But back-to-back closings are certainly the cheaper way to do the closing, but it’s not the only way. The big thing to remember about holding onto the house for a month is that you have an exit strategy so you’re not going to get stuck with the property.
Posted in Breakthrough, Breakthrough Event, Short Sale Breakthrough, Short Sales California | Also tagged Ben Pargman, Breakthrough, California, california short sale, short sale, Short Sale Breakthrough, short sale exit strategies, Short Sale Training, Short Sales |
Over the course of a few college summers I interned as a lobbyist at the State Capital in Tallahassee. I’ll never forget a Representative speaking on the floor of the House in opposition to some legislation . . . “thou shalt not Californicate the state of Florida!” Well, despite this representative’s warnings . . . [...]
I just got off the phone with the top Short Sale Attorney in California who has agreed to come teach for an afternoon at our upcoming California Gone Crazy: Short Sale Breakthrough Event. This guy knows his stuff!!
He asked me what the students would want help with. Here’s what I told him:
How to address seasoning [...]
Negotiating a Short Sale with a lender can often take several months of frustrating back-and-forth submittals and re-submittals of information, and rounds of negotiations. The work is so frustrating, difficult, and time consuming that many real estate agents and investors don’t want anything to do with it (usually the one’s who don’t have professionals doing the work for them).
It’s not uncommon that I hear of an investor or homeowner who receives advice from their lawyer not to do a short sale.
Posted in Breakthrough, Breakthrough Event, Current Blogs, Lawyers, Short Sale Breakthrough, Short Sale Laws, Short Sale Training | Also tagged short sale attorney, short sale law, short sale lawyer, short sale lawyers, short sale rules, short sale tax law, short sale taxes, short sales law, short sales laws |
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!
Posted in Action, Appraisals, Bankruptcy, Banks, Barack Obama, Comps, Current Blogs, Short Sale Breakthrough | Also tagged Add new tag, Barack Obama, Real Estate, Short Sale Breakthrough, Short Sale Regulation |
They played some new tunes from the new Working on a Dream album – we listened mesmerized to “Outlaw Pete” – a dark story in a minor key of a kid who struggled to overcome the rough lot he was born into. The title track “Working on a Dream” speaks to anyone still in progress, who sees can see hope, and is willing to see a brighter day before us. Bruce’s mid song narrative challenged us to “build a house here tonight . . . a house built on hope, on love, on dreams, and noise!”
The kids have Spring Break this week and it’s. . . snowing. Huh?! Just when you thought things were getting a little weird – it gets weirder: snow in April . . . in Atlanta?
Well, it didn’t stick and it didn’t last long, but the kids looked up from the Wii just long enough to [...]
Like many Americans, today I watched as President Obama took the oath of office and I listened carefully to the words he chose to mark the occasion. I spent the inauguration hour at my kid’s school and watched the ceremonies with my wife in our eldest’s second grade classroom. It just seemed the right setting to witness this bit of history.
Yesterday, Citigroup came forward in a deal with Senate leaders to support legislation that would allow bankruptcy judges to alter home loans in an effort to prevent foreclosures. Other lenders are expected to follow. The so-called “cramdown” proposal has been kicked around for a while now but has not yet made its way into law. It appears as if the legislation to make this change will find its way into President Elect Obama’s stimulus package and may become law soon.
Posted in Barack Obama | Also tagged Add new tag, Barack Obama, Ben Pargman, Citi Group, Real Estate, Short Sale Breakthrough, Short Sale Regulation, Short Sales, Short Sales California, Short Sales Florida, Short Sales Training |
