Short Sales

Short Sales – Keeping Current Matters

11/4/2021 10:30:14 AM +00:00

Why a Wave of Foreclosures Is Not on the Way | Keeping Current Matters
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago.

9/8/2021 10:30:58 AM +00:00

Understand Your Options To Avoid Foreclosure | Keeping Current Matters
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility.

7/28/2021 10:30:27 AM +00:00

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures | Keeping Current Matters
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago.

1/13/2021 11:30:42 AM +00:00

Will Forbearance Plans Lead to a Tsunami of Foreclosures? | Keeping Current Matters
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments.

6/11/2013 11:00:21 AM +00:00

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 […]

2/26/2013 12:00:55 PM +00:00

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 […]

1/25/2013 12:00:03 PM +00:00

InfoGraphic

1/9/2013 12:00:20 PM +00:00

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 […]

12/4/2012 12:00:33 PM +00:00

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 […]

10/25/2012 11:00:41 AM +00:00

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 […]