Gauging the Current Real Estate Market: Short Sales Here to Stay
by Alex Quaid on July 26, 2010Short sales! The two words have developed a varying connotation: fear, disgust, debt, and yes even opportunity. I recently attended a class for Realtors on how to more effectively navigate short sales presented by Wells Fargo’s Vice President of REO…
Los Angeles Homes Sales: What’s the Difference between a REO vs. Trustee Sale? Partners Trust Podcast #8
by Dane Findley on June 18, 2010When it comes to local home sales, many people do not know the difference between an REO and a Trustee Sale. It’s not a bad thing to know — you can grow your wealth by making some smart buys in…
LA Real Estate Market News: Will HAFA Guidelines Speed Up Short Sale Process?
by Mike King on May 26, 2010Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government‘s Home Affordable Foreclosure Alternatives, or HAFA, program. Until now, many short sales, in which the lender accepts a sale of the…
5 Phases of the Real Estate Bubble-Burst Recovery
by Alex Quaid on May 7, 2010We’ve all heard the warnings: “Stay away from the real estate market, it’s a disaster out there!” And to some degree its true. Prices have dropped significantly in almost every market in the world since their peak in 2007 and…
Expect a Long Wait: Buying Short Sales
by Scott Carmody on August 6, 2009Now, a little bit about Short Sales purchases: A short sale is the process of selling a home for less than the owner owes to the bank. The bank needs to agree to “sell short,” and take a loss. The…
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