Here is Fannie Mae’s take on short sale flipping
December 25, 2009 by Matt Newman · Leave a Comment
Fannie Mae has published this information about short sale flipping. The information gives tips to lenders (both short sale lenders and buyer’s lenders) on how to identify and stop short sale fraud. Again, this document further proves how vital it is to work with honest and reputable short sale experts when dealing with a potential [...]
Metro Atlanta Short Sale Fraud
December 23, 2009 by Matt Newman · Leave a Comment
With short sales becoming so prevalent in today’s real estate market, criminals have found new ways to take advantage of the situation. It is the same scheme that took place during the housing boom when prices where rising rapidly, only now it is reversed and geared toward these changing real estate times. Unfortunately, these folks [...]
Short Sale Approvals
December 22, 2009 by Matt Newman · Leave a Comment
My team has been handling short sales for several years, this is not a niche we have just jumped into recently. We have been successful at obtaining short sale approvals in many neighborhood across north Atlanta well before the market softened. Some of our recent short sale successes include: Laurel Springs Creekstone Estates Abbotts Mill [...]
What is in store for Short Sales in 2010
December 21, 2009 by Matt Newman · Leave a Comment
Short sales have been around for many years but only the recent housing bubble burst has resulted in such real estate transactions becoming so common. Estimates have been that around 50% of all home sales are so called “short sales”. For those new to the concept, basically a short sale means that a seller/homeowner is [...]
Winter 2009/2010 Short Sale Update
December 18, 2009 by Matt Newman · Leave a Comment
My team is currently working several short sale files on behalf of our clients. SunTrust Bank seems to be overwhelmed with short sale requests at this time. A few files are taking more than 60 days from the date they were submitted just to have SunTrust order the BPO (their internal opinion on value). Meanwhile, [...]
SOLD: 103 Grandmar Chase, Canton, 30115
December 7, 2009 by Matt Newman · Leave a Comment
Pre-Foreclsoure/Short Sale located in Canton. Premium golf course lot in popular country club community. Top local builder with open floor plan. Private lake views and so much more. Price reduced for a quick sale..
UNDER CONTRACT: 590 Bienville Court, Alpharetta, GA 30004
December 7, 2009 by Matt Newman · Leave a Comment
Here is your chance to own a 1 Million Dollar house for pennies on the dollar. Located in North Fulton County’s premiere City of Milton this home boasts many upgrades. This nearly new home features a master on main, three car-garage, in-law suite, large gourmet kitchen, 2 covered porches and several fireplaces.
Under Contract: 117 Townsend Pass, Alpharetta, GA 30004
December 6, 2009 by Matt Newman · Leave a Comment
Pre-Foreclosure/Short Sale in prestigious Blackberry Ridge located in charming southern Cherokee County. This custom home was completed in 2008 and features a large gourmet kitchen, keeping room, 2-story great room, 3-car garage with in-law/nanny suite, rocking chair front porch and sweeping mountain views.
120 Ralph McGill Blvd
December 6, 2009 by Matt Newman · Leave a Comment
Pre-foreclosure short sale in downtown Atlanta. Great location located just steps from the the W downtown, Georgia State and Marta. Amenities include business center, fitness center, laundry, covered parking, pool, on-site management and 24-hour concierge.
