Motivational Quote of the Day

August 22, 2010

Sent from my iPhone Begin forwarded message: From: “Nightingale-Conant” <ncreply2@nightingale.lyris.net>Date: August 20, 2010 6:25:00 AM MDTTo: Steve melnick <stevenlmelnick@gmail.com>Subject: Motivational Quote of the Day   FROM NIGHTINGALE.COM “Change your thoughts and you change your world.” — Norman Vincent Peale: Protestant preacher and author   Visit Nightingale.com |

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Bank of America tests new co-op short sale program

August 20, 2010

Bank of America has launched their new pilot Short Sale Program.  This is a new step toward speeding up the short sale process.  I applaud banks like Bank of America for their efforts in working through the foreclosure crisis.  It take time but in working through “Short Sales” every day we see positive changes and [...]

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Homeowners Are Happier Than Renters

August 19, 2010

Homeowners are Happier than Renters August 12, 2010 Homeowners are more active in their communities, benefit from improved education opportunities, and report higher levels of self-esteem and happiness when compared with renters, according to leading research. A new report from the NATIONAL ASSOCIATION OF REALTORS®, Social Benefits of Homeownership and Stable Housing, explores the impact [...]

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Do You Know a Buyer For This Home

August 16, 2010

Weighing real estate loves vs. needs Mood of the Market By Tara-Nicholle Nelson, Monday, August 9, 2010. Inman News I’ve moved three times in the last 10 years — almost exactly every three years. Each time, I moved between homes of my own, each of which was very different from its predecessor. I went from [...]

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Government Contract Dispute Causes Regional Real Estate Freeze

August 6, 2010

Article Written by Kyle Clark 9 News 9 News Video Link http://www.9news.com/video/default.aspx?bctid=407601756001 DENVER – The sole contractor maintaining and marketing HUD-owned homes in Colorado and several other states claimed the government wasn’t paying its bills. So the company shut down all pending and future sales. More than 400 homes in Colorado are being sold by [...]

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8 TIPS FOR ADDING CURB APPEAL AND VALUE TO YOUR HOME!

August 5, 2010

Adding architectural numbers to the outside of your house gives it a distinct style. Image: CustomHouseNumbers.com Curb appeal has always been important for homesellers. With the vast majority of today’s homebuyers starting their search on the Internet, the appearance of your property is more critical than ever. You only have a few seconds to catch [...]

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Fannie Mae wants to defer strategic default with consequences

July 27, 2010

News Release   June 23, 2010 Fannie Mae Increases Penalties for Borrowers Who Walk Away Seven-Year Lockout Policy for Strategic Defaulters WASHINGTON, DC — Fannie Mae (FNM/NYSE) announced today policy changes designed to encourage borrowers to work with their servicers and pursue alternatives to foreclosure. Defaulting borrowers who walk-away and had the capacity to pay [...]

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Deadline for Tax Credit Extended

June 23, 2010

The proposal pushes the closing deadline back to Sept. 30, 2010, from the previous June 30 deadline. By a 60-37 vote, the Senate on Wednesday approved a measure extending the closing deadline for qualifying for the homebuyer tax credit. The proposal is expected to be added to a slimmed-down tax extenders bill that Senate Democratic [...]

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Foreclosure Options

June 20, 2010

Sent from my iPhone

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65-75% of HAMP ( Home Affordable Modification Program) Are Likely to Red-Default

June 18, 2010

If you are considering doing a loan Modification under the Treasury departments Home Affordable Modification Program there is a good change you may have to consider the Governments “Graceful Exit” or HAFA (Home Affordable Foreclosure Alternative)  This new program allows the owner to their home and negotiate a “Short Sale” where the lender accepts less [...]

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