Archive for May, 2010
Millions of homeowners are “under water” on their home loan and facing foreclosure. However, there are foreclosure alternatives. Learn more about the fastest growing alternative - Short Sales - and why this option is more attractive to both the homeowner AND the lender. Your qualified RE/MAX agent can guide you through the process.
When you owe more on your home than it’s worth you may want to do a short sale. In a short sale the bank forgives some of what you owe them. It’s more cost-effective for a bank to do a short sale than foreclose on a home.
SelectPlusShelters Filling Up As Foreclosures RiseShelters Filling Up As Foreclosures RiseThe Associated PressThe tough economic times hitting the nations are having an effect on pets and pet shelters. (Aug. 6)[Notes:ANCHOR VOICE] [Notes:various inside shelter]A new victim of the high rate of foreclosures is emerging — pets.At the Newark, New Jersey animal shelter, the cages are filling fastSOT: Denton Infield, Humane Society of Newark: “people losing their homes to foreclosures. People moving out of high rental apartments into lower rental apartments where the landlords don’t allow animals.” [Notes:pets in shelter] And all those new residents mean trouble for the future of the shelter.SOT: Infield: “if the animals keep coming in in the situation that they are coming in at the present moment, without finances, I don’t think we’ll last the next three years.” [Notes:great danes in yard]And it’s not just shelters…the Mid-Atlantic Great Dane Rescue League tells the same story.SOT: Mary Francini, Mid-Atlantic Great Dane Rescue League: “this year we’re seeing a lot of financial difficulty and foreclosure — people giving up dogs that have always been well cared for, but they can’t afford them anymore.” [Notes:various of animals in cages] The Humane Society in Newark says there’s a 20 percent increase in pets getting dropped off and that could mean there won’t be enough room for all the cats and dogs.SOT: Infield: “we try our best to find them homes, but if we get over …
Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To RealEstateMarketingThisWeek.com Part 7 (Excerpt) Beware of grandiose claims when dealing with a loan modification firm. You know I am glad that were back, when we went to the break we were talking amongst ourselves about some of these concepts, I really want to bring this back down to the listeners. So they really understand what this means to them. You have three strategic partners, each of them experts in their field, sitting around these microphones in the studio talking about how these factors have an impact on the listening public, the people listening to this station right now. Velocity Financial is an expert in all things mortgage related. It represents the largest asset many people have in terms of their home. What were talking about is, we know the economic pain that exists, you probably read that Arizona has the dubious distinction according to the Case-Schiller index of having the highest property value declines in the country. People are feeling some pressure here and for those people who want to consider what a loan modification might do for them, should call you and talk about what that represents. Then from there, you can refer them to people like Mike Patenella to talk about the tax ramifications, Mike can speak to some of those items and I can talk about their overall financial planning …
TRLA Attorney Robert Doggett on the Protecting Tenants at Foreclosure Act
Desperate owners in Lehigh Acres, Florida have impossible odds of keeping their homes, but Maggie Rodriguez talks to experts about how Obama’s plan can help others from abandoning their homes.
Seminar detailing short sale vs. auction vs. REO, etc. Includes information on financing foreclosures.
NBC Nightly News spotlight on foreclosure deals in Fort Myers and Cape Coral Florida, interview with Brett Ellis of Ellis Team at RE/MAX Realty Group www.topagent.com SW Florida real estate
Live! From Capitol Hill: House Financial Services Committee Chairman Barney Frank Holds News Conference
This is simply a video diary of the unique service my company provides. I call it doing a “junk eviction” and others might call it a reo trashout, property preservation or junk hauling. This home is a great example of a foreclosure that can happen to people in nice homes. www.youtube.com SUBSCRIBE!