Massachusetts Short Sales

Median Home and Condominium Prices Rise as Inventory Drops

August 31, 2016

Image © Bonnie Kittle In June 2016, 17,711 homes were on the market in Massachusetts, the lowest inventory recorded since 2004. The number of listings dropped 28 percent in relation to June 2015, says the Massachusetts Association of Realtors (MAR). With a limited number of available properties, the median price on a single family home rose by 3.5% from […]

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July 2, 2015

Lender Services Our trusted real estate closing professionals have handled thousands of residential real estate transactions on behalf of banks, lenders and credit unions of all sizes. As lawyers, we will assist and undertake the resolution of even the most complex of title issues in a timely and efficient manner. Our attorneys and staff work […]

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July 2, 2015

BUYER REPRESENTATION The trusted real estate closing professionals at Greater Boston Title have extensive experience in all aspects of residential real estate closings. Whether you are a first time homebuyer or a purchaser buying and selling simultaneously, our attorneys have the experience and expertise to get you from consultation to closing table in the most […]

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Senate Passes Mortgage Debt Relief Act Extension

December 17, 2014

As reported December 17, 2014, by National Mortgage News: The Senate approved a bill late Tuesday that would retroactively extend over 50 expiring tax provisions for one year, including the Mortgage Debt Relief Act,  a 2007 law that shields distressed homeowners from paying taxes on any mortgage debt forgiven in a short sale. The Senate approved […]

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Massachusetts Short Sales: Five Tips For Listing Agents To Ensure Short Sale Approval

September 17, 2011

According to a recent report by California based RealtyTrac, distressed properties accounted for one third of all US housing sales in the second quarter of 2011. The glut of inventory is only going to increase as lenders slowly bounce back from the robosigning crisis and foreclosure filings begin to pick up around the country. A […]

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National Association of Realtors: LIFE ON MARS

March 11, 2011

Realtors Must Comply With The Disclosure Requirements Of The MARS Rule If They Negotiate Short Sales Or Advertise short Sale Experience.

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March 2, 2011

Specialties Greater Boston Short Sales, LLC, (GBSS) is Massachusetts’ leading short sale negotiator. We assist buyers, sellers, real estate agents and attorneys with getting their short sales closed. Simply put, we have the expertise to get your short sale to the closing table. If you are a buyer or homeowner considering a short sale, or a real estate […]

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Are Realtors Subject To The FTC MARS Ruling?

February 25, 2011

As a real estate professional that exclusively handles Massachusetts Short Sales,  I continue to receive numerous inquiries about the Federal Trade Commission’s (FTC) Mortgage Assistance Relief Services Act (MARS) that went into effect January 1, 2011. I work with real estate agents on a daily basis and depend on them for a large portion of […]

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Massachusetts SJC Agrees to Hear More Foreclosure Cases

February 17, 2011

Earlier this week, we posted an article regarding the Ibanez Effect and the Massachusetts SJC’s decision to immediately take up a direct appellate review of the Bevilacqua case which addresses whether a third party purchaser holds legal title to a property if they purchased it from a bank following foreclosure. The always informative Massachusetts Land Use Monitor blog […]

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The Ibanez Effect: Foreclosures, Securitization and Short Sales.

February 14, 2011

Early in 2011, the Massachusetts Supreme Judicial Court (SJC) approved a lower court ruling that called into question the validity of thousands of foreclosures throughout the Commonwealth. In US Bank vs. Ibanez, the SJC held that the lender did not have the legal authority to foreclose because they couldn’t actually prove that they owned the mortgage.  Specifically, […]

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