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  1. For Sale By Owners, Don't be so fast to Hang Up!

    by , 09-13-2013 at 09:25 AM (Oregon Realtor)

    For Sale By Owner.jpg

    You put your shiny new For Sale By Owner sign up in your yard, and poof, you are ready to get your house sold! An Agent has sold your homes before, and they made it look so easy.

    If you get a call ...
  2. Video of Apartments Wichita KS and New Homes Wichita KS

    by , 08-03-2013 at 10:11 AM

    If you or one of your clients is moving to the metro Wichita area they should check out this awesome site that does videos of the complexes or new home developments. The url is: http://fleetfootmarketing.com/ .
  3. Thoughts on short sales in our market

    by , 07-01-2013 at 11:57 AM

    One question I’m getting from potential buyers is, “Are short sales even taking place anymore with the increase in values?” REOs are on the decline so one would assume that short sales are dying away, but that’s not really the case. Remember that many ...
  4. Asset calculation for mortgage qualification

    by , 06-25-2013 at 01:31 PM

    Asset calculation for mortgage qualification. Freddie Mac has a little known asset for income calculation that can be used if your borrower is having a hard time qualifying for a home loan. There are some restrictions, but the general requirements ...
  5. Buying YOUR OWN Short Sale. Oregon Pilot Program, apply today!

  6. Hiring a Short Sale Agent

  7. FHA Short Sale...The Only Way Out is for Owner to Exhaust Home Retention Options

    by , 03-31-2013 at 03:41 PM

    The Bank of America Short Sale Department is touring the country giving training seminars for real estate agents. Earlier this month I attended one of these events in Sacramento. Whereas much of the information was common knowledge for agents who have ...
  8. How to Buy a Short Sale– Part 2

    by , 03-26-2013 at 07:45 AM

    By Michael Humphries - Compass Roads Realty, Inc. | March 25, 2013

    8 Steps to a Successful Short Sale Purchase- Part 2[

    Here we will conclude the process of successfully buying a short sale with the final four steps. If you
    ...
  9. Questions to Ask a Short Sale Agent

    by , 03-20-2013 at 05:52 PM (Oregon Realtor)

    Selecting the Agent to list a short sale with is a crucial decision. It can mean the difference between success and failure.

    Here are questions to ask a short sale agent. You want the short sale agent to answer with a STRONG YES to all of ...
  10. How to Buy a Short Sale– Part 1

    by , 03-19-2013 at 03:05 PM

    By Michael Humphries - Compass Roads Realty, Inc. | March 18, 2013

    8 Steps to a Successful Short Sale Purchase

    In this two part post I will layout eight steps to follow that will walk you through a successful short sale ...
    Attached Thumbnails Attached Images
  11. The Affect of Late Mortgage Payments and/or Foreclosure and on a Security Clearance

    by , 02-09-2013 at 04:15 PM

    If your job requires a security clearance, think carefully before walking away from your property and leaving it for the bank to foreclose.

    Security Clearances take the applicant's credit score into consideration. A foreclosure will ...
  12. What can you do to help your client get ready to sell?

    by , 01-31-2013 at 02:57 PM

    What can you do to help your client get ready to sell?

    Markets change on a cyclical basis. It doesn't matter if it's the stock market or getting ready to sell your house the real estate market. They cycle. Unfortunately for most homeowners ...
  13. REO Foreclosure Terms, Jargon, Slang, Terminology & Definitions

    by , 01-09-2013 at 01:17 PM (Oregon Realtor)

    We have all had moments of not understanding what an instruction from our Asset Manager means. It happens mostly when you are a new REO Agent, but every now and again, I have to admit, I still get stumped. An acronym, a name for a document, an unfamiliar ...
  14. Hardship Letter in a Short Sale

    by , 01-08-2013 at 02:38 PM (Southern Oregon)

    Are you considering a short sale and have been asked to send your lender a Harship Letter?

    Not sure what to include and what they want. Here are some general guidelines:

    Include the date, and your loan number, property ...
  15. Facing Foreclosure

    by , 01-08-2013 at 01:53 PM (Oregon Realtor)

    facing-foreclosure-150x150.jpg

    Short sale іѕ a common description іn today’s real estate market рlасе.

    A bank short sale іѕ whеn thе Seller οf thе home іѕ currently іn default ...
  16. Debt Forgiveness Act has been Extended through 2013. Yayaaaa!

    by , 01-02-2013 at 10:44 AM (Oregon Realtor)

    Congressional lawmakers were able to get an extension on the 2007 Mortgage Forgiveness Debt Relief Act as to avoid falling off the fiscal cliff!

    I felt like it would happen, but I began to wonder as the deadline approached and decisions ...
  17. Stay in Your Home with a reduced mortgage in Jackson County Oregon

    by , 12-27-2012 at 11:03 AM (Oregon Realtor)

    Do you want to stay in your home in Jackson County Oregon?

