In real estate sales, location is everything, not just for buyers, but for agents as well. We examine the best cities for real estate agents are, and how theese agents can remain competitive in a shifting world.
Read More »Your Pre-Foreclosure Crash Course
In this exclusive webinar presented by the Five Star Federation of REO Certified Experts (FORCE), dive into the best practices for loan modifications, short sales, initial occupancy inspections, squatters, cash-for-keys, deed-in-lieu, evictions, and lockouts. Your host is Jim Hastings, FORCE Advisory ...
Read More »Putting Abandoned Properties Under the Spotlight
Ever since the Washington Supreme Court’s decision in the Jordan v. NationStar case, loan servicers have been on edge about securing abandoned property. House Bill 2057 seeks to address this, and several other pressing issues. Most of the bill's sections ...
Read More »A New Tactic to Fight Zombie Homes
This June, Washington state will implement a new law (HB2057) designed to combat abandoned zombie properties and streamline interactions between government and lenders when it comes to preventing urban blight as the properties fall into disrepair. As reported by the ...
Read More »Single-Family Rental: Opportunities and Growth
Beth O’Brien is President and CEO of CoreVest Finance, a private lender to residential real estate investors. Under O’Brien’s leadership, CoreVest has closed $3 billion in loans in the investor loan market and has financed more than 20,000 investment properties. ...
Read More »Fight Against Urban Blight Finds Unexpected Ally
The topic of zombie homes comes up often here on DS News, ranging from fast-track foreclosure legislation to rules about clearboarding and plywood bans. In February, New York Governor Andrew Cuomo announced that the state was buying up distressed mortgages ...
Read More »How REO Sales Impact Home Prices
With markets across the country suffering from pronounced inventory shortages, it would seem that anything that puts more homes on the market would be a good thing. A new report by Pro Teck Valuation Services found delved into that thesis, ...
Read More »Low-Income Rental Housing Shortages Happening Nationwide
The nationwide shortage of housing inventory is a daily topic in the industry in 2018, with accelerating home prices combining with inventory shortfalls to make it very difficult for many potential homebuyers to find an actual home to purchase. The ...
Read More »FHFA Examines the Appraisals Process
The FHFA has released a new paper, authored by Jessica Shui and Shriya Murthy, that examines how appraisals conducted by appraisal management companies compare to those conducted by lenders themselves. What’s the verdict? According to the FHFA paper, “the results indicate ...
Read More »Improving FHA Foreclosure Processes
A new brief released by the Urban Institute explores ways to improve Federal Housing Administration (FHA) foreclosure timelines and conveyance processes so as to drive down costs and make things more efficient. The brief is the third in a series ...
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