distressed properties Archive

REO Sales: Success Requires Ramp Up

REO sales are a big part of today’s market and it might make a lot of sense for you to consider getting into this niche. But after talking to two REO specialists in Northern Virgina, it’s clear that this...
January 24, 2012

Foreclosure Freeze: Your Questions Answered

By Stacey Moncrieff, Editor in Chief, REALTOR® Magazine Nearly 800 people attended REALTOR® Magazine’s October 28 webinar regarding recent foreclosure freezes by several national lenders.  Since that session, media attention on the freeze has waned a bit. However, delays and buyer...
November 3, 2010

Shadow Inventory: How Big, What Opportunities?

By Robert Freedman, senior editor, REALTOR® Magazine You often hear talk within real estate about the shadow inventory that looms over markets. These are the homes that are at risk of going into default or are already owned by...
June 29, 2010

On Short Sales, the Rubber Now Meets the Road

By Robert Freedman, Senior Editor, REALTOR® Magazine It’ll be interesting to see what happens on Monday. That’s the day lenders who participate in the federal government’s mortgage modification program are required to participate in its standardized short-sale procedures. All...
April 2, 2010

Getting Foreclosures Back on the Market

By Robert Freedman, senior editor, REALTOR® Magazine Watching the decline of a once vibrant neighborhood is always saddening but its particularly so when the decline is due to a rash of foreclosures that, with a little bit of foresight,...

Will Distressed Sales Slow Tax Credit Deals?

By Robert Freedman, senior editor, REALTOR® Magazine Congress helped keep home sales on solid ground when it extended and expanded the home buyer tax credit late last year. Given the federal budget deficit, you also have to say it...
February 12, 2010

Don’t Miss Short Sale Power Hour

By Stacey Moncrieff, Editor in Chief, REALTOR® Magazine During our Dec. 10 webinar with Bank of America Senior Vice President Dave Sunlin, there were many questions asked about new short-sale tracking software that BOA has rolled out. Essentially,  BOA...
December 22, 2009

Buyer Reps: Helping Everyone Win in a Short Sale

By Robert Freedman, Senior Editor, REALTOR® Magazine There’s a temptation among buyers hoping to land a good deal with a short sale to avoid committing themselves with money and effort until the seller’s lender gives its OK, but that’s...
November 16, 2009

Take the Distress Out of Distressed Properties

By Wendy Cole, Senior Editor, REALTOR® Magazine Foreclosure filings have decreased slightly for the past three  months in a row, according to RealtyTrac. While that’s certainly welcome news from a short-term perspective,  the larger picture concerning distressed properties remains grim....
November 14, 2009

Top Five Daily News Stories Last Week

By Brian Summerfield, Online Editor, REALTOR® Magazine Events at this year’s NAR Midyear Legislative Meetings dominated the Daily News last week:...