Showing posts with label Orange County Loan Modifications. Show all posts
Showing posts with label Orange County Loan Modifications. Show all posts

Tuesday, August 11, 2009

The Skinny on Loan Modifications

This is a great article that helped me to understand the current market. Here I am surrounded by potential properties for my clients and they are being put into HOLD DO NOT SHOW status in the MLS. The owners are attempting to get a loan mod and don't wish to entertain offers. Let me know if you are seeing the same scenarios or anything related, I am happy to hear more and learn more!

http://www.inman.com/buyers-sellers/columnists/berniceross/loan-mod-may-be-better-selling?page=0%2C0

Loan mod may be better than selling
Tactic gives owners time to recoup market value
BY BERNICE ROSS, TUESDAY, AUGUST 11, 2009.
Inman News