RECENT BLOG POSTS
I’m in Florida, and that fact might be the reason I’m not jumping on the housing recovery bandwagon. There was A report that mentioned home sales went up last month. Many people, including the National media, took that as great news. We seem to go from one extreme to the next…Foreclosure Crisis i...
08/17/2009
I’ve been reading many blog posts on how “X” company is the worst to deal with in reference with Short Sales. Overwhelmingly, the consensus is that BofA is the worst to deal with and seems to have the lowest Short Sale approval rates. In studying this I realized another little fun fact. All the o...
08/16/2009
"The Lenders are Coming For You....HARD!" It has become painfully clear that the tactics for the Junior Lien, in our Short Sales, have become more aggressive. They are now asking for more of a payout AND they are unwilling to release any future pursuit of a Deficiency Judgment. As a matter of fac...
08/15/2009
I wrote a blog not too long ago about how Lenders are profiting from the non-approval of Short Sales and I used BofA as an example. Well, it’s worse than I thought. It seems BofA saw this profit potential a long time ago and even used the TARP money to pave their way to future riches at the expen...
08/14/2009
So I wake up a few days ago and the big headlines is that the Housing Recovery has hit us and we are about to experience a renaissance. The simple fact that a report, the Case Schiller Price Index, seems to indicate that they see an uptick in home prices, does not make a recovery real. Well, just...
08/13/2009
The Best Plans Go Awry   So here I am with a great listing, for a great family in a bad situation. I was able to answer all their questions and make them feel comfortable with the Short Sale process. They even let out a loud, SIGH. I list the home Take great pictures Price it right on the bulls e...
08/13/2009
BofA Merry-Go-Round So I have a Short Sale submission for BofA. I get a good night’s sleep, take my vitamins and get everyone out of the office. I call BofA to get the process started and submit the package. Well, to my surprised I was fortunate enough to get a great representative and we even go...
08/12/2009
WELL YOU CAN'T HAVE ONE, DIDN'T YOU KNOW THAT ?!!??!?!?!?! There are homeowners that want to purchase a property in good condition, for a good price and with a quick closing. So why are these agents bringing them to my Short Sales? The mere fact that this is a Short Sale should clearly indicate t...
08/12/2009
  “Don’t Be Swayed by an Overpriced Contract” The newest trend coming to a Short Sale listing near you is the buyers offering much more than the listed price. That in itself is not a problem, the problem lies when the offer is higher than what it will appraise for. Be careful of that and don’t fa...
08/11/2009
Recently our good friend Wendy wrote a post about how BofA was requesting part of her clients IRA (I believe it was his 401K) Well, it seems the Lenders are getting tougher now that they have started to show profits to Wall Street. (albeit they profit by using nifty accounting trick not necessari...
08/04/2009
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Sidney Jimenez

CDPE, Short Sale Expert, 954-665-9449,
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