Comments for Real Estate Insider News

Comment on Bank of America Short Sale Assistance Program Pays Sellers Up To $30,000! by Tim Harris

Tim Harris — Sun, 20 May 2012 01:55:15 +0000

Well, what do you want me to tell you….that is an action email from BoA…..that is an actual program going on now.

Comment on Bank of America Short Sale Assistance Program Pays Sellers Up To $30,000! by LVSue29

LVSue29 — Sat, 19 May 2012 22:11:42 +0000

I was at a short sale presentation by Bank of American on Friday and there was no mention of this kind of money being given to homeowners. They also said that a homeowner still needs to prove financial hardship in a short sale.

Comment on Short Sale Questions Answered | Radical Change To Credit Reporting Following Short Sale by Sofie Kellogg

Sofie Kellogg — Sat, 19 May 2012 21:56:17 +0000

Great information!

Comment on Bank of America Principal Forgiveness Program..How To Get $150k Knocked Off Your Loan. by Thomas Carter

Thomas Carter — Fri, 18 May 2012 19:10:42 +0000

What I’m amazed at is that in order to qualify, I must ruin my good credit rating to take advantage of my houe being upside down. My home has gone down in value over $40,000 in the last two years according to the Clark County Tax Assessor here and I can just barely make my house payments. If I stop making my house payments to make the deadline, and Bank of America does not send me a letter, then am I’m screwed. My VA loan was thru Bank of America here in Las Vegas and if I stop paying my mortgage will I even qualify.

Comment on Bank of America Short Sale Assistance Program Pays Sellers Up To $30,000! by Tony Wiszowaty

Tony Wiszowaty — Wed, 16 May 2012 18:35:45 +0000

I can’t read the B of A article because the right side of the page is cut off. How can I get the whole article?

Tony

Comment on Decline In Foreclosures Due To Market Recovery? (Must Read Report) by Tim Harris

Tim Harris — Wed, 16 May 2012 17:21:30 +0000

Great advice Sue!

Comment on Baby Mama Movers: Celeb Mothers Who List by Tim Harris

Tim Harris — Wed, 16 May 2012 17:20:47 +0000

We focus on webinars….we can serve more people that way.

Here is one coming up:
http://ewebinars.com/1428/g6leidrka/webinar-register.php?trackingID1=manuallink&trackingID2=&landingpage=default&expiration=default

Tim

Comment on Bank of America Short Sale Assistance Program Pays Sellers Up To $30,000! by Phil Bordeaux

Phil Bordeaux — Wed, 16 May 2012 17:02:26 +0000

Mary….Solutions for what exactly?

Comment on Baby Mama Movers: Celeb Mothers Who List by Xavier Flamenco

Xavier Flamenco — Wed, 16 May 2012 16:27:07 +0000

Do you have seminars in the Los Angeles area/San Gabriel..

Comment on Decline In Foreclosures Due To Market Recovery? (Must Read Report) by LVSue29

LVSue29 — Wed, 16 May 2012 16:01:06 +0000

Yes, here is Nevada there has been a temporary price increase due to low inventory. Most houses have multiple offers on them, usually going to the cash buyer. Until the state law is repealed or changed, regular buyers are having a hard time getting a house, and investors are paying market value and bumping up the prices to resell them. Be careful now buying here, prices are inflated. This is the problem we had in the “frenzy” years, everyone trying to grab up the limited inventory…..

Comment on Can You Put a Price on Being a Homemaker? by A cool, cozy Nest – Bridget Magnus Shows the World as Seen from 4'11"

A cool, cozy Nest – Bridget Magnus Shows the World as Seen from 4'11" — Wed, 16 May 2012 00:36:17 +0000

[...] Closing: recessions will do that; judge recognizes “fair use” when he sees it; and value added [...]

Comment on What You Should Know About Pocket Listings by james vandeck

james vandeck — Sun, 13 May 2012 15:22:32 +0000

In Pennsylania, a listing must be entered in the MLS within 48 hours. What you suggested is unethical and subject to a daily fine. I wish I was a member of your local Board. I would go after anyone who makes stupid recommendations like yours.

James

Comment on New Jersey Real Housewife Gorga Wants Out — Out of Her House, That Is by Ann

Ann — Fri, 11 May 2012 16:20:13 +0000

Melissa’s husband’s name is Joe Gorga —- I am sure she would be insulted to have had him confused with the seemingly always drunk Joe Giudice.

Comment on The Return Of Home Value Appreciation | The Great Real Estate Recovery of 2012! by Phil Bordeaux

Phil Bordeaux — Fri, 11 May 2012 13:00:23 +0000

“….may actually be SET to rise”

“….not to say they are rising yet..but they are stabilizing….”

Their source? The REALTORS®

Aren’t these the same people who completely blew and then had to revise their most basic reporting statistic.,..home sales?

One other question. Have these blow-dried talking heads at CNBC EVER been right about ANYTHING?..

LOL>..stupid is as stupid does.

Comment on Bank of America Principal Mortgage Balance Reduction Program…Do YOU Qualify? by Phil Bordeaux

Phil Bordeaux — Thu, 10 May 2012 16:15:14 +0000

Another load of crap. Like Bank of AmeriKa cares about what’s better for the homeowner or investor or community.

They packaged junk, bought ratings and sold it as prime to institutional investors, leaving them and the taxpayers holding the bag..

They then screwed homeowners with their obfuscatory and delaying tactics, bad advice and other slimy tactics which continue to this day.

(One of my clients waited 2 years for them to tell her last week she didn’t qualify for a HAMP modification. When she told them she wanted to proceed straight to a HAFA short sale, the B of A rep told her they couldn’t allow that until they made sure she didn’t qualify for “any of our other programs..” When she asked the names of those programs the rep couldn’t even tell her. She upped and moved out and just walked away…GREAT for the community!)

Then they floated a program in Nevada and AZ to take deeds back and then rent the homes to the existing homeowners. at below market value, thereby nominally screwing the small investors they sold the first batch of foreclosures to who bought them for rehab and rental…being hamstrung into that due to antt flipping rules they just made up out of thin air!

(Such a deal..that’s the American Dream…maintaining B of A’s asset and paying for the privilege so they can short sell it, or even sell it at a profit years later. One might ask why they are so willing to act as “investors” in the property now..but don’t see it that way even when they did more due diligence in vetting the buyer and the property at the time they issued the mortgage than they did when they sold it to the government and investors.)

So now they’re going to give mortgage reductions only to the folks who were far sighted enough to stop paying them last November…before anyone (nominally…) held them accountable? In the end that ridiculous “settlement” was a sellout..and now you are going to see it play out. Ally going bankrupt? More bad debt dumped on the public while they pay bonuses.

Are you people BRAIN DEAD, or just so mired in your own self interest that you will believe any bit of happy horsecrap the banks, media and NAR shovel out at you?

In short B of A doesn’t give a damn about anything but their own profits…PERIOD. If you think the do..I have a bridge I want to sell you.