Month: October 2011

BPO – Broker Price Opinion Demand

The housing industry relies on about 10 million broker price opinions (BPOs) each year, according to Franklin E. Rodebaugh, principal broker and president of American Wholesale Properties, Inc. “BPOs are not going to go away,” Rodebaugh said during a panel…

Keep Your Home California Homeowner Assistance

[youtube]http://www.youtube.com/watch?v=9rfAGHzOcIo[/youtube] Homeowners, have you suffered a financial hardship? CALHFA (The State of California’s Housing Finance Agency) might be able to help. “Keep Your Home California” is a free service for homeowners who have suffered a financial hardship. They can help…

More And More Foreclosures / REO’s To Come…

Foreclosures continues to plague the U.S. housing market. Nationwide, foreclosure filings totaled 610,337 in the third quarter, an increase of less than 1% from the previous quarter, said RealtyTrac. Even though the increase was small, it is significant since it…

Owners Getting Cash for a Short Sale?

In order to avoid clogging the already sluggish home foreclosure pipeline further, some lenders have been offering cash incentives, or Cash For Keys to homeowners at risk of foreclosure in order to complete short sales and help move out of…