Posts by webmaster
Ignore Bank Guidelines About Short Sale Commissions
http://kevinandfred.com/power-hour/flip-flops/ Kevin and Fred close up the week with another episode of F’ed Up Friday and a story about negotiating commissions to create a win-win situation for the home owner and the lender.
Read MoreSupply And Demand Impacting Short Sales
http://kevinandfred.com/power-hour/appraisal/ Kevin and Fred spend a little time discussing the crumbling home market and how it is impacting the short sale market.
Read MoreHomes Sales See Sharp Decline
http://kevinandfred.com/power-hour/statistics/ Kevin and Fred discuss national figures on home sales. Local numbers are certainly more important than national numbers, but sometimes the national statistics need to be brought to everyone’s attention.
Read MoreThe Newest Government Program – HAUP
http://kevinandfred.com/power-hour/mortgage/ Kevin and Fred present the newest government program, the Home Affordable Unemployment Program. HAUP provides home owners a forbearance of monthly mortgage payments. Go buy some great music at brianweavermusic.com
Read MoreBank of America Short Sales Improving
http://kevinandfred.com/power-hour/coach-collard/ Coach Collard speaks, on this Mindset Monday, about HAFA and Bank of America’s improvements with short sales.
Read MoreThe Longest Short Sale File Ever
http://kevinandfred.com/power-hour/bank-of-america/ Kevin and Coach bring you a nightmare story from the early days of short sale transactions. Kevin and Fred are still dealing with a file from November of 2008! Rejected numerous times, Kevin had to escalate to the investor.
Read MoreRecent Article Ranks Banks In Timeliness of Short Sale
http://kevinandfred.com/power-hour/loan-servicer/ Fred and Kevin discuss a recent article about major servicers and the speed with which they are closing short sales. GMAC was reported as the fastest, followed closely by Citigroup, and Wells Fargo. Kevin’s buddies at Chase aren’t doing quite as well.
Read MoreFannie Mae Changing Guidelines For Strategic Defaulters
Kevin and Fred talk about strategic defaulting and touch on the ethics of it… Also, as promised… Here are some of the Fannie Mae info: This is for conventional loans. Currently the waiting period for purchasing a home after a foreclosure is 5 years. As of October 1st 2010 the waiting period will be extended…
Read MoreBanks Watching Strategic Defaults Closely
http://kevinandfred.com/power-hour/strategic-default/ Kevin and Fred discuss the banking industry’s latest changes regarding strategic default.
Read MoreThe Changing Short Sale World, Be Flexible
http://kevinandfred.com/power-hour/trust-no-one/ The boys discuss being flexible in the changing world of short sale transactions. Trust no one and verify everything. To gain some valuable insight into this ever changing business join the Monthly 90 Minute Coaching Call, Get All Your Questions Answered, Learn New Tips and Trends. Click HERE to sign up now!
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