Housing Wire
SEPTEMBER 16, 2021
When it comes to housing and mortgage markets this fall, most attention is being focused on the expiration of eviction and foreclosure moratoria and the pending completion of forbearance terms for many homeowners. Only 0.65% of exits to date have been into other resolutions, which would include short sales and deed-in-lieus.
HomeLight
OCTOBER 5, 2020
But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Sometimes life happens, and a current homeowner can’t afford to keep paying their mortgage … and the remaining payoff amount is more than the home is currently worth. What’s a short sale?
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Housing Wire
MARCH 17, 2021
While we don’t expect an onslaught of foreclosures like we saw during the mortgage meltdown before the great recession, we can foresee a time after the current forbearance scenario ends in which as many as 500,000 to 700,000 foreclosures may occur,” said Patrick Stone, WFG executive chairman and founder.
Housing Wire
MARCH 3, 2022
A growing chorus of mortgage servicers, consultants, and lobbyists support the idea of having forbearance programs as a permanent solution in the industry’s loss mitigation toolkit, rather than only a temporary relief for wide-scale events such as financial crises and pandemics. So, it may start to come down.
Windemere Selling
NOVEMBER 8, 2021
Like other professionals, real estate agents have the ability to specialize in certain areas of the business by earning designations. Those acronyms signify that they have achieved a specific designation through extensive training and education. So why should real estate designations matter to you?
Realty Biz
FEBRUARY 12, 2023
Christina relates how the aftermath of the mortgage crisis in the early 2000s, it’s become much easier and less intimidating to purchase foreclosed properties. Additionally, there are websites designed to provide anyone interested in purchasing a foreclosed property with the opportunity to do so. Today it’s much different, however.
Realty Biz
JANUARY 1, 2021
A property goes into pre-foreclosure when a mortgage company notifies the borrower that they are in default on their loan. Short Sales . A short sale occurs when a homeowner puts the house up for sale at a smaller price than is owed on the mortgage. Erika Rogers, Homes for Sale in St.
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