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Category Archives: Short Sale
Selling your house in Des Moines? Where are the buyers at!?
Des Moines housing market statistics show a decline in home buyer’s in 2010. We here at S & G Real Estate are still actively buying. Continue reading
Fannie Mae Cracking Down on Strategic Defaults
Fannie Mae cracking down on Strategic Defaults Continue reading
Rising number of Short Sales and Foreclosures in Des Moines?
Short Sales on the Rise in Des Moines, Iowa. Continue reading
Bank of America rumored to be planning to dump as many as six times as many foreclosures into the market as were processed in 2009!
Bank of America may be posed to dispose of inventory in 2010 Continue reading
H.A.M.P. Updates for Short Sales in Des Moines
Update on the Directive issued about HAFA (Home Affordable Foreclosure Alternatives Program) under President Obama’s HAMP plan. Continue reading
Posted in Des Moines, Foreclosure, Short Sale, news
Tagged Short Sale Des Moines Stop Foreclosure HAMP HAFA
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Tax Consequences of a Short Sale: Dealing with a 1099C
When a bank forgives a debt greater than $600, like in a short sale, they are required to issue a 1099C to the Homeowner. This article talks about avoiding the tax hit by following some simple steps. Continue reading
PowerPoint for Realtors working Short Sales in Des Moines
Here is a presentation on power point with nationwide foreclosure statistics and information for realtors and homeowners alike. Continue reading
Posted in Des Moines, Foreclosure, Short Sale
Tagged Realtor Short Sale Des Moines Foreclosure
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Thank You Letter from a Client
This is a thank you letter from a lady that we recently helped out by stopping her foreclosure and buying her house. Continue reading
Help! My Rental in Des Moines is Being Foreclosed on!
What to do when the house you are renting in Iowa is getting foreclosed on. Continue reading
Posted in Des Moines, Foreclosure, Short Sale
Tagged Rental Property Tenants Rights Obama Helping Families Save Their Homes Act SEctions 701 702 703 704 Protecting Tenants at Foreclosure Act of 2009, Short Sale Des Moines Iowa Foreclosure Paperwork Loss Mitigation foreclosures how to stop foreclosure missed payments default
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Treasury Department to Encourage Short Sales
The following article is from Kate Berry, columnist for American Banker Submit The Treasury Department plans to announce financial incentives for servicers to pursue short sales and deeds in lieu of foreclosure for troubled homeowners who do not qualify for … Continue reading
Banks Find Ways to profit from dragging out Foreclosures
Commenting on a NY Times article about banks profitting from dragging out foreclosures Continue reading
The problems with Loan Modifications
The ups and downs of Loan Modifications Continue reading
High End Foreclosures in Des Moines
The Wall Street Journal recently ran the following article about high end foreclosures. While subprime mortgages sparked the first round of housing problems two years ago, now “troubles are lurking further up the food chain,” says Joshua Shapiro, chief U.S. … Continue reading