Shortsales

What is a “Boomerang Buyer?” Buying a Home Following a Short Sale or Foreclosure

September 12, 2013

This past March, Money Magazine claimed that the real estate industry was back. Home Prices had increased in 92 of the country’s largest 100 metropolitan areas, interest rates were in the 3’s and the number of homes for sale was at the lowest level in a decade. While interest rates have risen more than a […]

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TESTIMONIALS

July 30, 2013

   

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Fannie Mae Short Sale Guidelines

February 16, 2013

Fannie Mae Streamlines Short Sale Transactions Fannie Mae announced new short sale guidelines this past August in an effort to streamline short sale transactions. The Fannie Mae short sale guidelines, which went into effect November 1st, are designed to simplify the short sale approval process for all loans owned or guaranteed by Fannie Mae. According to the […]

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How Does A Short Sale Affect Your Credit Score?

April 7, 2011

Foreclosure vs. Short Sale: Which Option Is Best For My Credit Score? As someone who deals with homeowners facing foreclosure on a daily basis, I am often asked whether a short sale or foreclosure results in more damage to your credit. Unfortunately, there is no straight- forward answer. The reason why this is such a […]

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Short Sale Tax Consequences: Understanding The Qualified Principal Residence Exemption

March 24, 2011

Mortgage Forgiveness Debt Relief Act and Short Sale Tax Consequences

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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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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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DISCLAIMER

July 9, 2010

LEGAL DISCLAIMER: The information on this blog is for educational purposes only and is not to be construed as legal advice. The content herein is not a substitute for competent legal advice and readers should not act upon this information without first seeking independent counsel from a licensed attorney. All readers are encouraged to seek the […]

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