Realtor Alert – Short Sale Fraud
November 3, 2012
Introduction. Recently there have been some anecdotal reports that real estate licensees, presumably with the knowledge and consent of sellers and buyers, have engaged in
Introduction. Recently there have been some anecdotal reports that real estate licensees, presumably with the knowledge and consent of sellers and buyers, have engaged in
As a follow-up to my last post on difficult short sales (here), it occurs to me that I should mention the small, but persistent complaint
Over the course of the past two and one-half years, I’ve met with hundreds of folks experiencing the trauma of dealing with huge negative equity
Introduction. For those Realtors® who were in the business in 2005 – 2007, multiple offers occurred fairly frequently. Today, we are seeing them again. However
With the slowdown in real estate and the increasing difficulty in obtaining bank financing, some home sellers have begun to consider carrying the financing themselves
Oregon Revised Statute 94.712 is worth noting by distressed property sellers and their Realtors®. Section (1) reads as follows: “An owner shall be personally liable
Word has it that Oregon has agreed to sign on to the 50-state attorneys general settlement with five of the country’s largest banks: Bank of
As we enter the New Year, everyone, it seems, has an opinion or prediction. However, one rule should always be applied: Be careful how you
Have you ever been curious about what “test” the Big Banks apply when deciding to allow short sales? I have. What follows is my
Introduction. As we know today, there are many bank-owned properties being listed and sold. A term commonly used to refer to these homes are REOs,