Links to Short Sale Stories Around the Country

This is a January 10th, 2010 article from DSNews on short sales.

Stuart Pack and Robert Nagel provided this article on options a homeowner has when upside down in their home. Good food for thought here.

This article talks about how some people can qualify for a new loan even if they had a short sale.

We've provided a short video discussing the proposed changes to short sale transaction guide-lines lender must follow when negotiating a short sale with a home seller.

The Wall Street Journal blog offers an opinion piece on the upcoming changes in short sale policy and what it may mean to home buyers and sellers involved in the short sale process.

Throughout our site we keep talking about the importance of speaking with an attorney and/or CPA when selling your home by short sale. Our friend Brandon Brittingham, an east coast attorney, posted a good article on the subject. Be aware he is not from Arizona and the exact laws vary State to State. However, he does offer some good advise and ideas.

Throughout our site we keep talking about the importance of speaking with an attorney and/or CPA when selling your home by short sale. Our friend Brandon Brittingham, an east coast Realtor, posted a good article on the subject. Be aware he is not from Arizona and the exact laws vary State to State. However, he does offer some good advise and ideas.

Below is a link to a KPHO, News 5 article about new short sale rules that went into effect on April 5, 2010. It's a pretty honest article and mentions the problem we see... the rules have no teeth and the banks do not have to follow the new rules. A worthwhile read none the less.

Just in case you think you are in the minority as you ponder a short sale, this article from Northern California confirms this is a national problem. It talks about the need for agents to do their home work and get creative when it comes to short sales. that's why the Urban Team has taken dosens of hours of course work and are certified short sale specialists, AKA SFR certified.

Here is an article we wrote answering the question of why it can take so long to negotiate a short sale. Here we discuss just three of the many variables.

This is an article on some of the problems associated with short sales and no document loans.

This is a great article about short sales from the buyer's perspective. We thought the info was spot on.

Lenders are often not to be trusted. Our firneds at Thomson Conant, a Phoenix law firm, have provided examples of poor policy and behavior. In other words... be careful out there.

Here is an article from the legal team at Thomson Conant in Pheonix Arizona talking about 1099's and short sales.

This is a good basic article providing information to people considering their options, including a short sale.

A new feature at Short-Sale-Phoenix.com is our monthly short sale market updates. We have teamed with Fidelity Title and the Cromford Report to provide you with the latest statistics about the Phoenix short sale market.

Just as the title decribes, this article describes a real world example of what lenders and PMI companies will do.

Legislation has been suggested that would require lenders to respond to short sale offers withing 45 days. We support this and hope you will too.

Wells Fargo is putting restrictions on the number of Trustee Sale extensions they will approve. Read about this change here.

Take Charge America offer counseling for home owners looking at their options such as loan modification and short sale.

The LA Times had an interesting article about why short sales take so long and why they are drawn out. As anyone who works lots of short sale knows, they are anything but short. Hope you enjoy the read.