According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns...Read More
With home prices steadily rising for the last six years, foreclosure filings have become more and more rare because defaulting homeowners can often sell the home for more than they...Read More
A client recently asked me where all the foreclosure listings have gone. If you look at the chart below, you can see that in 2009 and 2011 there were months...Read More
CoreLogic just released a report looking back on the national foreclosure crisis… United States Residential Foreclosure Crisis: 10 Years Later. That crisis is still affecting both buyers and sellers today,...Read More
I recently encountered a couple different properties that were both being sold subject to HUD Guidelines 24CFR206.125. Huh? What does that mean?! The guidelines are stipulations for the sale of...Read More
It seems like clients are always finding listings that they like online… only to learn that they already have offers when I check them out. Why is that? When a property has...Read More
If you are considering buying a foreclosed home you should be aware of the First Look Initiative on Fannie Mae, Freddie Mac and HUD foreclosed homes. This plan was initiated in...Read More
A short sale occurs when the amount owed on a property is more than it is worth and the homeowner is not able to pay off the mortgage(s) when the property...Read More
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