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National Campaign Launched to Combat Loan Mod Scams

Dennis Norman

I don’t think I need to tell real estate investors about the record foreclosure rates we have seen as well as the unprecedented number of people that are struggling to make their house payments.  As a result,there are many good opportunities out there for real estate investors to acquire property at [...]

Fannie Mae Issues Guidelines For HAFA Short-Sales and Deed-in-Lieu

UPDATE- June 2,2010:The National Association of REALTORS obtained answers from the Treasury Department on 3 common questions about HAFA:

agents are not permitted to rebate a portion of their commission to the buyer,sellers who are real estate agents must list their home for sale with another broker,not their own broker,and [...]

Short Sales –Kiss Those Options Goodbye!

Dennis Norman

Back in early December I did a post on a different blog about a new program that was announced in November,the Home Affordable Foreclosures Alternative (HAFA) Program which is scheduled to go into effect April 5,2010.  HAFA is a program to help provide alternatives to homeowners that are facing foreclosure.  [...]