Archive for the ‘Short Sales’ category

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Bank of Americas Short Sale Policies

September 29, 2010

Almost any real estate agent trying to work out a short sale deal with Bank of America will express frustrations with the slow and painful process. Bank of America is dealing with more short sales than any other company, in large part due to their acquisition of Countrywide Home Loans which was notorious for offering [...]

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Top 10 States With Negative Equity

August 27, 2010

Here is a top ten list you don’t want to be on. It is the CoreLogic “negative equity list.” These are the states that have the highest percentage of people who owe more on their homes than the property is worth. Nevada’s numbers are staggering. More than 2 of every 3 Nevadans with a mortgage [...]