Rodney McNabb's Blog

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Real Estate Agent - MainStreet Realty Services, Inc. - 270888
RECENT BLOG POSTS
The stronger your relationship with the loss mitigator the better your chance of getting short sales in Raleigh accepted. This is a people business and you will earn more paydays by increasing your communication skills. The loss mitigator has an interesting job. They may be working 200-300 files ...
02/26/2011
A deficiency judgment is a judgment lien against a debtor, defendant or borrower whose foreclosure sale did not produce sufficient funds to pay the mortgage in full. This option may or may not be available to the lender, depending on whether they have made a recourse or non recourse loan. The ful...
02/26/2011
When foreclosure occurs, a homeowner is forced to vacate the property and may encounter legal issues and costly fees involved with the foreclosure process. This is undesirable for both the homeowner and the lender. With Raleigh Short Sales, a homeowner enters into a mutual agreement with the lend...
02/26/2011
1) A lender that does not care and shows it by not returning phone calls or emails, and lets a property to go into foreclosure due to their lack of responsiveness; 2) Uneducated Raleigh real estate agents that perform BPO's for lenders.  The majority of these Realtors in Raleigh have no real expe...
02/26/2011
Federal legislation signed in May 2009 gives important rights to tenants whose landlords have lost their properties through foreclosure. Renters and tenants are now being affected by foreclosures almost as often as homeowners. The mortgage industry crisis that started in 2006 has resulted in thou...
02/26/2011
No.  Even if the Raleigh real estate agents have no discriminatory intent, the agent is in violation of the fair housing laws when discriminating against persons from one of the protected categories at the direction of the Owner or Lessor.  Likewise, Raleigh Realtors are in violation if he or she...
02/26/2011
Complaining or requesting that the Landlord make repairs Complaining to the Housing Inspector, Health Department or any other government agency about repair needs or unhealthy conditions Any honest attempt of the Tenant to enforce their rights under the lease or under state or federal law Any ho...
02/26/2011
Fair housing laws apply to all housing transactions, with exception of the following limited exemptions: the rental of a unit in a multi-family dwelling with not more than four units where the Owner (or a member of the Owner's family) lives in one of the units; the rental of a room or rooms in a ...
02/26/2011
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Steering is discouraging a person from seeking housing in a particular community, neighborhood, or development because the person is or is not a member of a protected category. For example, Raleigh Realtors show a black person housing in predominately black neighborhoods and a white person housin...
02/26/2011
Yes, under specific conditions.  If Raleigh Realtors are managing a property for the Landlord, he may place the Tenant's security deposit in an interest-bearing account IF he has both the Tenant's and the Landlord's written permission to do so.  If the Tenant's lease authorizes the Raleigh real e...
02/26/2011
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