Mussings on Short Sales and other Things

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Real Estate Agent - Real Estate Teams LLC
Thoughts on the Short Sale process, foreclosures, and real estate, sales issues in, frederick, maryland

ARCHIVED BLOG POSTS

2011 

Your Distressed Property and Short Sale Expert in Maryland  Well, we have three opinions - could politics be rearing it's ugly head again? The Financial Crisis Inquiry Commission released it's "majority report" on the causes of the financial crises we have gotten to know all too well.  Regulators...
01/28/2011
Your Distressed Property and Short Sale Expert in Maryland  Two fundamentally opposed theories. The first is Keynesian, based on the theories of John Maynard Keynes, the father of the modern theory of "pump-priming" economics, which says national governments sould lead the way by borrowing and sp...
01/26/2011
Your Distressed Property and Short Sale Expert in Maryland  DC area home sales were up 3.5% over  last Novermber - year over year, according to S&P/Case Schiller, which measures resales of single family homes on a three month rolling average. So Novermber's figures include September and October. ...
01/26/2011
Your Distressed Property and Short Sale Expert in Maryland  Fannie Mae and Freddie Mac are paying legal bills for their former executives who enginered schemes to "cook the books" in the mid 2000s, a huge accounting fraud created to manipulate earnings to increase executive bonuses. The firms adm...
01/25/2011
Your Distressed Property and Short Sale Expert in Maryland  Just before the sub-prime/foreclosure crisis changed out world in 2006, GM was able to sell 51% of GMAC to Cerebrus, and partners, considered a smart Wall Street investment house(also large), for $7.2 Billion. Not long after that, in lat...
01/21/2011
Your Distressed Property and Short Sale Expert in Maryland  Don't feel sorry for the company. Remember the settlement for selling investors a sub-prime mortgage investment that was SECRETLY designed to lose value? Goldman "hedged" their bet and made money while fraudulently causing the investors ...
01/19/2011
Your Distressed Property and Short Sale Expert in Maryland  Ally Financial said it will withdraw about 250 active foreclosures in Maryland that were signed by the Robo-Signer, Jeffery Stephen, and resubmit those foreclosures to the courts. There is no plan to do so in other states. but consumer a...
01/19/2011
Your Distressed Property and Short Sale Expert in Maryland  How could they say such a thing? Just ask the investors who are also beginning lawsuits against the lenders for recklessly endangering their funds. FAFA, which oversees Fannie Mae and Freddie Mac took steps to review lending practices an...
01/19/2011
Your Distressed Property and Short Sale Expert in Maryland  The Federal Deposit Insurance Corporation has a new division and new powers. The Office of Complex Financial Institutions, run by Jim Wigand, has oversight of the USAs largest financial firms. His mission is to be prepared to seize and l...
01/18/2011
Clarity is the big issue, for sure! Find out what buyers can do, what they want, and how far they are willing to go. That will go a long way and save everyone some time.The Top 10 Mistakes Made in the Home Buying Process - And it's Not Always the Buyers Making the Mistake. This post was inspired ...
01/18/2011
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Dennis Helmstetter

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