by | Bank REO, Business, Flip Bank REO, Real Estate, Short Sales
Mortgage Servicing Important Information Regarding Acceptance of Counter Offer Terms To: Agents initiating a Bank of America Short Sale From: Bank of America Short Sale Communications Realtors have told us the better they understand the counter offer process, the more...
by | Bank REO, Defaulted Mortgages, Mike's World, Training: Webinars & Teleseminars
The two largest owners of mortgages will not lower the principal on the loans they back – that’s a clear message for all those troubled homeowners. Fannie Mae and Freddie Mac, which are controlled by the federal government, will not lower the principal on the...
by | Bank REO, Flip Bank REO, Short Sales, Training: Webinars & Teleseminars
Freddie Mac says short sales are now illegal. We have FOUND the solution. Our special guest will: 1. How to use the "P-J-L" Short Sale Niche to maximize profits, avoid the legal challenges of short sale flips, and eliminate all the hassles! 2. How to use...
by admin | Bank REO, Defaulted Mortgages, Forbearance, Loan Modifications, put in home, Short Sales
Diana Olick's latest column puts "principal writedown" in perspective: "The government is officially giving borrowers back home equity. Yep, somewhere between $35 and $50 billion worth. Of course we've all lost over $5 trillion, but who's counting? Lenders still...
by admin | Bank REO, Defaulted Mortgages, Forbearance, Loan Modifications
Principal Writedowns on Loan Modifications from Diana Olick Olick points out that the decline in home sales was expected - "home sales were spiked by several shots of government stimulus in the second half of 2009, and as that stimulus starts to wear off, sales...
by | Bank REO, Flip Bank REO, Training: Webinars & Teleseminars
Mike Warren Interviews Bill Twyford about Bulk REO's. Learn about Finding, Funding, Buying and Flipping Bulk REO's. You can do it with using any of your own money or taking any risk. Get your seat for the webinar HERE. See you on the call.