would there be interest in an article on short sales, foreclosures, etc.?

Thanks Domi,

I think I will wait for your articles, I am immersed in Oupensky and keeping up the the latest on the board and SOTT. I will pass that link on to a few friends; one in negotiations to buy and the other is trying to re-negotiate so they don't lose their house.
 
Hi Domi,

If I can assist you in this contribution, please ask. As repossession/forclosure Laws are radically different from state to state.
I was a regional forclosure/real estate repossession manager for a very large finance company, I handled three different
midwestern states with as many as three hundred repossessed properties at one time. I also supervised front end collections.
I held this position for three long years.
 
Kimber said:
Hi Domi,

If I can assist you in this contribution, please ask. As repossession/forclosure Laws are radically different from state to state.
I was a regional forclosure/real estate repossession manager for a very large finance company, I handled three different
midwestern states with as many as three hundred repossessed properties at one time. I also supervised front end collections.
I held this position for three long years.
Click to expand...

Hi Kimber,

I might take you up on that. You're correct, state laws put a spin on short sales and foreclosures.
Like I mentioned, this will be from a California perspective but I appreciate any input on what goes on in other states.

Dominique
 
And I have my first article ready: http://paloaltoshortsales.com/short-sales-part-1-what-is-a-short-sale/

This is a generic introduction to short sales where I skim over the process and talk about the players and how they fit into the process.
 
I have my second article up that talks about Alternatives to Foreclosure: http://paloaltoshortsales.com/short-sales-part-2-alternatives-to-foreclosure/
Feel free to republish.

Working on the next article...
 
Thanks so much for writing these, Domi.

I will be sending links to the articles to a number of people.
 
Part 3 is up: http://paloaltoshortsales.com/short-sales-part-3-why-would-a-bank-consider-a-short-sale/

Fairly light article with an example of what a short sale offer looks like.
In summary: if the net return of a short sale versus foreclosure is higher, the bank will take the deal.
 
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