Archive for November, 2009

30 Nov

One-Fourth of Borrowers Are Underwater

Daily Real Estate News  |  November 24, 2009  |   addthis_pub = \’rmostaff\’; addthis_logo = \’http://www.addthis.com/images/yourlogo.png\’; addthis_logo_background = \’EFEFFF\’; addthis_logo_color = \’666699\’; addthis_brand = \’\'; addthis_options [...]

24 Nov

Loan Mediation: Your Right to Fight in Nevada

Yesterday, I was fortunate to witness first hand the mediation process with a client of mine. The 2009 Nevada Foreclosure Mediation Program is the first in the nation which forces the banks to communicate with the home owners about how they can retain possession via a loan modification  or other types of instruments that are [...]

09 Nov

Walk Away or Pony Up?

 It’s getting pretty obvious now that the Law Schools are writing papers on the “Social Management” of how the banking systems are still controlling the decisions people are making about maintaining massive mortgage debt vs bailing on the debt. This is a very insightful article  and paper written by Brent T. White. Lots to think about. [...]

09 Nov

Pending Home Sales Continue to Rise

Daily Real Estate News  |  November 2, 2009  | 

Pending home sales rose again, marking eight consecutive monthly gains – the longest streak since measurement began in 2001, according to the National Association of REALTORS®.
The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of 103.8 in [...]