Real Estate Junkie Articles

Homeowner Associations Increase Short Sale Aggravations!

When working with a Seller on purchasing a short sale it is very important to know the terms and conditions that the new buyer must uphold with the Homeowners Associations.  Recently, we started working on a short sale wherein the Seller owed the Homeowner Association a fee of $457.00 per month and another Homeowner Association […]

What makes or breaks a short sale?

Many Realtors and Investors really don’t know the secrets to a successful short sale.  They think just because they make an offer close to market value that their short sale should go thru!  Obviously, that is not correct.  The secret to a successful short sale consists of several things including 1) listing price and 2) […]

Nationstar and Auction.com Take Advantage of Short Sale Sellers!

Recently we were working a short sale through Nationstar who requested that the Seller sign a document allowing Nationstar’s affiliate, Auction.com, to sell our short sale.  Yes, you heard me correctly!  We already had a buyer, submitted all the financials to Lender, and had the BPO (Broker Price Opinion) however, they hadn’t countered the buyer […]

Real Estate Investor Deal Profits $68,000 because of her MENTOR!

Don’t question having a Mentor…..JUST HAVE ONE! I remember when I decided to quit my job as a legal secretary and become a millionaire in real estate!  I started with Carleton Sheets’ course.  Once it arrived, I was to read it and take action.  Yeah, right!  I found that between my J.O.B. (Just Over Broke) […]