But of course they are rising. Even though record number of Short Sales are being approved, others are not. There are so many people trying to commit fraud with Short Sales it is forcing the banks to react. Plus now that values have stabilized, banks are countering the price on every Short Sale. Some buyers…Read More→
Testimonial For The Cameron Team…We sold Mike's Home As A Short Sale Last Year, Tuesday He Closed On His New Home
Amazing! This is just one of the reasons a Short Sale can be better than Foreclosure. We sold a home for a client last year as a Short Sale. He then rented and worked on cleaning his credit. The credit scrubbers got the job done. We closed escrow on Tuesday on his new home. He…Read More→
(Unnecessary) Lender Losses Mount From Short Sales, Topping $310 Million in 2010
I saw this article this morning. I thought, what? Lender losses only $310 Million a year from Short Sale. It doesn’t clearly state that what he is talking about is fraudulent Short Sales. I just got an email this weekend from a guy that supposedly has investors with $50 million. They full disclose to all…Read More→
Four Proposals for Reforming Fannie and Freddie
Fannie and Freddie are in the news daily. What to do? The biggest issue I see is that banks are not responding in a manner one would expect, due to the coverage issued by Fannie and Freddie. I hear people all the time with a ton of anger against the bank and their frustration on…Read More→
New Arizona Shot Sale Home For Sale By Realtor Jeff Cameron
Unlike most home on the market, this one is a beauty! From slab granite counters, spice maple cabinets to tile floors and upgraded lighting this home is awesome. Take a video tour at www.TheCameronTeam.com This Short Sale listing is located in Marley Park located in Surprise. Call for a private tour! Thank you, Jeff Cameron…Read More→
Fed-Up Homeowners Who Can Pay the Mortgage, Don’t
The strategic defaults are getting more news today and this will thus feed more strategic defaults. This is such a touchy issue. On one side, how can one not defend someone from doing a Strategic Default. Ohhh, hold back the punches. The reality is that anyone buying property from 2006 to 2007 entered into an…Read More→
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