The Investor Insights

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. [...]

If you’re negotiating short sales in Florida, you better have your mortgage broker’s license.  This from a new law that went into effect this month. Read all about it here: SB2226 Letter to Florida Association of Realtors

Here’s a reader question: Hi Susan, I have meet a road block with trying to make short sale deals work. The problem is banks take months to respond to a proposal. Is there a better way to shorten this response time? — Anthony Hey

Here’s an article that Jeff Kaller wrote a few years ago. Great info if you’re working short sales and running into some roadblocks. As we all know certainly the most appealing aspect of the pre-foreclosure business is the concept that lenders will take less than what is owed

Just signed a deal with some very deep pockets to provide funding for my peeps! Coming in 5 days… 100% Transactional Funding for Short Sales, BULK REO and Double Closes FREE Proof of Funds Letters to $1,000,000 Any State Any Title Company

I have to admit that I am not a fan of short sale investing. It takes so long it’s almost worse than getting a loan approved. But after reading this article in the Washington Post, I  could change my mind… Already, Bank of America, the country’s largest mortgage lender, has seen completed short sales jump [...]

Here’s a replay of the Investor Insights Virtual Class featuring Ben and Susan discussing Foreclosure and Rehabbing Investing! Original Air Date: September 16, 2008