RECENT BLOG POSTS
Fannie Mae and Freddie Mac to Streamline Short Sales to Help Borrowers and Communities . New Timelines Take Effect in June Washington, DC – The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to develop enhanced and aligned strategies for facilitating short sales, de...
04/25/2012
Good News if you Work BOFA Short Sales Good news if you work short sales - Bank of America is working to speed up the process to 20 days or less! Here's a quick overview from Inman News: Bank of America says it's making changes to its short-sale procedures that will shorten decision times on shor...
04/11/2012
Be Prepared: Crucial Updates to Bank of America’s Short Sale Process Coming April 13 On April 2, Bank of America announced the latest round of changes to their short sale process. The changes, aimed at streamlining and expediting the process, include new requirements for initiating a short sale a...
04/08/2012
Happy Easter! Blessings this Easter!   May you be blessed in all you do.   May your life be reflected in all you are.   May your days be spent in worthwhile endeavors.   And may you always be joyful in your work!  
04/08/2012
5200 N OCEAN Dr # 1501 Singer Island, FL 33404 FOR SALE   CORNICHE COND                ASKING 320K BANKOWNED FORECLOSURE 2BR / 2BA 1642 SQ FT 1GAR MLS # R3270058 http://vt.realbiz360.com/Listing-976507.html   EXTRAORDINARY DIRECT PANORAMIC OCEAN & INTRACOASTAL VIEWS FROM SPACIOUS 2/2 FLOOR PLAN. ...
04/03/2012
Lenders Providing Large Cash Incentives to Homeowners for Short Sales For awhile now, we’ve instructed agents on government incentives available to distressed homeowners who opt to do short sales. Such programs include the Home Affordable Foreclosure Alternatives (HAFA) program, which provides up...
03/24/2012
 UPDATE: New Requirement for Bank of America Short Sales In keeping with this commitment, Bank of America is simplifying their third-party authorization process for short sales.   On March 20, Bank of America released a standardized Third-Party Authorization form to be used on all Bank of America...
03/24/2012
17269 N 87th Lane Loxahatchee, Fl 33470 4BR 3.5BA 3GAR  OFFICE 1.51 ACRES BANKOWNED MLS # R3266825   http://vt.realbiz360.com/MLS-964916.html ALL OFFERS MUST BE SUBMITTED BY THE BUYERS AGENT VIA OFFERSUBMISSION.COM, ID# 655191. RESPONSE BY NEXT BUSINESS DAY. NO PAPERWORK REQUIRED UNTIL TERMS ACCE...
03/16/2012
Major news in the short sale and housing industry! On Friday, March 9, the Obama Administration announced updates to the Home Affordable Foreclosure Alternative (HAFA) program. Created in 2009, HAFA is a government-sponsored initiative assisting all Home Affordable Modification Program (HAMP) eli...
03/14/2012
IS A SHORT SALE FOR YOU?   If you are no longer able to make your home payments, and you owe more on your mortgage than your home is worth, you’re in good company. An estimated one-fourth of all U.S. homeowners are Upside Down on their mortgage—meaning they owe more on their home than they could ...
03/03/2012
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Shelda Hodges Author & Realtor

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