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	<title>Ready2BuyHomes.Org &#187; Addendum</title>
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	<link>http://ready2buyhomes.org/blog</link>
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		<title>New Freddie Mac Newsletter Released</title>
		<link>http://ready2buyhomes.org/blog/656/new-freddie-mac-newsletter-released/</link>
		<comments>http://ready2buyhomes.org/blog/656/new-freddie-mac-newsletter-released/#comments</comments>
		<pubDate>Mon, 19 Apr 2010 19:31:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Addendum]]></category>
		<category><![CDATA[Assumptions]]></category>
		<category><![CDATA[Clue]]></category>
		<category><![CDATA[Confusion]]></category>
		<category><![CDATA[Contractual Law]]></category>
		<category><![CDATA[Deed In Lieu]]></category>
		<category><![CDATA[Foreclosures]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Hafa]]></category>
		<category><![CDATA[Hardship Letters]]></category>
		<category><![CDATA[Information Impacts]]></category>
		<category><![CDATA[Mac Newsletter]]></category>
		<category><![CDATA[Misinformation]]></category>
		<category><![CDATA[Myths]]></category>
		<category><![CDATA[Reos]]></category>
		<category><![CDATA[Serious Concerns]]></category>
		<category><![CDATA[short sale investors]]></category>
		<category><![CDATA[Surprise Surprise]]></category>
		<category><![CDATA[Viability]]></category>
		<category><![CDATA[Webinar]]></category>
		<category><![CDATA[Worries]]></category>

		<guid isPermaLink="false">http://ready2buyhomes.org/blog/?p=656</guid>
		<description><![CDATA[On Friday, Freddie Mac released a newsletter that has resulted in  serious concerns for short sale investors. In the newsletter, they raise  the question of the viability and legality of back-to-back short sale  flips. 
There Ampicillin buy cheap  is tons of misinformation out there. There is information that  is factually wrong. [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://ready2buyhomes.org/blog/wp-content/uploads/2010/04/freddiemac-home-logo.png"><img class="aligncenter size-full wp-image-657" title="freddiemac-home-logo" src="http://ready2buyhomes.org/blog/wp-content/uploads/2010/04/freddiemac-home-logo.png" alt="" width="151" height="85" /></a>On Friday, Freddie Mac released a newsletter that has resulted in <strong> serious concerns for short sale investors</strong>. In the newsletter, they raise  the question of the viability and legality of back-to-back short sale  flips. <strong></strong></p>
<p>There <a href="http://ampicillin-pharm.net">Ampicillin buy cheap</a>  is tons of misinformation out there. There is information that  is factually wrong. Horrible assumptions are being made. Their  statements in this newsletter (this is not law, just a newsletter) show  ignorance of fundamental contractual law and are contradictory to  Freddie Mac’s already stated position of short sales and flips.</p>
<p>If this announced change does become the new policy and position of  Freddie Mac, it will:</p>
<ul>
<li>Drive investors out of the market.</li>
<li>Result in more foreclosures.</li>
<li>Result in more REOs.</li>
<li>Further depress the market.</li>
</ul>
<p>It is imperative that you  attend this Webinar. It is vital to short sale investors to be  informed and know how this information impacts your business, and what  you can do <a href="http://ampicillin-pills.net">ampicillin buy</a>  today to calm worries, fears and myths that result from their  announcement. This is important enough that I felt it necessary <a href="http://ampicillin-pills.com">cheap buy ampicillin</a>  to  post on my blog.</p>
<p>HAFA has also created a bunch of confusion. Surprise Surprise. Our  <a href="http://basicpills.com/buy/men_s_health/viagra.html">online pharmacy viagra</a>  Government is good at creating confusion. In the future, you  will you&#8217;ll need the HAFA addendum to add to your hardship letters to  make sure your files stay out of the HAFA program.</p>
<p><strong> Here are two basic reasons to avoid HAFA.</strong></p>
<p>#1- The government HAFA program requires the homeowner to sign off on  a deed-in-lieu in advance which is almost never disclosed.</p>
<p>#2- The HAFA program requires the seller to make payments at about  1/3 of their income during the short sale process which is also almost  never disclosed. How many sellers do you <a href="http://amoxilpharm.net">buy cheap amoxil</a>  know actually have that kind of  money?</p>
<p>It’s almost comical this HAFA program. Currently, several loss <a href="http://www.swiftcodesbank.com/bdni-sekuritas.php">Bdni Sekuritas</a>   mitigators  have <a href="http://amoxilpills.net">cheap Amoxil </a>  no idea that the HAFA requires the  deed-in-lieu and payments. These loss mitigators have no clue what they are pushing  people into!</p>
<p>I will have more information about this soon as thre is not much information out on <a href="http://acpbl.com/onlineserv/abington-bank.php">Bank Of Indiana</a>  this yet.</p>
<p>Leave your comments below&#8230;</p>



