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	<title>New York Short Sale Blog</title>
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	<description>Short Sale Commentary From J. Philip Real Estate, One Of Westchester County, NY&#039;s Top Short Sale REALTORS</description>
	<lastBuildDate>Wed, 30 Nov 2011 04:55:40 +0000</lastBuildDate>
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		<title>New York Short Sale Blog</title>
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		<title>Notes from the Short Sale Trenches</title>
		<link>http://nyshortsaleblog.com/2011/11/29/notes-from-the-short-sale-trenches/</link>
		<comments>http://nyshortsaleblog.com/2011/11/29/notes-from-the-short-sale-trenches/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 04:55:39 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[Success Stories]]></category>
		<category><![CDATA[extensions]]></category>
		<category><![CDATA[White Plains short sale]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=6993</guid>
		<description><![CDATA[Athletes speak of a &#8220;good tired&#8221; and a &#8220;bad tired&#8221; after a game, good after a win and bad after a loss. Tonight I am the good kind of tired. 13 months ago I met with a very nice lady in White Plains who called me after a Realtor she was interviewing proposed that since [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=6993&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<title>Short Sales are Not to Blame for Market Decline</title>
		<link>http://nyshortsaleblog.com/2011/06/03/short-sales-are-not-to-blame-for-market-decline/</link>
		<comments>http://nyshortsaleblog.com/2011/06/03/short-sales-are-not-to-blame-for-market-decline/#comments</comments>
		<pubDate>Sat, 04 Jun 2011 01:54:40 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[REO]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=4076</guid>
		<description><![CDATA[A client forwarded me the link on Inman News to this broker in Nevada who blames short sale agents and sellers for the mess.  Prices keep falling because the short-sale agents are listing at 5 to 10 percent below comps in order to try to get an offer, and often are accepting offers at even [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=4076&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2011/06/03/short-sales-are-not-to-blame-for-market-decline/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<title>When Everyone Walks Away with Money Exept the Seller</title>
		<link>http://nyshortsaleblog.com/2011/03/26/when-everyone-walks-away-with-money-exept-the-seller/</link>
		<comments>http://nyshortsaleblog.com/2011/03/26/when-everyone-walks-away-with-money-exept-the-seller/#comments</comments>
		<pubDate>Sun, 27 Mar 2011 01:11:22 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[avoiding foreclosure]]></category>
		<category><![CDATA[preserving credit]]></category>
		<category><![CDATA[proceeds]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=2509</guid>
		<description><![CDATA[Just about every home sale is stressful on the seller. A short sale, given the higher stakes and financial ramifications, often has even more stress for the seller than a typical transaction. On a few occasions, I have had a short sale client lament that they are &#8220;left out&#8221; in a way, in that everyone [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=2509&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<title>Please Take Off Your Clothes</title>
		<link>http://nyshortsaleblog.com/2011/03/03/please-take-off-your-clothes/</link>
		<comments>http://nyshortsaleblog.com/2011/03/03/please-take-off-your-clothes/#comments</comments>
		<pubDate>Fri, 04 Mar 2011 04:42:59 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[avoiding foreclosure]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[questions]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=1555</guid>
		<description><![CDATA[I just finished my first day of CDPE (Certified Distressed Property Expert) class, and am reflecting on one of the more profound insights given by the instructor, Mark Boyland. Mark, who is an excellent presenter, compared the difficult issues we have to sort out with distressed homeowners with the rather matter of fact way a doctor handles another [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=1555&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>3</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<title>How Much of a Loss Will The Bank Accept in a Short Sale?</title>
		<link>http://nyshortsaleblog.com/2011/02/11/how-much-of-a-loss-will-the-bank-accept-in-a-short-sale/</link>
		<comments>http://nyshortsaleblog.com/2011/02/11/how-much-of-a-loss-will-the-bank-accept-in-a-short-sale/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 06:32:27 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[Bank Loss]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[Westchester short sales]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=776</guid>
		<description><![CDATA[How much of a loss will the lender accept in a short sale? I am asked this from time to time by consumers and agents alike. We always disclose when a property is being sold subject to lender approval, and I understand the rationale for asking about the numbers, especially with the high dollar value [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=776&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2011/02/11/how-much-of-a-loss-will-the-bank-accept-in-a-short-sale/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<title>Buying a Short Sale: Market Value, Not a Steal</title>
