As everyone knows, short sales can be a pain. Patience is needed as a bank can draw out the process and provide vague unclear answers as to why the process is taking several months. Now, Freddie Mac and Fannie Mae take a step forward to shorten the short sale process.
Starting in June of 2012, [...]
Continue Reading →Thank you to everyone who voted! The Buettner Team is happy to announce that we won 3rd place for Top Real Estate Agent in 2012!
Continue Reading →This site and my short sale articles are for you, the consumer. At the end of the day, I am here to answer your Arizona short sale questions. I am here as an expert and as a resource. I can talk about short sales, lenders, and real estate all day long. But, on the same [...]
Continue Reading →Here is a great video on the mortgage tax debt relief act which expires at the end of 2012. Please remember all of the California Specific Laws don’t apply in Arizona. All in all, still a very informative video.
Thanks for reading (or watching)
Sincerely,
Jeff Buettner
Continue Reading →The Mortgage Forgiveness Debt Relief Act has been around since 2007. Believe it or not, it has also been utilized and talked about since 2007. The Mortgage Forgiveness Debt Relief Act has helped a lot of homeowners who were faced with a 1099 after going through a short sale or foreclosure.
Well, there is some [...]
Continue Reading →If you need to sell your home, now is the time to do it. Things have been going crazy this week. We put a listing on the market and within 6 hours, we had a handful of contracts. It is definitely a seller’s market right now! Who knows how long it will stay this hot. [...]
Continue Reading →Sometimes, actually pretty frequently, I think about YOU. You are the consumer. You are my client. It is your thoughts, opinions, and ideas that matter to me. At the end of the day, you are the person I am trying to help or want to help.
Today it hit me. What do you want to [...]
Continue Reading →It’s unfortunate as a percentage of the phone calls I receive are from desperate homeowners. They aren’t desperate because they are nearing foreclosure but because they aren’t sure how to proceed forward from their particular position. They are lost or confused and their short sale agent has mislead them in one way or another.
This [...]
Continue Reading →Take a look at this great video talking about strategic default, short sales, and foreclosure.
Continue Reading →I speak with a handful of homeowners every week who are facing foreclosure or who are considering a short sale. There is a common misconception in regard to short sales/foreclosure. The general public feels the banks HAVE to do this or are required to GIVE that. At the end of the day, that is just [...]
Continue Reading →There has been a ton of talk about the new HARP 2.0 program. Please remember that not all mortgage servicers are participating. You have to check with your mortgage company to see if they are.
You should also contact Fannie Mae or Freddie Mac for help determining whether you qualify or not.
Program end [...]
Continue Reading →What are the qualifications for HARP?
Great question!
You may be eligible for HARP if you meet all of the following criteria:
The mortgage must be owned or guaranteed by Freddie Mac or Fannie Mae. The mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009. The mortgage [...]
Continue Reading →During the short sale process, the short sale lender will always want to try and decipher what “market value” is. They do this to determine whether they will net more money with a short sale or a foreclosure. They essentailly use this market value number as a basis for all of their calculations.
So, how [...]
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