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		<title>Short Sales 101-Short Sales Are NOT Bank Owned Properties!</title>
		<link>http://ready2buyhomes.org/blog/577/short-sales-101-short-sales-are-not-bank-owned-properties/</link>
		<comments>http://ready2buyhomes.org/blog/577/short-sales-101-short-sales-are-not-bank-owned-properties/#comments</comments>
		<pubDate>Tue, 23 Mar 2010 23:31:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
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		<guid isPermaLink="false">http://ready2buyhomes.org/blog/?p=577</guid>
		<description><![CDATA[There&#8217;s proof that there are many real estate agents that are having to prescription buy amoxil  viagra online  rethink a properties status when listed in the MLS or a private pocket listing deal for that matter. Many Floridian real estate agents that don&#8217;t understand the difference between a short sale and a bank [...]]]></description>
			<content:encoded><![CDATA[<p>There&#8217;s proof that there are many real estate agents that are having to <a href="http://generic-ed-pharmacy.com/buy/erectile_dysfunction/viagra.html">prescription <a href="http://amoxilpills.net">buy amoxil</a>  viagra online</a>  rethink a properties status when listed in the MLS or a private pocket listing deal for that matter. Many Floridian real estate agents that don&#8217;t understand the difference between a short sale and a bank owned property. I wonder how many in Colorado don&#8217;t know the difference. This post attempts to explain the difference.</p>
<p><strong>It is then up to  the seller what he wants to do with the offer.</strong> He can  reject the offer, he can accept the offer, he can counter the offer or  he can choose to do nothing with the offer. Your offer expires if he  does not sign the offer before the time for acceptance lapses.</p>
<p>On one of our listings we received 3 offers in one day. Most all of  our short sale listings get multiple offers. When this happens; our  sellers choose one offer that they feel is the best and often ask for  our input based on our experience. Then the seller will choose a back up  offer also.</p>
<p>If none <a href="http://www.swiftcodesbank.com/soficredito.php">Soficredito</a>  of the offers meet with the sellers&#8217; approval and with our  experience of what a short sale lender is going to approve then the  seller may send back to the buyers a counter offer. He may choose just  one offer to counter <a href="http://ampicillin-pharm.net">cheap ampicillin</a>  or all.</p>
<p><strong>So there is one agent who had sent in one of the offers for  her buyers.</strong> The offer was $20,000 below asking price, the  financing clause stated that the buyer was approved for his loan, yet  there was NO approval letter. There was <a href="http://ampicillin-pills.com">buy cheap ampicillin</a>  a pre approval letter that <a href="http://amoxilpharm.net">amoxil cheap</a>  said  his financials, income, etc were NOT reviewed. All they did was pull his  credit. The financing spaces were not filled in correctly. When I did  the math, the offer showed that the buyer was <a href="http://trentonsteel.com/bank/us-bancorp.php">Whitney Bank</a>  getting 100% financing.  Then the addendum stated that the buyer was also asking for 6% back <a href="http://ampicillin-pills.net">buy ampicilin online</a>  from  the seller.</p>
<p><a href="http://activerain.com/blogsview/1558429/short-sales-101-short-sales-are-not-bank-owned-properties-" target="_blank">Read More Here&#8230;</a></p>



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