CitiMortgage and Keller Williams Partner on Short Sales
June 2, 2011 by Matt Newman · Leave a Comment
CitiMortgage has selected Keller Williams Realty to partner with in regards to aiding defaulting homeowners facilitate a short sale. Letters will be mailed on June 8, 2011 that will go out to homeowners who are 90-days or more behind in making their monthly mortgage payment. These letters will contain the names and contact information of [...]
Changes for Buyers of Short Sales in Atlanta
January 28, 2010 by Matt Newman · Leave a Comment
One thing in real estate that is constant is change. Our primary MLS here in the Atlanta Metro, FMLS, has released a series of changes that will impact how buyers and real estate agents search for short sales. The new options that have been added to listings are: 1.) “possible short-sale” or 2.) “short-sale approved” [...]
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, [...]
Short Sale Action Guide
October 21, 2009 by Matt Newman · Leave a Comment
Are you a homeowner who is faced with the reality that you owe more than your home is worth? Have you had a recent financial hardship that is resulting in difficulty making ends meet? If any of these scenarios sound familiar, you might qualify for a short sale. A short sale is when your lender(s) [...]
