Top Reasons Why Short Sales Are Ridiculo...

Short sales used to be a quick and easy demon. They used to only require a few hours and a couple days of calls. Now a days that is not the case. Short sales are just ridiculous most taking an average of a month to two months to close. And here are the main reasons why ! Banks were not prepared for the rolling snowball that is short sales. The majority of short sale negotiators have over 200 files each. Most banks are revising there system to process short sales to try and make the process faster. This in turn has slowed the process down even more. Communication between...

Real Estate Defintion – Real Estat...

I thought it would be interesting to define real estate for everyone. Give everyone a technical definition for real estate just in case some didn’t know. Real estate is by far one of the most to the point words you can look up in Real Estate. Real Estate according to dictionary.com is plain and simple, real property. when You click on the link for real property it gives you a slightly more detailed answer. It calls real property an estate or property consisting of lands and of all appurtenances to lands, as buildings, crops, or mineral rights. So my conclusion for...

Why has nobody told me about the greates...

Ok, maybe its not the absolute greatest invention ever but it is definitely up there on the top. What am I talking about? PODCASTS!!! They are spectacular and I just discovered them last night. I had always heard the name being used and occasionally heard someone talking about them but I never truly new what they were. What are they? They are short little radio like broadcasts that you can digitally download. And the best part…. They are completely free. Thats right I said it. Podcasts are free! You can download them straight off of Itunes. Just in the past 12 hours...

Random Non-Real Estate Fact!...

Safeway owns 2,100 tractor-trailers, 38 freestanding warehouses, 25 distribution warehouses, 19 fluid milk plants, 16 produce packaging plants, 16 bakeries, 16 ice cream plants, 12 meat cutting and aging plants, 6 egg candling plants, 4 soft drink bottling plants, 3 meat processing plants, 3 coffee roasting plants, 2 jam and jelly plants, an edible oil refinery, a soap plant, and a dressing and salad oil plant. - Jeff Buettner Real Estate Wiz...

AHHHHHHHHHHHHH!!!!...

Sometimes being a short sale negotiator can be so frustrating! I have been on hold with a bank about a short sale for the past 45 minutes and still no answer. I guess that just comes with the territory. No worries here. Have a spectacular day. =) - Jeff Buettner Real Estate Wiz Kid I would like to talk to a Arizona Realtor about selling my house…...

Real Estate Definition – Trustee&#...

A foreclosure sale conducted by a trustee under the stipulations of a Deed of Trust. Upon default of a mortgage, the trustee is authorized to foreclosure the mortgage and put the property up for a trustee’s sale (can also be called a foreclosure auction). The proceeds of the sale are distributed by the trustee according to the priorities listed in the deed of trust. - Jeff Buettner Real Estate Wiz Kid The bank is going to foreclose! What do I...

New FHA Bill Passed To Help Homeowners O...

So as of the past week or so a bill has been passed to help homeowners from going into foreclosure. The bill is set to help out close to 400,000 people. I know, I know, only 400,000 people but its a start for this real estate market right? There are a few things in the fine print obviously. So this new bill that has been passed will allow homeowners to refinance their mortgage with a lower payment. The refinance will shift the risk from that of the lender to the FHA. The benefit of the lender is the continuation of the loan while the benefit to the homeowner is the...

News Report...

I was just flipping through the channels and saw something interesting said about real estate. According to a study done 24% of the American public is currently afraid of going into foreclosure. Now compared to the other numbers on the study, some of them reaching high 70’s, this doesn’t seem so bad. But THINK ABOUT IT! Of the American public, 24% is afraid of foreclosure. AFRAID OF FORECLOSURE! That is astounding and simply really sad. Please if you know anyone close to foreclosure, have them look into all their options. Have them look into all the...