Short Sale News

The Future Looks GOOD for Short Sales

Nov 11th, 2008 | By admin | Category: Featured, Short Sale News, Short Sales

After reading this article from the Associated Press, I bet you are even more convinced on how you can capitalize on short sale investing in a MAJOR way right now.

If your budget allows, I strongly encourage you to let our team do your negotiating so you can focus on simply signing up leads. Let [...]



Breaking News! - US Govt Takes Over Fannie Mae and Freddie Mac

Sep 7th, 2008 | By cboatright | Category: Short Sale News, Short Sale Video

US Government takes over mortgage giants Fannie Mae and Freddie Mac
Resource: News: Yahoo.com

Treasury Secretary Henry Paulson, Jr. speaks during a news conference in AP – Treasury Secretary Henry Paulson, Jr. speaks during a news conference in Washington, Sunday, Sept. 7, …

WASHINGTON – The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and [...]



Breaking News - New Fannie Mae Changes

Aug 8th, 2008 | By cboatright | Category: Featured, Short Sale News

Fannie Mae Raises Lender Fees, Releases Retained
Attorney List
Carrie Bay | 08.07.08
Resource: DS News
Earlier this week, Fannie Mae announced that it is increasing the fees it charges lenders for purchasing their mortgages and making adjustments to its pricing structure for home-loan securities.



Freddie Mac to the Rescue!

Jul 31st, 2008 | By cboatright | Category: Featured, Short Sale News, Short Sale Questions

Stop the truck Sally!

This BREAKING NEWS report just came in from Mortgage News Daily.



Help Me Pick the New ShortSaleology Logo

Jul 1st, 2008 | By cboatright | Category: Featured, Short Sale News, Short Sales

OK here’s the deal. The last time I gave away something you guys went CRAZY! So… let’s see happens THIS time.

I’m running a little CONTEST on a design logo for the new launch of ShortSaleology 2.0. If you haven’t heard about it don’t worry… you will soon.

I need your help. Would [...]



Foreclosed Properties Only… Dang It!

Jun 16th, 2008 | By cboatright | Category: Short Sale News

Well I almost was ready to swing from the rafters! Then all of a sudden reality struck!

It seems the 90 Day FHA Seasoning Lift for 1 Year only applies to properties acquired from foreclosure. That means it really doesn’t affect short sale properties.

Download HUD Flipping Guidelines for 90 Day Seasoning Lift

WHAT ARE YOUR THOUGHTS [...]



FHA Lifts 90 Day Seasoning Rule for 1 Year!

Jun 14th, 2008 | By cboatright | Category: Short Sale News

Yup… you read that right!

This is going to be an AMAZING here especially for all us short sale investors. Just think how many different programs FHA provides first time buyers to qualify to buy a house. Now take those buyers and match them up with all your short sale approved houses and what do [...]



You Walk Away

Jun 6th, 2008 | By cboatright | Category: Short Sale News

I just read this article and it was a pretty interesting concept. Has anyone else heard of this?
The statistics are all over the place, but it is clear that not only are mortgage delinquencies and foreclosures skyrocketing, but millions of homeowners are "upside-down " in their mortgages; that is they owe more to the bank [...]



I’m Going to Be in Cleveland - Come By and Say “Hello”

May 29th, 2008 | By cboatright | Category: Short Sale News

I hope everyone is having a productive day.

I am leaving today around 4PM and heading to Cleveland, Ohio.  I will be staying at the Marriot.  Call Rick or Gary for more details.  Please call Rick at 440-545-2341 or Gary at 440-545-2340.

Why am I telling you?  I would love meet you there!  Just email [...]



What Do You Think About Capping the Rate?

May 27th, 2008 | By cboatright | Category: Short Sale News, Short Sales

Here is an interesting article from: http://www.mortgagenewsdaily.com/5272008_Rate_Freeze.asp

Mortgage News Daily received an email this week from a reader with an intriguing idea for, if not solving, at least lessening the foreclosure crisis. What we loved about it was its simplicity.

The reader said that she works with a real estate attorney in Florida, one of the [...]