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Archive for December, 2009

Bad Blood Toward Bank of America

Posted in Uncategorized, tagged , , on December 28, 2009 | Leave a Comment »

Russell Shaw passes on a powerful email being sent to agents on how to deal with Bank of America’s difficulty with short sales- don’t send them any new mortgage business. More thoughts here.

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Short Sale Investor Canard

Posted in Short Sales, tagged , on December 19, 2009 | Leave a Comment »

Given the number of blogs on the difficulties agents experience on short sales, I thought I’d take another shot at a canard that banks are now using to justify more delays, and that is the following: “The investor is reviewing the file.” This is typically followed by 60 days of nothing. Now, I don’t argue [...]

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Monroe, NY Short Sale: First Time Buyers

Posted in Short Sales, tagged , , , , on December 18, 2009 | Leave a Comment »

An old wrestling teammate from high school referred me to his younger brother, who is also newly married and looking for his first home (Thank you Facebook!). Michael and Stephanie had been out looking for a while, and a prior agent had written an offer for them which didn’t work out. They didn’t have a [...]

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