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More tools for homeowners!

Posted on 7 Jan, 2011 by admin

Distressed Homeowners, you’ve officially been recognized by the federal government. They now realize that there is a possibility that you might be facing foreclosure and are being proactive in giving you tools to assist in your process. Fannie Mae recently launched a WaysHome website (http://www.knowyouroptions.com/ways-home) allowing you to learn about your options in avoiding foreclosure. Their website features options for staying in your home, options if you want to

What do you get when you cross a Lawyer and a Real Estate Brokerage?

Posted on 13 Oct, 2010 by admin

You get crucial information that you can’t pass up. We had such an overwhelming response to our latest webinar, we decided we needed to post the replay so others might have a chance to view it in its entirety. The biggest piece of the equation when you discuss foreclosures, short sales, bankruptcy, and tax and legal issues surrounding these topics is the CORRECT information. Green Street Realty is fortunate

Listening to the media? What does it all mean?

Posted on 7 Oct, 2010 by admin

How does all the foreclosure news in the media affect those of us in Arizona? It really doesn’t. Two terms you will need to know when deciding if this affects you as an Arizona homeowner: Judicial foreclosure, Trustee Sale foreclosure. Arizona uses a Trustee Sale for their method of the foreclosure process. When a property is auctioned off, it’s done through trustee sale. The majority of the foreclosure buzz

National Stats / Local Stats, Don’t be a Statistic

Posted on 17 Sep, 2010 by admin

National foreclosure activity rose again in August, just over 4%, and Bank reposessions increased 3% from the month before, which is an all-time high. According to this CNBC article and RealtyTrac, “There is a buildup in delinquent loans that are not in foreclosure, which means that banks and lenders are slowing the process to avoid a drop in home prices. It’s a managed slowdown more than anything else.” http://www.cnbc.com/id/39192246/

Next Stop…Debt Free

Posted on 8 Sep, 2010 by admin

I had a conversation recently with a friend of mine regarding his property situation to try and gain perspective on his course of action. He purchased a few properties a while ago, was holding them as investment properties, and had been doing quite well with keeping his tenants in place. As leases ran out, and had some difficulty finding new tenants at a price point that would cover the

Arizona Short Sale Guide

Posted on 26 Aug, 2010 by admin

There are tools everywhere on the internet, and with quick searches, you can bring up relevant information for almost any category. First question, what makes it relevant? First and foremost, you have to consider the source. There are many companies in the valley that consider themselves short sale specialists and will tell you all day long that they are well versed and highly experienced in getting short sales successfully

Banks Repossess US homes at a record pace

Posted on 19 Jul, 2010 by admin

If you were running the US Government, and had the choice on how to resuscitate the Real Estate housing economy, how would you do it? Would your answer be 1) to have the lenders repossess homes, that will eventually go back on the market at a slashed price in order to sell them fast, or 2) would you force the lenders to take a reasonable offer at or near