Short Sale Alert: Nationstar / Auction.com Scheme!

by Thomas Heimann on March 21, 2013

For a direct link to this video and article, please click here.

This video deals with a new – and frankly very alarming – practice put in place by Nationstar on their loans under consideration for short sale.

I urge you to address this iwth your Broker, your Board and – if you have available, in house legal council. Failure to proceed with caution could result in huge liabilities for yourself and your customer/client.

Please also see the following document which I am referencing in this video:
http://gsstitle.com/wp-content/uploads/2013/03/Nationstar-Email.pdf

As always, thank you for taking the time and please visit my blog and follow me/like me on Twitter and Facebook for more content like this:

Blog: http://www.thomasheimann.com
FB:    http://www.facebook.com/shortsalemastery
Twitter: http://www.twitter.com/mrshortsales

To Your Success!

Thomas Heimann
“Mr. Shortsales”

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Short Sales – Resale Deed Restrictions

by Thomas Heimann on February 3, 2013

For a direct link to this post and video, please click here.

This Video is in follow up to my last posting about lenders beginning to require resale restrictions as part of their short sale approvals.

If you are working short sales you absolutely must have this information, short video will get you up to date.

To Your Success!

Thomas Heimann
“Mr. Shortsales”

Follow me online…
Facebook: http://www.facebook.com/shortsalemastery
Twitter: http://www.twitter.com/mrshortsales
YouTube: http://www.youtube.com/mrshortsales

 

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The end of Short Sale Flips / Resales?

January 17, 2013

On November 1, 2012, short sale guidelines from the Federal Housing Finance Agency (FHFA) became effective. These guidelines call for a restriction to be inserted in the deed conveying the property. The restriction is as follows: Grantee herein is prohibited from conveying captioned property for any sales price for a period of 30 days from [...]

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Using Seller Credits in Short Sales

October 18, 2012

For a direct link to this post and video click here. Seller contributions towards buyer’s closing costs can be one of the most effective ‘strategic tools’ you can use to ensure that a short sale transaction will succeed. This short video will give you some examples – and ideas – on how to look at [...]

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Bankruptcy and Foreclosure – Warning

April 4, 2012

For a direct link to this post and video, please click here. A disturbing new trend is emerging that puts home owners who file for bankruptcy in an attempt to slow down foreclosure in a position whereby they may actually end up losing their home while in bankruptcy. You don’t want to miss this short [...]

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Short Sale Tip – Sellers who are current on their mortgage

March 13, 2012

For a direct link to this post and video, please click here. To Your Success! Thomas Heimann (a/k/a Mr. Shortsales)

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FREE 4 Part Short Sale Webinar Series will begin this Thursday

February 1, 2012

If you are a real estate professional dealing with short sales you understand that short sales can often present you with difficult challenges.   2012 will without a doubt be known as as the “Year of Short Sales” and it is critical that as a real estate professional you are familiar with the most common challenges [...]

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2012 Goal Setting Guide

January 2, 2012

I just completed my annual goal setting workshop, using the Tony Robbins Goal Setting Workshop that I have been using now for several years. The process is amazing and I highly recommend it to anyone. Click the following link to download your own “Ultimate Goal Setting Workshop”: http://www.thomasheimann.com/wp-content/uploads/2012/01/2012-Goal-Setting-Guide.pdf Enjoy! To Your Success! Thomas Heimann  

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How to properly take a short sale listing

November 28, 2011

For a direct link to this post and video, please click here. Whether or not your shortsale listing will be a success, i.e. whether it will sell and close or not, is determined to a large degree at the time when you take the listing. This webinar covers properly taking short sale listings from A [...]

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Understanding Short Sale Pre-Approvals

October 25, 2011

For a direct link to this video & article, please click here. This webinar presentation deals with short sale approvals and pre-approvals. What kind of approvals are there? Is there such a thing as a true short sale pre-approval? Why are most MLS listings advertising pre-approved short sales misleading? Whether you are a listing agent [...]

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