The Investor Insights

In January 2011, an estimated 74,000 homeowners received some form of loan modification. According to Hope Now, a non-profit mortgage relief organization, this number is 27% less than the amount one year ago. And the downward trend continued in February 2012 with 20% less loan modifications than in 2011. Why the decrease? According to Eli [...]

The Government’s new Home Affordable Foreclosure Alternatives Program (HAFA) that recently went into effect is helping streamline the short sale process.  The biggest problem with short sales is that they were taking at least 3-6 months or longer to get lenders to approve them.  Now that most lenders have jumped on board with the idea [...]

Purchasing REO’s is one of the best investments you can make these days. However, if the bank will not negotiate with you directly on their REO listings you will have to contact a Realtor to view the property and make an offer. Banks usually list their REO properties with local Realtors who market them in [...]

The government’s HAFA program that went into effect on April 5, 2010 should help shorten the length of time it takes a lender to approval a short sale. The HAFA program is an alternative for homeowners that do not meet the guidelines under the government’s Home Affordable Modification Program to receive a mortgage loan modification. [...]

I got an email a few weeks ago from a customer who purchased a course I recommended and she was in a frenzy.  She said that she wanted her money back because she discovered the product is a “scam.” It was a weird email to get because I only recommend products and services that I [...]