Certified Distressed Property Expert

http://youtu.be/yCge4O_XUe8 Do you know anyone that is upside down on their home AND that is undergoing or will be undergoing a financial difficulty? Give me a call. I am training with the Distressed Property Institute to help people navigate through the tricky...

Divergent economic news

Last week’s 30 year mortgage’s were at a low of 4.39%. Then the downgrade of America’s credit happened on Friday, August 5. Today the market did not respond well to the President’s press conference at all and the NYSE plummeted to the close at...

Flood insurance tidbit

I am taking continuing ed for my realty license and in the midst of my studies I see this about flood insurance: The typical 30-day waiting period for flood insurance coverage to become effective is waived if the building is in a Special Flood Hazard Area and the...

Cash buyers make up 30% of market nationally

I reported this fact back in February/March–but according to this article: http://www.usatoday.com/money/economy/housing/2011-06-21-all-cash-buyers-scoop-up-homes_n.htm It is a trend that has remained in place. People with money are recognizing that right now is...

The Mortgage Forgiveness Debt Relief Act

Many people don’t realize that if they go through a short sale or foreclosure that the forgiven debt from their mortgage “could” be a taxable event. In the opening salvos of the housing meltdown, I remember hearing OUTRAGE that someone who bought an...