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New Fannie Mae Waiting Periods for Sellers of Distressed Homes

  from Rebecca Roberts, Mortgage Banker with The Lending Company, Inc.

Advising Short Sale and Deed-in-Lieu Clients 2010

 If you are working with a client who has had a short sale or a deed-in-lieu in their past…or you are listing a home and your sellers may have the same issues…Fannie announced new waiting periods, as of July 1, [...]

Loss Mitigation Programs

An interesting email I received from Stan Van Dyk of Cash Funding Options:

Hi All:
Today, I’m going to show you how the government’s
moratoriums and loss mitigation programs have affected
foreclosures and shadow inventory.  

Shadow inventory is made up of all the properties that are
in foreclosure or headed toward foreclosure that haven’t
hit the market yet. There are 7 [...]

The Phoenix Real Estate Weekly 2/5/2010

Courtesy of Barb Savoy-Pacella ABR, CNRS, CHMS
Director of Business & Career Development
Keller Williams Arizona Realty

This week appears to be a good news/perhaps not so good news week in the market.

The good news is that the totals for notice of trustee sale for the month of January are in. In Maricopa County 6,762 notices were served [...]

Arizona Anti-Deficiency bill, SB-1271

Courtesy of  Tim L. Greenfield, Associate Broker, ABR
Coldwell-Banker Residential Brokerage  Scottsdale Arizona

8-10-09

 Please visit my website www.GreatScottsdaleLiving.com  for updates.

 There has been lots of noise about SR-1271 of late. It is scheduled to become effective the end of September. This is a new law intended to assist small community banks that did not receive TARP funds. See [...]

SB 1271 – Anti-Deficiency Legislation Update and More

Reprinted from an Email Blast sent to members of the Arizona Association of REALTORS®

from an Email Article By Tom Farley, CEO
Arizona Association of REALTORS®   Read the FULL article at  http://www.rallinow.com/issues/show/60

Request for the Governor’s Assistance

On Friday, the Arizona Association of REALTORS® (AAR) had a preliminary conversation with Governor Brewer’s staff regarding the impacts of SB 1271 and [...]