracted from Andy Morris’ blog post on www.wannanetwork.com. Short sale agents and distressed home sellers have been waiting for these guidelines with bated breath for some time and finally they are here. These guidelines are fantastic news not only for upside down sellers but […]
August 12, 2009
Banks will accept short sales when the payments are late and homeowners can prove that they can no longer afford the property, some banks require the foreclosure notice to be severed while others require just a few payments to be late. No specific number of payments must be delinquent; even one payment is enough at […]
August 9, 2011
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