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HAFA SHORT SALE RULES ARE SCHEDULED TO TAKE EFFECT ON APRIL 5. ARE YOU READY?

The deadline for servicers to implement the new Home Affordable Foreclosure Alternatives program (HAFA) is now less than two weeks away.  This means that all of the HAFA rules forms and guidelines will be taking effect very soon.  Although servicers and lenders have had the option to implement the new HAFA program before the deadline, [...]

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MOST SHORT SALES NOW PAY A FULL 6% REAL ESTATE COMMISSION

HUD, FANNIE MAE AND FREDDIE MAC ALL NOW AUTHORIZE PAYMENT OF SIX PERCENT COMMISSIONS A major issue real estate agents have faced when negotiating short sales with lenders and servicers was that it was always a battle to try and get paid a full real estate commission on these difficult and time consuming transactions.  The loss mitigators working [...]

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Working the Foreclosure Cycle – Your Key to Long Term Success

As a Real Estate Broker, Lender and Investor, I have worked the foreclosure and distressed property market for over three decades.  As you can imagine, I have seen many people come and go in real estate over the years.  One of the main reasons for people leaving real estate is that they either lack the [...]

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