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Bill Would Speed Short Sales MortgageLoan.com Lenders would have to decide within 45 days whether to approve or deny a short sale, under bipartisan legislation introduced this week in Congress. The bill, jointly introduced by Reps. Tom Rooney (R-Fla.) and Robert Andrews (DN. ... See all stories on this topic » | ||
After short sale, `relocation assistance' is taxable to homeowner Daily Breeze By Ilyce R. Glink Q: Last year, I had to do a short sale on my home. My lender gave me $3000 in "relocation assistance" payments. I'm now doing my taxes and I would like to know whether "relocation assistance" payments are taxable to the homeowner. ... See all stories on this topic » | ||
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Home Prices Down, Sales Up Capital Public Radio News DataQuick's Andrew LePage says the price-drop prompted a bump in sales…by 4%. "About 70% of the properties that resold in March were distressed. They were either a foreclosure resale or a short sale. And in March we had a record 35% of the homes sold ... See all stories on this topic » | ||
Leasing in style among wealthy Myrtle Beach Sun News "The high end got hit last with the wave of foreclosures," and short sales, said Hoffman, who has been an agent for 29 years. "People coming out of those homes have to have a place to go." They may want to stay in the same school districts or close to ... See all stories on this topic » | ||
West lags behind rest of nation in housing recovery Lodi News-Sentinel Carrie Bay writes in a story from DSNEWS.com that an analysis of home prices through the end of February by CoreLogic shows a year-over-year decline of 6.7 percent when distressed properties — REO and pre-foreclosure short sales — are included in the ... See all stories on this topic » | ||
Market snapshot: Lido Shores Sarasota Herald-Tribune While Lido Shores has been affected by the drop in prices since the housing bubble burst (some properties have dropped as much as 50 percent in value), sales have been steady. Of the 17 homes sold over the past two years, only two were short sales, ... See all stories on this topic » | ||
What Constitutes Fair Market Value in Sarasota? Patch.com For the past three years at least, those distressed sales have set the pace for Fair Market Value. Today, as the number of distressed properties on the market diminishes (Only 18% of actively listed properties are distressed - short sales or REOs), ... See all stories on this topic » |
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Bill gives servicers 45 days to respond to short sales | Bankrate.com By Polyana da Costa A new bill that would give lenders 45 days to respond to short sale requests was introduced in the in the US House this week. Bankrate.com - http://www.bankrate.com/financing/ |
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Bill introduced to speed up short sales « HousingWire A bill was introduced in the House of Representatives this week, requiring mortgage servicers to respond within 45 days of receiving a short sale request. ... www.housingwire.com/.../bill-introduced-to-speed-up-short-sa... | ||
Short sale's effect on credit scores: Credit scores will plummet ... Dear Liz: Do I need to stop making payments for my bank to consider a short sale ? I moved and put my house on the market a year ago but got no bites despite ... articles.latimes.com/2011/apr/10/.../la-fi-montalk-20110410 | ||
Delays in Short Sales Frustrate Home Buyers - Yahoo! News Charles Wright of Henderson, Nev., fell behind on his mortgage last year after a divorce squeezed his finances. He twice arranged to sell his house for less ... news.yahoo.com/s/bw/20110415/bs.../1117b4225013122956 | ||
Delays in Short Sales Frustrate Home Buyers - BusinessWeek Short sales could accelerate the resolution of the housing crisis—if the process is streamlined by the big federal mortgage lenders. www.businessweek.com/.../b4225013122956.htm?... | ||
Short Sales Are Not Just A Check… I have a short sale I have been working on for a year. shortsaledailynews.com/short-sales-are-not-just-a-check/ |