Category: short sale

4 Tips to Maximize the Sale of Your House

Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling...

To Renovate or Not To Renovate Before You Sell

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are...

Pending Within Days! 0

Pending Within Days!

Well that was fast! We received multiple offers within days on this East Hill home in Kent.  We couldn’t be happier for our sellers.  Even in a hot market, multiple offers don’t just happen. Contact us today if you want to sound advice and a professional team on your side!

Team Reba gets interviewed on 1300 Business Radio KKOL show, Sound Advice! 0

Team Reba gets interviewed on 1300 Business Radio KKOL show, Sound Advice!

Here at Team Reba we’re always talking about real estate education and recently we were asked to participate on the show Sound Business.  Here is the full interview in the 3 segments used for the show. In the interview, we discuss why Reba Haas went into real estate and the...

Bank of America about to start using Auctions.com to promote short sales in 2013 0

Bank of America about to start using Auctions.com to promote short sales in 2013

Sat in on a CDPE call regarding Bank of America and updates to their short sale process, including the use of www.Auctions.com and improvements in the cooperative short sale process. Good info as we’re about to take on a listing that was originally going to fit into this except they...

Military Families get a reprieve from forced default when receiving PCS orders 0

Military Families get a reprieve from forced default when receiving PCS orders

I am so happy to read this news. It has been terrible that these Government Sponsored Entities (GSE) have forced homeowners in the past into default before they’d consider a short sale, and many of those forced defaults turned into unnecessary foreclosures when the GSE wouldn’t accept the short sale...

Team Reba expects short sales to spike in new listings for summer 2012… 0

Team Reba expects short sales to spike in new listings for summer 2012…

Between the Mortgage Debt Relief Act (MDRA) currently sunsetting at the end of 2012 and this new servicer requirement to determine approval or denial within 30-60 days, I suspect we may see a huge glut of new short sales hitting the market over the next 2 months… let’s hope they...

Support for extending the Mortgage Debt Relief Act for underwater homeowners… 0

Support for extending the Mortgage Debt Relief Act for underwater homeowners…

I receive the daily DS News newsletter emails, and I find almost daily something that I’m interested in reading and that does affect my clients, prospects and friends/family. In today’s newsletter there is an article discussing the Mortgage Debt Relief Act (MDRA) which was enacted in 2007, a little item...

Fantastic news!!! Fannie Mae and Freddie Mac are FINALLY going to shorten their short sale process review! 0

Fantastic news!!! Fannie Mae and Freddie Mac are FINALLY going to shorten their short sale process review!

More good news for distressed homeowners who may need to do a short sale can be found at this link. Timelines for those with mortgages held by Fannie and Freddie will get faster answers with a requirement of 30 to 60 days turnaround. If a short sale is countered by...