Yes, it’s December 17th, 2014, and the bipartisan tax legislation that has been sitting in the laps of the U.S. House and Senate for months now has FINALLY been signed, and is headed to the President for signature. I’m actually really upset and annoyed that it took our government this long to extend the Mortgage Debt Forgiveness Act for another […]
Tampa Bay Short Sales: What in the World is HAFA?
As a CDPE (Certified Distressed Property Expert) I get lots of questions about short sales – including – what in the world is HAFA? This video breaks it down a bit. Also check out this blog on HAFA’s guidelines here. If you are struggling to pay your mortgage and are seeking foreclosure alternatives, please contact […]
Obama Calls for Principal Reductions, Longer Term Modifications
The following article was released May 12th and we wanted to post it in its entirety. President Obama said that struggling homeowners need even more help from the banks, in a CBS town hall that aired Thursday. Calling housing “the biggest headwind on the economy right now,” Obama broached two relatively new ideas for the […]
U.S. Treasury Loosens HAFA Guidelines!
HAFA stands for Home Affordable Foreclosure Alternatives and is a program instituted by the government. Banks who took bailout money have been forced to participate in HAFA. If you are facing foreclosure and are behind on your mortgage, it may be in your best interest to do a HAFA Short Sale. The benefits of being […]
Top 7 Questions To Ask Yourself When Starting Your Home Search
So you’ve decided that this is the right time for you to purchase a home…now what? It’s so easy to be overwhelmed by what you’ve seen in the media, or the experiences and advice your friends and family have shared with you. However, home hunting should be an exciting adventure, and having the right real estate agent by […]
Ask a Realtor: Why Does It Take So Long to Buy a Short Sale?
Q. I want to put in an offer on a short sale but the listing agent said it could take 6 months just to get a response from the bank as to whether my offer is accepted or not! Why so long?! A. A short sale involves selling your home for less than the balance […]
