Trent Chapman of Short Sale Genius talks about the amendment passed by the United States Senate that allows for 3 more months for buyers to close transactions initiated prior to April 30th. If it passes the House of Representatives, as anticipated, this could be a huge relief to buyers who may not be able to […]
As many of you have heard, there has been some ground breaking news out of UT regarding BofA. Utah State law requires that a lender be registered with the State and have a physical location in the State where consumers can speak face to face with a bank representative. Since Bank of America has no […]
httpv://www.youtube.com/watch?v=ncdaULFeHU0 I wanted to answer questions that came in from Short Sale Genius Gold Members…for everyone. It’s really important that you understand the truth about HAFA. It’s a great marketing opportunity for sure, but to be 100% honest, you need to know the reality that the program faces.
Many people email me and ask how HAFA will effect the market. I know many ‘experts’ claim it’s a game changer, but I don’t see that. Government encouraged loan modifications have been a huge failure. The structure of HAFA is pointless for MOST short sales. I’m calling it now…we won’t see this make a difference […]