June 25, 2017

Short Sales are changing… find out how with a free front row seat!

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As Louisville Realtors and Certified Distresses Property Expert (C.D.P.E.) Trained we can tell you negotiating a Louisville Home Short Sale can be a long and detailed process. Even with The Home Affordable Housing Alternative (H.A.F.A.) a short sale can take months to complete. But changes may be coming. Bank of America is planning to change the way they work with Real Estate Agents. They are working towards approving short sales within two weeks of receiving an offer. Sound good? You bet! … [Read more...]

Short Sales About to Fall Short for Home Buyers

Planning to buy a Short Sale or already have an offer in on a short sale? You need to read this! New government guidelines meant to help distressed home sellers and their banks sell a home in a short sale may actually hurt the chances of achieving that goal and anger potential sellers and buyers. Our Medley Sokoler Team handles a number of short sales and this week we’ve seen the HAFA program have devastating repercussions.   The Plan: On Tuesday April 5th banks have the option of adopting … [Read more...]

Foreclosure is not an option, help is available!

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More and more homeowners are heading towards foreclosure. A new article published on Housingwire.com has the title “ Subprime Mortgage Delinquencies Building, Again” . The article points to another wave of upcoming foreclosures. Help may be coming is some form, an article published yesterday on Inman.com says “nearly $4 billion in federal grants will be spent to help state and local governments buy foreclosed and abandoned homes ” The big problem is that for thousands of area … [Read more...]