Non-Foreclosure Alternatives Outpace Foreclosure By Four To One

Non-Foreclosure Alternatives Outpace Foreclosure By Four To One Short Sale Solutions

Non-Foreclosure Alternatives Outpace Foreclosure By Four To One

Short Sale Solutions

There is a rate if more than four solutions of alternatives to foreclosure that were completed for every foreclosure sale, according to data for July 2015 released by non-profit alliance HOPE NOW.

The mortgage industry reported about 122,000 non-foreclosure alternatives (including short sales, deeds-in-lieu of foreclosure, and other workout plans) for July, while about 29,000 foreclosures were completed. These numbers compare with 157,000 and 39,500, respectively, for July 2014, according to HOPE NOW.… Read More

Happy Founder’s Day!!!

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Happy Founder’s Day!!!

Short Sale Solutions

Happy Founder’s Day!!! On this day, 8 years ago, our very own Tina Hartman and Marlene Waterhouse opened the doors to this company and have created a very positive and refreshing culture to help real estate agents negotiate short sales. And to celebrate, the gang went bowling! Here are some pictures from our latest field trip!

Happy Founder's Day!!!  Short Sale Solutions IMG_0913.JPG IMG_0917.JPG

Happy Founder’s Day!!!

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A More Diversified Homebuyer Market

A MORE DIVERSIFIED HOMEBUYER MARKET Short Sale Solutions

A More Diversified Homebuyer Market

Short Sale Solutions

The U.S. homebuyer has become more diversified with more foreign-born buyers and more single female buyers entering the market.

Millennials or generation Y, which is vital for the future well-being of the real estate market, made up 32% of all buyers. This was the largest share of homebuyers for any age group.

The big hurdle for the young buyers was the down payment. 63% of buyers under 35 put a 10% or less down payment on a … Read More

Most SUCCESSFUL Short Sale Story!

Most SUCCESSFUL Short Sale Story! Short Sale Solutions

Most SUCCESSFUL Short Sale Story!

Short Sale Solutions

Short Sales are tough … and come with little appreciation! So to honor those of you who have helped a homeowner get a fresh start, please submit your most SUCCESSFUL Short Sale story. Tell us about the good, the bad and the ugly (but no identifying information please). The winner will be showered with appreciation, and best of all… a FREE Apple Watch!!! Enter now and may the most liked story win!!! http://woobox.com/kr952v

 

Most SUCCESSFUL Short

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How Will the Recent Stock Market Crash Affect the Real Estate Market?

How Will the Recent Stock Market Crash Affect the Real Estate Market? Short Sale Solutions

How Will the Recent Stock Market Crash Affect the Real Estate Market?

Short Sale Solutions

Ginny Walker from RealtyTrac goes into detail on what to expect from the latest stock market debacle.

 

How Will the Recent Stock Market Crash Affect the Real Estate Market?

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Overall Foreclosure Activity Still On The Climb

Overall Foreclosure Activity Still On The Climb - Short Sale Solutions

Overall Foreclosure Activity Still On The Climb

Short Sale Solutions 

RealtyTrac recently released its July 2015 U.S. Foreclosure Market Report which shows a total of 124,910 U.S. properties with foreclosure filings, which include default notices, scheduled auctions and and bank repossessions. It was up a staggering 7 percent from the previous month and up 14 percent from a year ago.

July was the fifth consecutive month with a year-over-year increase in overall foreclosure activity following 53 consecutive months of decreases.

 

 

 

Overall Foreclosure

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Nearly 20,000 Homeowners Avoid Foreclosure by Short Sale/Deed-In-Lieu in 2015

What Is A Short Sale? Short Sale Solutions

Nearly 20,000 Homeowners Avoid Foreclosure by Short Sale/Deed-In-Lieu in 2015

Short Sale Solutions

Fannie Mae and Freddie Mac have combined to help approximately 121,000 homeowners avoid foreclosure through a variety of both retention and non-retention solutions through the first 2 quarters of 2015. Roughly 68,000 homeowners were helped by Fannie Mae.

Short sales and deeds-in-lieu of foreclosure, totaled 11,785 for Fannie Mae year-to-date through the end of June.

Meanwhile, Freddie Mac has helped 53,000 families avoid foreclosure year-to-date for the first half of 2015. Another … Read More

A Great Year To Sell!

A Great Year to Sell! Short Sale Solutions

A Great Year to Sell!

Short Sale Solutions

 

A Great Year to Sell!

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Foreclosures Keep Declining But Are Still Triple the “Normal” Rate

Overall Foreclosure Activity Still On The Climb - Short Sale Solutions

Foreclosures Keep Declining But Are Still Triple the “Normal” Rate

Short Sale Solutions

Even with the decline, however, the foreclosure inventory rate is still three times its “normal” rate, according to DSNews.

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Foreclosures Keep Declining But Are Still Triple the “Normal” Rate

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Underwater Mortgages Still A Major Concern

Foreclosure Starts Up 12% In October Short Sale Solutions

Underwater Mortgages Still A Major Concern

Short Sale Solutions

Even though the real estate bubble burst in 2008, over 7.9 million homeowners still owe more on their mortgage that what the value of the home is actually worth. That’s still half of what the peak was in 2012.

The fact is, 15% of homeowners in the United States are underwater. And of those people who owe more on their mortgage than what its actually worth, 52% of them are underwater by more than 20%! Which … Read More