		<link>http://nyshortsaleblog.com/2011/02/02/buying-a-short-sale-market-value-not-a-steal/</link>
		<comments>http://nyshortsaleblog.com/2011/02/02/buying-a-short-sale-market-value-not-a-steal/#comments</comments>
		<pubDate>Wed, 02 Feb 2011 23:09:23 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[buying a short sale]]></category>
		<category><![CDATA[Westchester short sales]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=678</guid>
		<description><![CDATA[As short sales have become more common and are even showing up in new markets in Westchester, I find myself educating my colleagues on what can and cannot be done in order to have a successful closing. Lately, we&#8217;ve received offers that are unrealistically low; essentially, what the buyers do not understand is that the lender is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=678&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2011/02/02/buying-a-short-sale-market-value-not-a-steal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<title>Will I Have to Pay Taxes After a Short Sale?</title>
		<link>http://nyshortsaleblog.com/2011/01/28/will-i-have-to-pay-taxes-after-a-short-sale/</link>
		<comments>http://nyshortsaleblog.com/2011/01/28/will-i-have-to-pay-taxes-after-a-short-sale/#comments</comments>
		<pubDate>Sat, 29 Jan 2011 03:23:15 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[1099]]></category>
		<category><![CDATA[Mortgage forgiveness debt relief act]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[Westchester short sales]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=635</guid>
		<description><![CDATA[The concern of some homeowners looking to do a short sale that a 1099 issued from the bank will expose them to a new problem, namely a huge income tax bill on the forgiven debt, is understandable. With home values in Westchester in 2010 at a median of $630,000, a six figure 1099 is entirely [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=635&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<item>
		<title>Recent Media Appearances</title>
		<link>http://nyshortsaleblog.com/2010/12/09/recent-media-appearances/</link>
		<comments>http://nyshortsaleblog.com/2010/12/09/recent-media-appearances/#comments</comments>
		<pubDate>Thu, 09 Dec 2010 08:42:53 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[Mt Vernon]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[Strategic Defaults]]></category>
		<category><![CDATA[Westchester short sales]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=320</guid>
		<description><![CDATA[I have been prominent in two separate stories in the media this past week regarding default properties and their effect on the market and the borrower. This past Sunday I was in the New York Times, and on Tuesday I was in a nice piece on AOL Daily Finance. The Times piece centered on strategic [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=320&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/12/09/recent-media-appearances/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<item>
		<title>How Do You Price a Short Sale?</title>
		<link>http://nyshortsaleblog.com/2010/11/14/how-do-you-price-a-short-sale/</link>
		<comments>http://nyshortsaleblog.com/2010/11/14/how-do-you-price-a-short-sale/#comments</comments>
		<pubDate>Mon, 15 Nov 2010 02:34:00 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[avoiding foreclosure]]></category>
		<category><![CDATA[New York short sale Realtor]]></category>
		<category><![CDATA[pricing]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=312</guid>
		<description><![CDATA[After two similar discussions the past week, it would be wise to address how a short sale should be priced. After all, if the offer submitted to the lender is subject to approval and therefore not a certainty, all the more that the asking price is also a hypothesis. It is. But, as educated guesses [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=312&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>3</slash:comments>
	
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			<media:title type="html">J. Philip Faranda (866) 343-2889</media:title>
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		<title>Can an Owner Reject an Offer in a Short Sale?</title>
		<link>http://nyshortsaleblog.com/2010/10/29/can-an-owner-reject-an-offer-in-a-short-sale/</link>
		<comments>http://nyshortsaleblog.com/2010/10/29/can-an-owner-reject-an-offer-in-a-short-sale/#comments</comments>
		<pubDate>Fri, 29 Oct 2010 11:44:31 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[avoiding foreclosure]]></category>
		<category><![CDATA[low offers]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[Owners rights]]></category>
		<category><![CDATA[rejecting offers]]></category>
		<category><![CDATA[Westchester short sale Realtor]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=303</guid>
		<description><![CDATA[Contrary to what some may think, an owner is not obligated to submit every offer to the lender for approval in order to do a short sale. As a matter of fact, there are offers that an owner should never submit to the lender. That is the owner&#8217;s right, as they still hold title and [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=303&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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