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	<title>New York Short Sale Blog &#187; New York short sales</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 &#187; New York short sales</title>
		<link>http://nyshortsaleblog.com</link>
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		<item>
		<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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		<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>
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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>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>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/10/29/can-an-owner-reject-an-offer-in-a-short-sale/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>NY Times: Banks Resisting Short Sales</title>
		<link>http://nyshortsaleblog.com/2010/10/26/ny-times-banks-resisting-short-sales/</link>
		<comments>http://nyshortsaleblog.com/2010/10/26/ny-times-banks-resisting-short-sales/#comments</comments>
		<pubDate>Tue, 26 Oct 2010 17:42:58 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[avoiding foreclosure]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[foreclosure moratorium]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[New York Times]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=295</guid>
		<description><![CDATA[The top emailed story on the New York Times website today, Short Sales Resisted as Foreclosures Are Revived, is over 2 days old. That it remains pinned as the top story to share is significant, especially to anyone in New York who is facing foreclosure or in a short sale. Bank of America has, after [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=295&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/10/26/ny-times-banks-resisting-short-sales/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>Short Sale Fraud and Strawmen</title>
		<link>http://nyshortsaleblog.com/2010/10/24/short-sale-fraud-and-strawmen/</link>
		<comments>http://nyshortsaleblog.com/2010/10/24/short-sale-fraud-and-strawmen/#comments</comments>
		<pubDate>Sun, 24 Oct 2010 13:46:34 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[New York short sale agent]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[short sale fraud]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=299</guid>
		<description><![CDATA[This article in today&#8217;s NY Times makes reference to banks being reticent to approve short sale because of a fear of fraud. This is not the first I have heard the concern, and while any fraud is wrong, the argument is a straw man excuse to not streamline the process. Are there fraudulent short sales, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=299&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/10/24/short-sale-fraud-and-strawmen/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>Who Negotiates a Short Sale in New York?</title>
		<link>http://nyshortsaleblog.com/2010/10/23/who-negotiates-a-short-sale-in-new-york/</link>
		<comments>http://nyshortsaleblog.com/2010/10/23/who-negotiates-a-short-sale-in-new-york/#comments</comments>
		<pubDate>Sat, 23 Oct 2010 09:37:16 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[HUD-1]]></category>
		<category><![CDATA[Negotiation]]></category>
		<category><![CDATA[New York short sales]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=291</guid>
		<description><![CDATA[Recently, a listing brokerage instructed one of my agents to include a HUD-1 as part of our client&#8217;s offer on that brokerage&#8217;s short sale listing. To say that it was a peculiar request is an understatement; The HUD-1, which is a mandatory form in any transaction involving a mortgage financing, itemizes and documents all expenses [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=291&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/10/23/who-negotiates-a-short-sale-in-new-york/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>Foreclosure Moratorium Will Boost New York Short Sales</title>
		<link>http://nyshortsaleblog.com/2010/10/13/foreclosure-moratorium-will-boost-new-york-short-sales/</link>
		<comments>http://nyshortsaleblog.com/2010/10/13/foreclosure-moratorium-will-boost-new-york-short-sales/#comments</comments>
		<pubDate>Wed, 13 Oct 2010 20:40:29 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[foreclosure moratorium]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[robo signing]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=283</guid>
		<description><![CDATA[Now that Bank of America has joined Chase and GMAC in suspending foreclosures in 23 states (BoA is actually suspending them in all 50), including New York, the entire industry is abuzz with questions as to what the consequences are for the market, a recovery, and most of all, distressed homeowners. Now known as the robo-signing scandal, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=283&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/10/13/foreclosure-moratorium-will-boost-new-york-short-sales/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>NY Times Discovers Short Sales 14 Months After They Arrived in New York City</title>
		<link>http://nyshortsaleblog.com/2010/07/24/ny-times-discovers-short-sales-14-months-after-they-arrived-in-new-york-city/</link>
		<comments>http://nyshortsaleblog.com/2010/07/24/ny-times-discovers-short-sales-14-months-after-they-arrived-in-new-york-city/#comments</comments>
		<pubDate>Sat, 24 Jul 2010 11:18:54 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[Manhattan short sales]]></category>
		<category><![CDATA[New York short sales]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=226</guid>
		<description><![CDATA[With their article entitled The Roller Coaster Ride Called a Short Sale, the NY Times has examined the phenomenon&#8217;s arrival in Manhattan. Of course, I posted Short Sales Have Come to New York City in March of 2009. That is when I referred one of the first ever in Manhattan to my esteemed colleague, Eileen [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=226&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/07/24/ny-times-discovers-short-sales-14-months-after-they-arrived-in-new-york-city/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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			<media:title type="html">Super Agent Eileen Hsu and Phil Faranda</media:title>
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		<title>Dealing with Second Mortgages in a Short Sale</title>
		<link>http://nyshortsaleblog.com/2010/03/17/dealing-with-second-mortgages-in-a-short-sale/</link>
		<comments>http://nyshortsaleblog.com/2010/03/17/dealing-with-second-mortgages-in-a-short-sale/#comments</comments>
		<pubDate>Wed, 17 Mar 2010 23:17:06 +0000</pubDate>
		<dc:creator>J. Philip Faranda</dc:creator>
				<category><![CDATA[Short Sales]]></category>
		<category><![CDATA[2nd mortgages]]></category>
		<category><![CDATA[HAFA]]></category>
		<category><![CDATA[New York short sale Realtor]]></category>
		<category><![CDATA[New York short sales]]></category>
		<category><![CDATA[Westchester short sale Realtor]]></category>
		<category><![CDATA[Westchester short sales]]></category>

		<guid isPermaLink="false">http://nyshortsaleblog.com/?p=209</guid>
		<description><![CDATA[New HAFA rules are forcing home sellers to negotiate directly with subordinate liens, or, in common terms, second mortgages, on their own, according to Bankrate.com. The way the rules are written, there is a financial incentive for the 2nd mortgage  to settle and release the lien, but the onus of getting assurances that the bank [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nyshortsaleblog.com&amp;blog=6110404&amp;post=209&amp;subd=newyorkshortsaleblog&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nyshortsaleblog.com/2010/03/17/dealing-with-second-mortgages-in-a-short-sale/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
	
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