Tag Archives: Lender

Been There, Done That: Tips for Short Sale & Foreclosure Buyers

Despite what the name suggests, the process of buying short sale properties is anything but short.  In contrast, the process can be long, averaging from three to six months or more. However, buying a home in short sale; when a property is sold for less than the outstanding mortgage(s) can sometimes mean big savings for [...]

Read full story Comments { 0 }

Assembly Bill AB 957: Seller no longer dictates Title or Escrow. Buyers rejoyce!

In another strike on lenders and altogether sellers of homes obtained through foreclosure (Hard Money/Private Lenders/Note Buyers we are talking to you!) they can no longer dictated according to Assembly Bill 957 (AB957) as of October 12th what Title and Escrow company must be used in the purchasing of their REO inventory. The lenders still [...]

Read full story Comments { 0 }

Walk a mile in your lender’s shoes? Give ‘em Try!

The average person when calling their lender only has one thing in mind; How are they going to help me?!? Rightfully so. Have you ever wondered what was happening on the other end? Well even if you haven’t here’s a little food for though. The average real estate agent deals with a handful of sales [...]

Read full story Comments { 0 }