Category Archives: Comps

The Obama administration is expected to expand it’s mortgage aid program today…

The Obama administration is expected to expand its mortgage aid program today and announce new measures that will help homeowners avoid foreclosures and guess what he’s specifically talking about . . . you guessed it… Short Sales!

Also posted in Action, Appraisals, Bankruptcy, Banks, Barack Obama, Current Blogs, Short Sale Breakthrough | Tagged , , , , , | Leave a comment

The Sky is Falling!

– Always “Start with the End in Mind” – Remember, the Short Sale Approval alone is worthless unless you’ve structured a good deal. In a market where values are rapidly declining, I’m less concerned with “comps” and “appraisals” and more interested in what someone on the street who knows that neighborhood can tell me I can sell the house for.

Also posted in Appraisals | Leave a comment
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