RECENT BLOG POSTS
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The decline in housing values and home equity affects people differently than other investments. The average person who invests in stock or bonds and other securities look at those things from a different vantage than an investment in a home. Most people feel their biggest investment is thei...
01/16/2010
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IT'S BEEN AWHILE SINCE I SIGNED A LISTING Will Realtors eventually find themselves faced with the same fate as travel agents and stockbrokers? Is there truely a real need for a live person to press the fresh to make a property sale or can it eventually be done online like so many other purchas...
01/11/2010
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Guidelines for Loan Modifications and Short Sales are becoming stricter and more burdensome. It seems that banks and service providers would rather get rid of the annoying homeowner than try and work a deal. If a homeowner has no money and can no longer afford to pay the freight or 31% of t...
01/06/2010
QWRs, “Qualified Written Requests” under RESPA are a tool we use to bring mortgage servicers to the table to make deals quickly and honestly on Loan Modifications and Short Sales. When assembled properly the QWR creates a big headache for the lender and great leverage for the borrower. HO...
01/06/2010
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SQUATTERS CREATE THEIR OWN VERSION OF HOME IMPROVEMENT The Recession has caused job cuts, endless runs of bleak headlines, 24 hours of depressing live news and an abundance of fear and loathing for everyone who is still breathing and affected by it. It has also created an Un...
01/05/2010
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What actually happens when you sign a Promissory Note? What you are doing is signing a document that states the terms of the loan and what will happened to you if you do not live up to the terms of the loan. The banks has you sign the note filled with stipulations that you will give up y...
01/04/2010
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What do you think happens when you go to the bank to borrow money on a home? Do you think they take money out of their pocket and hand over so you can make the purchase of your property? Do you think they are happy just collecting interest from you for thirty years? No, they are not happy...
01/04/2010
Home Foreclosures hurts the lives of families. The process is cold and calculating and doesn’t consider the impact is has on people. The objective of the bank foreclosing is to resell the property and create more wealth and profit for themselves. In a true and fair Capitalistic Environment th...
01/04/2010
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You have to know how the banks think and how the law works. When we put a Loan Reset Package together is like a declaration of war. We demand discovery and if they do not comply within the time frame the law allows we file suit. If the judges in our region are sympathetic to the banks we move ...
12/29/2009
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Love can be fleeting, but the declining housing market may last for years. They say love will keep us together, but there's nothing like a bad economy to seal the deal and draw families in under the same roof. It isn't that much different from when I grew up in South Philadelphia. You got m...
12/28/2009