Listing and buying property at online auction
This guest article explains the basics of online auctions for real estate.
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Tag: short sale
Form-of-the-Week: Equity Purchase Agreement and Equity Purchase Agreement with Short Sale Contingency — Forms 156 and 156-1
When an investor or dealer wants to purchase a residence in foreclosure, they use RPI Form 156 and 156-1 when it is a short sale.
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MLO recession survival guide Part 2: Buyers’ agents and underwater home sellers
Continue to work with your evolving base of homebuyers and sellers to earn fees, even as traditional originations slow to a trickle.
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Brokerage Reminder: Don’t be coy—let hardship letters tell all
Information on drafting a hardship letter when conducting a short sale.
Read MoreIs Fannie Mae liable for money losses resulting from a false foreclosure report in its underwriting software?
Zabriskie v. Federal National Mortgage Association Facts: A homeowner defaults on their mortgage and short sells their home. The homeowner later obtains a mortgage for the purchase of a new home. More than two years after their...
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May a credit reporting agency (CRA) be held liable for Fannie Mae’s incorrect classification of a short sale as a foreclosure?
Shaw v. Experian Information Solutions, Inc. Facts: A distressed homeowner short sells their...
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FARM: Sinking under your mortgage?
Use this FARM letter copy in your marketing! Have a topic you’d like us to write about? Email editorial@firsttuesday.us and let us know!
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