Comments on: ‘Short Sale’ Updates http://kcmblog.com/2009/12/02/short-sale-updates/ Building a Home for Real Estate Information™ Wed, 01 Sep 2010 21:30:15 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: New Short Sales Process Puzzle Coming Together http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-394 New Short Sales Process Puzzle Coming Together Mon, 25 Jan 2010 13:07:06 +0000 http://steveharneyblog.com/?p=1598#comment-394 [...] Short Sales & Foreclosures The Treasury Department has announced new guidelines to ensure ‘short sales’ will be more readily initiated. The program starts April 5, 2010; but [...] [...] Short Sales & Foreclosures The Treasury Department has announced new guidelines to ensure ‘short sales’ will be more readily initiated. The program starts April 5, 2010; but [...]

]]> By: Steve Harney http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-229 Steve Harney Mon, 07 Dec 2009 03:10:33 +0000 http://steveharneyblog.com/?p=1598#comment-229 Hi Linda, They become effective 4/5/2010. In regard to other questions, we plan to have a FAQ post on the blog in the next two weeks to help answer all the questions we have been receiving from agents, loan officers, sellers and buyers. In the meantime, if you have a pressing inquiry, we have asked Phil Tesoriero, a national expert who speaks on short sales, to help. You can email Phil at Phil@thebigforeclosuresecret.com. Hi Linda,
They become effective 4/5/2010. In regard to other questions, we plan to have a FAQ post on the blog in the next two weeks to help answer all the questions we have been receiving from agents, loan officers, sellers and buyers.

In the meantime, if you have a pressing inquiry, we have asked Phil Tesoriero, a national expert who speaks on short sales, to help. You can email Phil at Phil@thebigforeclosuresecret.com.

]]> By: Linda Cadotte http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-228 Linda Cadotte Mon, 07 Dec 2009 01:47:01 +0000 http://steveharneyblog.com/?p=1598#comment-228 Are these regs effective immediately? Are the regs mandatory or voluntary for mortgage companies/banks? thanx Are these regs effective immediately? Are the regs mandatory or voluntary for mortgage companies/banks? thanx

]]> By: Thomas McGiveron http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-210 Thomas McGiveron Thu, 03 Dec 2009 22:22:54 +0000 http://steveharneyblog.com/?p=1598#comment-210 Did I read that right? The mortgage servicer is going to get $1000 for each completed short sale? That's going to move them to work on these harder? And - who is paying for this? Did I read that right? The mortgage servicer is going to get $1000 for each completed short sale? That’s going to move them to work on these harder?

And – who is paying for this?

]]> By: The Solution: Short Sales http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-206 The Solution: Short Sales Thu, 03 Dec 2009 19:02:01 +0000 http://steveharneyblog.com/?p=1598#comment-206 [...] this situation is being corrected. Just this past Monday, the Treasury Department has announced new guidelines to ensure ‘short sales’ will be more readily [...] [...] this situation is being corrected. Just this past Monday, the Treasury Department has announced new guidelines to ensure ‘short sales’ will be more readily [...]

]]> By: Steve Harney http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-204 Steve Harney Thu, 03 Dec 2009 16:51:18 +0000 http://steveharneyblog.com/?p=1598#comment-204 Thanks for the comment!! I'm actually on vacation right now so I just did a quick read on the directive. When I get back, I will read it more thoroughly and, before the end of the month, I will post on all the points of interest. Thanks for the comment!!
I’m actually on vacation right now so I just did a quick read on the directive. When I get back, I will read it more thoroughly and, before the end of the month, I will post on all the points of interest.

]]> By: ShortSaleArtisan http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-203 ShortSaleArtisan Thu, 03 Dec 2009 15:42:48 +0000 http://steveharneyblog.com/?p=1598#comment-203 I also have heard that the regulation prevents flipping by requiring the buyers to be in the house for 90 days minimum. I also have heard that the regulation prevents flipping by requiring the buyers to be in the house for 90 days minimum.

]]> By: Tweets that mention ‘Short Sale’ Updates -- Topsy.com http://kcmblog.com/2009/12/02/short-sale-updates/comment-page-1/#comment-198 Tweets that mention ‘Short Sale’ Updates -- Topsy.com Thu, 03 Dec 2009 00:56:56 +0000 http://steveharneyblog.com/?p=1598#comment-198 [...] This post was mentioned on Twitter by Doug Devitre, Steve Harney. Steve Harney said: ‘Short Sale’ Updates: The Treasury department has released new rules to help simplify the ’sh.. http://bit.ly/6mhtOw [...] [...] This post was mentioned on Twitter by Doug Devitre, Steve Harney. Steve Harney said: ‘Short Sale’ Updates: The Treasury department has released new rules to help simplify the ’sh.. http://bit.ly/6mhtOw [...]

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