Short Sales

Short Sales – Keeping Current Matters

6/11/2013 4:00:21 AM

RealtyTrac recently released their Q1 2013 U.S. Foreclosure & Short Sales Report™. One of the more interesting revelations in the report was the decrease in the number of short sales being completed. According to the report, properties not in foreclosure that sold as short sales in the first quarter accounted for an estimated 15% of […]

The post Short Sales: Are the Numbers Beginning to Slide? appeared first on Keeping Current Matters.

2/26/2013 4:00:55 AM

With home values falling dramatically from 2006 boom prices, many homeowners have found themselves in what is called a ‘negative equity’ or ‘underwater’ situation. This means the value of their home is currently less than the mortgage amount on that home. Many of these homeowners have been ‘locked’ into their houses because they were unable […]

The post Fewer Americans in ‘Underwater’ Situation appeared first on Keeping Current Matters.

1/9/2013 4:00:20 AM

Many analysts differ on what impact shadow inventory will have on house values in 2013. Some warn that these distressed properties will still play a major role in limiting appreciation. Others believe that the increases in buyer demand will more than offset the increase in supply. The only thing on which everyone agrees is that […]

The post Shadow Inventory and Its Impact on Prices appeared first on Keeping Current Matters.

12/4/2012 4:00:33 AM

The Mortgage Forgiveness Debt Relief Act of 2007 is set to expire at the end of the year. The act allows taxpayers to be excluded from paying taxes on forgiven debt in certain situations. As their website explains: “The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of […]

The post Will the Mortgage Forgiveness Act Be Extended? appeared first on Keeping Current Matters.

10/25/2012 4:00:41 AM

For Agents’ Eyes Only… Each Thursday we will be posting a blog to help real estate professionals understand how they can better assist their buyers and sellers navigate the current real estate market. Hope you find the information helpful. – The KCM Crew As an agent, it is crucially important that we ‘have the heart […]

The post Educate and Care: Real Estate Professionalism Defined appeared first on Keeping Current Matters.

10/9/2012 4:00:48 AM

CoreLogic, in their most recent foreclosure report, revealed that approximately 1.3 million homes, or 3.2 percent of all homes with a mortgage, were in the national foreclosure inventory as of August 2012 compared to 1.4 million, or 3.4 percent, in August 2011. Month-over-month, the national foreclosure inventory was unchanged from July 2012 to August 2012. […]

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10/3/2012 4:00:13 AM

As the year winds down, we are getting more and more inquiries about the Mortgage Forgiveness Debt Relief Act of 2007 and whether or not it will be extended past its original expiration date of December 31, 2012. This is important as people who are selling their home through a short sale may be faced […]

The post The Mortgage Forgiveness Act: Will It Be Extended? appeared first on Keeping Current Matters.

9/5/2012 4:00:31 AM

The KCM CrewWe believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!

The post How Is National Mortgage Settlement $ Being Spent? appeared first on Keeping Current Matters.

8/3/2012 4:00:48 AM

There are some things that are almost impossible to explain without a graphic or visual. With complex issues, the value of using visuals cannot be over-exaggerated. A study measuring the importance of using visuals by the University of Minnesota concluded: Presentations using visual aids were found to be 43% more persuasive than unaided presentations. There are […]

The post Is a Picture Really Worth a Thousand Words? appeared first on Keeping Current Matters.