Bryan Dais's (bryanldais) Blog

As we have discussed before, Short Sales are on the rise as a better alternative to Foreclosure. Definitely a better deal for the Distressed Homeowner and the lender. What about the Buyer? Realty Trac’s Foreclosure & Short Sales Report for the fourth quarter of 2012 which covers over 900 metro ar...

There are plenty of opinions speculating about recent changes in the housing market as well as what the future may hold. Radar Logic provides a perspective I tend to agree with most. Radar Logic is a technology-driven data and analytics business that produces a daily “spot” price for residential ...

Short Sales nearly tripled the number of foreclosed property sales in 2012 according to RealtyTrac spokesman in a recent interview with CNN Money. 32 percent of all residential sales were short sales while only 11 percent were bank foreclosures. A good indication that both banks and struggling ho...

According to a recent report released by the Colorado Division of Housing foreclosures dropped 24.9% in January, year over year, for the 12 major metro counties. This is the lowest rate of foreclosure activity for any January in the past seven years. There were 1,456 new foreclosure filings in th...

  Probably the most aggravating aspect of short sales for everyone involved in the transaction is the length of time some lenders and servicers take to move through the approval process and each lethargic step along the way. Although there have been numerous steps by governmental entities as well...

Distressed Homeowners are not the only ones struggling from the devastation of the foreclosure crises our nation has experienced over the past several years. Homeowners Associations are among many entities affected. As homeowners find themselves in financial hardship, in addition to their inabili...

One of the most devastating and painful aspects our struggling economy has had on numerous Denver area homeowners is the possibility of losing their home to foreclosure on top of other financial woes. There are a few options a distressed homeowner can pursue to avoid the foreclosure. One that has...

Recently Wells Fargo Home Mortgage revised their method for processing a short sale. One important thing to be aware of with a Wells Fargo mortgage is the fact that they have at least 4 different entities that initiate home mortgages, and they all have the words Wells Fargo in the name. Following...

 Easy Cash! …  Quick Fix! … Guaranteed!   Three of the most common tag lines used by scammers involved in some type of Mortgage Relief Fraud. Unfortunately, the mortgage crisis opened the door for fraudsters to take advantage of homeowners in distress. This is more common than people realize beca...

A newer trend we are seeing in the short sale world is called Short Sale Leasebacks. So what is a Short Sale Leaseback? A homeowner is living in the property. An investor purchases the property in a short sale transaction. The investor leases the property back to the homeowner for a period of tim...