Twitter Weekly Updates for 2009-04-19
By Patrick Schutte, Certified Foreclosure Specialist, on April 19th, 2009 
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Print This Post - @azrealproperty Search on: prescott reo lawyer, prescott short sale lawyer, in google. 1 day I got 18 hits on prescott short sale lawyer in reply to azrealproperty #
- Blue Man Group – Rods and Cones – 130 BPM – good climb warm up quick… ♫ http://blip.fm/~486rk #
- BT – Simply Being Loved – 130 BPM – awesome song for boot camp or spinning, running etc. ♫ http://blip.fm/~486xq #
- @BeeRealty Too funny on the DM “buy my crap” messages! Hopefully, they have some spam/ham blocking features… happy selling this week! in reply to BeeRealty #
- @danamundy How does that FSBO prospecting turn out? share your secret with your fellow twits…or at least me
in reply to danamundy # - @PopDaddy Want to know more about short sales…check out my blog: http://tinyurl.com/cpwgmq
PS in reply to PopDaddy # - Sharpening my chalk for the festival in Prescott http://www.mountainartistsguild.org/ChalkFestival/ChalkFestival.htm 4-18 and 4-19 #
- @danamundy thanks for sharing! I’ll check it out in the am…night night! PS #
- @htownlovesyou Try rubbing them on stainless steel…like some spoons etc. to get rid of the garlic smell in reply to htownlovesyou #
- @MoInColumbusOH What they drive you crazy thru the process. See my blog for short sale reality http://bit.ly/Vt8uj in reply to MoInColumbusOH #
- @carsinflagstaff I’m running the full marathon…r u? in reply to carsinflagstaff #
- @Usnoteinvestors Here’s a post on how banks price short sale properties…there is no easy answer…do the research… http://bit.ly/huxJ in reply to Usnoteinvestors #
- @johnmijac Thanks for publishing some good news about 1st home buyers…we’re getting few in Prescott, AZ too! in reply to johnmijac #
- @johnmijac The market has improved here too…here’s a Q1 Summary of Prescott foreclosures and short sales fyi > http://bit.ly/1dbYj in reply to johnmijac #
- I just had someone call me to see if I had any possessed homes for sale in Prescott Valley…I could hardly contain myself… #
- @Realty_Exchange How short was it? How much did the bank eat? Thanks for sharing! in reply to Realty_Exchange #
- @TheresaBLynch re: Meltdown 101 more problems for some homeowners …are load mods creating mortgage slaves? http://bit.ly/BcYyz in reply to TheresaBLynch #
- @tootiepunk Gr8 news on the price increase! Bring some of that love over to Prescott please! PS in reply to tootiepunk #
- @losheriow It’s worth a shot talking to the bank…they may be willing to postpone the auction. short sale tips> http://bit.ly/9rbyA in reply to losheriow #
- @saulcarter 8 days? what bank were you working with…Heaven Security? Prescott AZ RE blog > http://bit.ly/4D8oJP in reply to saulcarter #
- @TheresaBLynch I like your idea on making sure that the client can pay in the long term and that it won’t be upside down 4 10 yrs in reply to TheresaBLynch #
- @miketon944 Go to the county web site and look up the foreclosure notice to see when the auction is scheduled… in reply to miketon944 #
- Bond – Kashmir – 162 BPM – great remake of the Led Zep classic…perfect for cruising up an incline 5:08 ♫ http://blip.fm/~4a6tu #
- @clarksvilletn Nice national search…have you considered a local REO search like this one via IDX > http://bit.ly/lf6l9 in reply to clarksvilletn #
- @mrrhetts I can….search for homes in Prescott here: http://bit.ly/lf6l9 in reply to mrrhetts #
- @trimandan Hi Dan, Patrick here…r u running the Whiskey Row marathon? looking for a running partner? in reply to trimandan #
- @YourWebChick Moving to Prescott? There are some deals to be had right now in buying REOS > http://bit.ly/lf6l9 in reply to YourWebChick #
- @YourWebChick Welcome to Prescott when you get here! PS in reply to YourWebChick #
- @ geraldromine fav method is buying bank-owned properties and then lease purchase them out.http://tinyurl.com/cw6g4f #
- @trimandan Want some spinning tunes? checkout: http://www.spinninginprescott.com I teach at the Prescott Y T TH 1000 come by… ps in reply to trimandan #
- @yalekkim this might help: 10 Tips to Win the REO Multiple Offer Game > http://bit.ly/JlWmE in reply to yalekkim #
- @joiee1 Some info on my blog…good luck… > http://tinyurl.com/cpwgmq in reply to joiee1 #
- @greatfindsjeff Here’s 10 Tips to win the REO multiple offer game…good luck on your sale! > http://bit.ly/JlWmE in reply to greatfindsjeff #
- @davidkrushinsky Thanks for the feedback .my lender wrote it. Heres’ one he wrote on the tax credit http://bit.ly/oxICz in reply to davidkrushinsky #
- @moborisn My blog has lots of info for you on foreclosure > http://tinyurl.com/cpwgmq good luck! in reply to moborisn #
- @ColinStorm Here’s a post I did on short sales vs reos for Prescott AZ area > http://bit.ly/HmhF0 in reply to ColinStorm #
- @janeccats Here’s some info about avoiding foreclosure > http://tinyurl.com/dyh3wb http://bit.ly/F85RZ in reply to janeccats #
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Thanks for your comment, Robert. I think if you read the entirety of my blog you will see that I try to post the current news and views about the market. You are welcome to post your analysis of what the market will do. My readers welcome input from all sides.
