Jason Winkle's (jkwinkle) Blog

“On February 24, 2009, Fannie Mae sent Announcement 09-03 to its servicers instructing them not to negotiate commissions on short sales below the amount negotiated by the listing agent (unless the commission exceeds 6 percent). The requirement takes effect March 1, 2009. Fannie Mae recognizes tha...

RealtyTrac, arguably the leading online marketplace for foreclosure properties, released its January 2009 U.S. Foreclosure Market Report. The Report provides a count of the total number of properties with at least one foreclosure filing (default, auction, REO) reported during the month. For the f...

I'm pretty sure that if you have done a short sale in your career that you would have run across this issue. Well let me make it plain and simple so that you do not confuse your client or mislead them into believing that they will get away free and clear. I am guilty of this as is almost every ag...

Ok, so you have a client that is wanting to buy a short sale. Great! Here are a few things that need to be laid down with them in order to prepare them for the purchase of a short sale. This is going to be a wonderful opportunity for your clients to get a great discount on a home and you need to ...

For nearly 8 of the last 12 months I thought Short Sales to be a hopeless battle with banks and several times I had the horrifying pleasure of watching deals go to the waste side, because of lack of knowledge and experience. None of this had to do with the willingness of me as an agent or of the ...

Looking for a great place to call your home, or even invest in real estate?According to CNN Money under 100 best places to live and launch , Idaho is ranked 19th. "Boise Valley is the third-fastest-growing metro area in the U.S. and is home to a very clever populace: Boise routinely tops lists of...

I just recently had a short sale that did not get completed by the time of the sale and because I was not the agent on the selling side of the short sale I could do nothing but watch my clients hopes fade as there purchase went to auction. I would have tried to collect a buyer to pick it up at th...