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All Posts Tagged Tag: ‘Strategic Default’

SB 1852 Changes Everything When You Have been Served a NOD!

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Florida uses non-judges to clear foreclosure backlog! With tens of thousands of foreclosure cases clogged in the state’s courts, the Florida Supreme Court is signing off on a plan to use lawyers — and not judges— to handle them.  The court on Thursday issued an order that will allow chief judges across the state to use “general magistrates” to process foreclosure cases. The order, …

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Daytona Beach Mortgage Professionals

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Attention Mortgage Professionals Create a new profit center for yourself while helping your former clients! Recently a colleague who happened to be a mortgage professional contacted me asking what we could do to help them with their clients who were unable to qualify for a refinance of their home. They felt sorry for the homeowners that they helped in the past …

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Survey: 80% of Strategic Defaulters Want to Return to Homeownership:

Lifeafterdebt

Daytona Beach Short Sales   The American Dream of homeownership has been resurrected among strategic defaulters, a foreclosure agency stated in a recent report. After surveying previous clients, YouWalkAway.comfound nearly 80 percent expressed a desire to purchase a new home again within the next 12 months. YouWalkAway.com explained it’s common for previous customers to desire homeownership since interest rates are low …

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Eminent Default in Short Sales

Do you have short sale listings but hate to deal with Banks?

Eminent Default in Short Sales Real Estate Agents-Do you have Short Sale Listings but Hate to Deal with Banks The new Standardized Short Sale Program AKA HAFA II effective 11-1-2012 Changes everything. Sellers no longer have to be in default to qualify for a short sale. They simply need to be in Eminent default. So what does Eminent Default mean? …

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The Top Seven Financial Pitfalls Of Foreclosure

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The Top Seven Financial Pitfalls  Every Homeowner Facing Foreclosure Must Avoid The foreclosure process is perplexing, even for those experienced in real estate. Real estate agents, attorneys, mortgage brokers, title companies, real estate investors and other real estate professionals all have differing views on the foreclosure process and what is the best route to take when a homeowner faces this …

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