Does it really matter who you choose to do your mortgage? Can't you just go down to any ho-hum bank and get a home loan? Or call that spammy 1-800 number (that is most likely a sex hotline) you got from a quick Google search? Yes, it matters! And it’s a big FLIPPIN’ deal! You might be thinking, “Big Box is the way to go … [Read more...] about Big Box Banks vs. Local Mortgage Banker
Sorry to interrupt your regularly scheduled PBS program in the drab, grey fields of irrational paranoia, fear and anarchy, but I have an important message for you: IT'S ALL IN YOUR HEAD. WE ARE NOT IN A HOUSING CRISIS. We are not about to be in one either! I know what you're thinking, "Oh, but Kristin, you're a REAL ESTATE … [Read more...] about Are We Headed For Another Real Estate Bubble?
[youtube http://www.youtube.com/watch?v=dBHBZ3ulMJY&fs=1&hl=en_US&rel=0] Unbelievable how far these loan mod scammers will go!! Watch out for GINO! Oh yes, lucky me, I got a call from my lender, CitiMortgage, extending an offer to modify my loan. Only problem there is that my house was foreclosed on 6 MONTHS AGO! I had to check … [Read more...] about Loan Mod Scams from the Grave!!
The Making Home Affordable's Loan Affordable Program Has Left Too Many Homeowners Scratching Their Heads [youtube http://www.youtube.com/watch?v=XCH7wSNZA54&fs=1&hl=en_US&rel=0] Checked out Mandelman Matters blog about the HAMP law suits. It's great that homeowners are getting there day in court, but I am wondering if it really … [Read more...] about Homeowners Suing for HAMP…But WHY???
[youtube http://www.youtube.com/watch?v=cyHVJJhY3W4&hl=en_US&fs=1&color1=0x2b405b&color2=0x6b8ab6] With the changing climate of short sales, are banks more open to loan modifications? Perhaps...here are some tips if you are out of options and are thinking about taking another shot at a loan modification. Here's a great online … [Read more...] about Loan Modifications: Is It Time for Another Shot at One?
After watching a couple of news snippets on MSNBC that reported on loan modifications, I was amazed at the huge divide between bankers and policy makers, and the reality from the consumers' viewpoint. Check out the interviews and let me know what you think.... *Michael Barr, US … [Read more...] about Hey Banks! Wake Up! Loan Mods Aren’t Working…
On December 15, 2009 , I attended a round table presented by the Women's Council of Realtors. The featured speaker was a representative from Bank of America who shared an overview of the current short sale policies that BofA is following. During the presentation, he shared the five most common reasons that short sales are … [Read more...] about Five Reasons Why Short Sales Are Declined
On December 15, 2009 , I attended a round table presented by the Women's Council of Realtors. The featured speaker was a representative from Bank of America who shared an overview of the current short sale policies that BofA is following. The session was informative and very interactive and the audience shared a wide variety of … [Read more...] about Update from Bank of America on Short Sales