I recently had an in-depth conversation with Denise Grove, Lead Buyer Agent for the Weymouth Group of Keller Williams Select Realtors. One of the most intriguing aspects about Denise are the rave reviews she gets from her clients. Denise secures her business mostly by her personal references from previous and current clients. There rarely is… read more →
FROM THE LA TIMES: Fannie Mae, the largest mortgage investor in the country, has a bulging portfolio of houses acquired through foreclosures nationwide. About 31,000 of these properties are listed on its HomePath resale marketing site. To move them quickly out of inventory, Fannie temporarily is offering qualified owner-occupant purchasers — but not investors —… read more →
Recently, Chris Weymouth, Director – The Weymouth Group and David MacIlvaine were guests on MRIS TV discussing short sales and foreclosures and the impact on communities and consumers. NAVIGATING DISTRESSED PROPERTIES <a href="”> COMMUNITY BENEFITS OF REO PURCHASES <a href="”>
Re-posted on May 21, 2012 from Universal Title Howard County Bank of America announced last week a new short sale program that will offer home owners up to $30,000 in relocation assistance if they qualify. Short sales must be initiated by the end of the year, be approved by Bank of America prior to soliciting… read more →
This is just plain sad. Sad for the family that owns the home. Sad for the family scammed. From MSN Real Estate Here is your worst nightmare: You go temporarily to another town for work, and when you come back, another family has taken over your house. That happened to the Donovan family of Littleton,… read more →
The Mortgage Debt Relief Act of 2007 is set to retire at the end of the year. Bottom line: If Congress fails to extend the act, any home that faces foreclosure or sold via short sale, the lender would then be send the IRS a 1099 form stating the debt that was forgiven can be… read more →
Nov 21, 2011 3:08 PM, By Susan Piperato, Managing Editor Reprinted article from National Real Estate Investor Redevelopment and rental professionals like the Chicago-based Mack Companies, which turns foreclosed homes into quality single-family rentals, are seeing significant growth—so much so that the federal government is looking at this sector of the housing industry for… read more →