    Are you under-water on your mortgage and considering a short sale? If so, you might have an additional option. Chris and Kim Knox are working with a government funded program ...
  18. Bad Credit: Improve Your Chances of Getting Affordable Mortgages

    by , 11-12-2012 at 04:32 AM

    People with bad credit need not despair about financing a home purchase. This is because they can qualify for bad credit mortgage loans, also known as subprime loans that can fulfill their requirements.

    What are subprime loans?
    ...
  19. Short Sale Agent in Jackson County Oregon. Short Sales explained.

    by , 11-05-2012 at 02:16 PM (Southern Oregon)

    SHORT SALE, SHORT SALE, SHORT SALE.

    We are certainly hearing a lot about short sales in Jackson and Josephine County Oregon right now. Actually, this is true for the entire nation, short sales are becoming the new “normal”.
    ...
  20. Selling a House Fast

    by , 09-27-2012 at 02:48 AM

    Once your property is in market for a long period of time then there is less probability of getting the full asking price or manage to sale at all. This article gives you advice to sell your property very near to the price you desire. Here are some of ...

    Updated 07-18-2013 at 12:30 AM by pallspera (removing one link)

    Categories
    Real Estate Tips For Consumers
  21. For Buyers - How to Position Your Offer When the Seller has Multiple Offers

    by , 09-23-2012 at 06:43 PM

    Buyers are frustrated with the current market. I feel for them. I receive so many calls from buyers who are excited about one of my listings. I usually have to tell them that the property is in escrow. If they still have a chance they usually will be ...
  22. Bank Short Sale Alternatives.

    by , 09-01-2012 at 10:20 AM (Southern Oregon)

    Bank Short Sale Alternatives

    HAFA, HAMP, HARP, what is the right thing to do! You might think they are all the same thing, but they are unique programs that can an alternative to short selling or foreclosure.

    Please join ...
  23. Waiting Periods for Buying after Short Sale, Foreclosure, & Bankruptcy

    by , 09-01-2012 at 10:11 AM (Medford Oregon Realtor)

    This list is the lender required waiting periods. A borrowers ability to obtain a loan will always depend on updated credit scores, debt ratio, assets and liabilities, just as required for any loan applicant.

    Please register a free account ...
  24. Protect yourself when buying a foreclosure!

    by , 07-02-2012 at 02:54 PM (Oregon Realtor)

    Your first response to this blog title is probably, “okay, how?”

    Well, I have a few suggestions. First, I want to make it clear that, by nature, foreclosure purchases are more risky than traditional sales. They don’t have the benefit of ...
  25. It’s a sign of the times!

    by , 05-29-2012 at 04:30 PM (Southern Oregon)

    It’s a sign of the times!

    Most of us grew up thinking that if we planned well and played by the rules, we’d never have to stand by as our financial lives unraveled.

    But upheaval on Wall Street, unacceptable rates of unemployment ...
  26. Waiting Periods for Buying after Short Sale, Foreclosure, & Bankruptcy

    by , 05-25-2012 at 01:35 PM (Oregon Realtor)

    This list is the lender required waiting periods. A borrowers ability to obtain a loan will always depend on updated credit scores, debt ratio, assets and liabilities, just as required for any loan applicant.

    Please register a free ...
  27. Let's talk about 100% financing with USDA loans

    by , 04-11-2012 at 02:48 PM

    Let’s talk about 100% financing with USDA loans
    I live and work in Northern California, specifically Sonoma County. Sonoma County is known for its excellent wines, beautiful coastline, towering redwoods, and fine food among many other things. ...
  28. What's the highest credit score you can get

    by , 04-10-2012 at 10:05 AM

    Your credit score is important when shopping for mortgage rates, but is there a difference between a 740 FICO and the highest possible FICO of 850? I’ve literally pulled over a thousand credit reports for clients over the years and have seen the full ...
  29. What is mortgage insurance?

    by , 04-09-2012 at 12:42 PM

    What is mortgage insurance?
    A common question I get from borrowers is, “What is mortgage insurance, and why do I need it?” The easy answer is that mortgage insurance is an insurance policy that the lender forces you to buy that protects them ...
  30. Buyers: Have you Considered a New Home in Your Search?

    by , 04-03-2012 at 05:19 PM

    Many parts of the real estate industry have been seeing an increase over the last 2 months. The sales of existing homes has risen at dramatic rates. The number of foreclosures has dropped substantially while the number of short sale homes has risen. ...
  31. Bank Short Sale Alternatives

    by , 03-02-2012 at 12:45 PM (Oregon Realtor)

    Bank Short Sale Alternatives

    HAFA, HAMP, HARP, oh my! You might think they are all the same thing, but they are unique programs that can an alternative to short selling or foreclosure.

    Home Affordable Foreclosure Alternatives ...
  32. Sellers Looking for a Realtor, who to select as YOUR Agent!

    by , 02-25-2012 at 03:32 PM (Southern Oregon)

    What makes an exceptional listing Realtor? You might be considering selling your home and wondering which firm or which agent to select to represent your sale. Your up against a few obstacles in this decision, I want to help.

    The number ...