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Short Sales; Dispelling the Myth

The Following Article is from the Fall 2011 Newsletter Although the rest of the country has been swimming in short sale transactions since the mortgage fiasco and subsequent economic downturn in 2008, the Westside has, for the most part, avoided the fun.  Recently, I have been seeing more of these short sales on our turf, and I expect that we will continue to see… Continue Reading Short Sales; Dispelling the Myth

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TIMING IS EVERYTHING

The Following Article is from the Winter 2010 Newsletter “When would be a good time to sell my home?”  We have gotten many calls over the last few years about “timing the market.”  In stock market parlance, it is referred to as “catching the falling knife!”  As they say, “Prediction is difficult especially about the future.”  The following is an overview perspective of what… Continue Reading TIMING IS EVERYTHING

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Forced Mortgage Repurchases

The Following Article is from the Winter 2010 Newsletter Forced repurchases of soured U.S. mortgages may be the biggest issue facing banks, even as errors in the foreclosure process draw attention to other industry risks.  Future losses from repurchases of home loans whose quality failed to meet sellers’ promises will likely total $55 billion to $120 billion for the next five years accordingly to… Continue Reading Forced Mortgage Repurchases

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