What to do with equity

I put this on my blog; my facebook and my email list because I think it’s so important. Since I come from a family of attorneys, I am always worried about, “what if”.  I try to look ahead so that I try to minimize any possibility of legal hassles. One bad deal can...

New short sale and loan mod rules

Homeowners receiving loan modifications for their primary residence (and noted on their credit report); are now being treated as short sellers by Fannie Mae…even if the homeowner was never late on their mortgage. In other words: A responsible homeowner, who made their...

This is why follow-up is so important

Here is an example of a property that was originally listed for a dopey amount by the bank and sat on the mls. It fell in and out of escrow several times (like most do) when you are dealing with reos, and short sales. Then the bank got real and dropped the price...