Thank you! This is just what I was looking for. Keep up the great work!
[...] How to help speed up a short sale tips [...]
Great blog post. The media will never pick up on this because it is more complicated than a soundbite.
If I may add that with the number of outstanding loans that are scheduled to reset in the next couple of years, decreasing home values and stricter lending guidelines, the rate of foreclosures are on track to peak in 2010. Short sales have become a growing niche for Real Estate Agents to sell homes before they become bank owned.
short sales | short sales education | short sales success
1/3 on the market are foreclosed or short sales – wow. It’s nice that you research this information. The agents who represent home sellers prob don’t share that info with buyers. Take care.
Dear Patrick,
Great article! I agree with you. I also would like to add couple more alternatives to those homeowners who want to stay in their homes.
There are two products those aren’t widely knowing and common in the market place. Trsutee Foreclosure Delays and Loan Re-Write.
Did you know that Homeowners are illegally being foreclosed on especially in Trustee States?
In Judicial Foreclosure states, a judge reviews the legality of the foreclosure proceedings to ensure the homeowner is being protected against greedy lenders and yet still the lenders are not properly following the foreclosure laws correctly (see this article: http://www.nytimes.com/2009/08/31/nyregion/31judge.html?_r=2).
In Trustee States, lenders employ a “third party” trustee company to replace the legal function of a judge and orchestrate the foreclosure process. If banks are not legally foreclosing when they know a judge reviews the case what do you think they are doing when they only have to go through a trustee that they pay? And what is more interesting, the trustee company is liable for the foreclosure proceedings but who is going after the trustee companies to review the legality of these foreclosure packages? You guess it! Yes, No one is..!
Did you know that a loan Re-Write program has the ability to reduce homeowner’s current loan balance down to the current market value at prime + 3%?
Here is an example: You owe $500K on your home but it is only worth $350k. Investors will bulk purchase the note from your current lender and re-write it back to you at $350k, saving you (the homeowner) over $150k!
I hope this helps!
To find out more about our services you may want to visit http://ASNDinc.com/
Yamen Elasadi
yamen@ASNDinc.com
Arizona Unemployment Trends – September 2009
Arizona Unemployment Trends Visualized as a Heat Map:
Arizona Unemployment in September 2009 (BLS data)
http://www.localetrends.com/st/az_arizona_unemployment.php?MAP_TYPE=curr_ue
versus Arizona Unemployment Levels 1 year ago
http://www.localetrends.com/st/az_arizona_unemployment.php?MAP_TYPE=m12_ue
[...] How to help speed up a short sale tips [...]
[...] How to help speed up a short sale tips [...]
This is good news… Foreclosure market needs movement to make more money and start leaving this situation
that’s good to hear. when you are experiencing foreclosure, you need the help of reliable real estate agents. when you are looking for them you may visit this site:
REALTOR
[...] How to help speed up a short sale tips [...]
[...] How to help speed up a short sale tips [...]
Hi!. Thanks for the blog. I
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Considering, finding the right foreclosure home is the most essential step involved while buying a foreclosure some research should be done ahead of time before finding the most affordable home.
[...] See: Why short sales aren’t always a good deal. [...]
[...] Considering making an offer in today’s distressed home marketplace in Prescott or Prescott Valley? See: Top 10 tips to win the REO multiple offer game. [...]
[...] Foreclosures are still cranking in the U.S [...]
[...] 31% of Phoenix area home sales are foreclosures in March down from 51% in Feb [...]
[...] How to help speed up a short sale tips [...]
[...] See: Why short sales aren’t always a good deal. [...]
[...] Considering making an offer in today’s distressed home marketplace in Prescott or Prescott Valley? See: Top 10 tips to win the REO multiple offer game. [...]
[...] See: Why short sales aren’t always a good deal. [...]
[...] Considering making an offer in today’s distressed home marketplace in Prescott or Prescott Valley? See: Top 10 tips to win the REO multiple offer game. [...]
[...] How to help speed up a short sale tips [...]
[...] How to help speed up a short sale tips [...]
[...] How to help speed up a short sale tips [...]
[...] See: Why short sales aren’t always a good deal. [...]