The five largest mortgage services are adopting new rules for servicing short sales. This should be a welcome addition to a lengthy and unpredictable process. The new rules are a result of a settlement with State Attorneys General and detailed information can be found here at Housing Wire. According to a REALTOR Mag article, […]
Short Sales among first time hombuyers declining Buying a home for the first time is an exciting experience. In a “traditional” home buying process, your agent will guide you through the steps to get you safely to closing and the timeline is pretty typical. Imagine buying a short sale as your first home. Normalities go […]
Many homeowners have seen their values go down due to the recession. Home values are cyclical and will come up again, but what if you are in trouble and need to move now even through your home value is down? If you’ve lived in your property a long time, you will now likely take less […]
Foreclosures and short sales can be complicated processes – whether you are on the buying or selling end. To help you navigate through your situation, it is recommended you work with a Wisconsin real estate agent experienced in foreclosures or short sales. What is the difference between a foreclosure and a short sale? A foreclosure […]
Wisconsinites in danger of foreclosure: You may qualify for assistance, but you must apply. Deadline for filing pre-screening paperwork is July 22, 2011. The U.S. Department of Housing and Urban Development (HUD) is implementing the Emergency Homeowners’ Loan Program (EHLP) with money provided through the Dodd-Frank Wall Street Reform and Consumer Protection Act. EHLP was created to help homeowners […]