NOVA BROKERS LLC'S Blog

Another Real Estate Agent I know had asked me some questions about a deal she was working on because she was unclear of what to do next.  I wanted to share this situation with others because in this market this situation may arise with one of your deals.  Lister has property listed for sale.  Buy...

I am checking to see if anyone has had any dealings with Saxon Mortgage.  I have had such a hard time with this mortgage company.   I have 4 offers in with them on a short sale and foreclosure right around the corner and no response from them. Call after call.  Just curious if anyone else has had...

Has anyone else received a call from someone (THEY DID NOT LEAVE THE COMPANY NAME ON MY PHONE) stating they are looking for someone to refer clients to and their referral fee is 90% .  I could not believe that someone would expect me to do all the work for 10% of the offered commission.  I though...

Someone who called me today at the law firm I work at, was asking for legal advice before pursuing a short sale with a real estate agent.  After asking some questions, she stated the following:   The Agent she wanted to represent her interests told her that he is very successful with short sales ...

A friend of mine, who is an Investor, buys homes at the foreclosure auctions (courthouse steps) and sells homes.  He called me to ask me if I had any Appraiser’s phone numbers I could give him that he could get a quick appointment with, because the one he normally uses is out of town and the Appr...

With so many people losing their homes these days, I wanted to share some information about using to the bankruptcy system to help someone stay in their home instead of doing a short sale or a Foreclosure.  Every situation is different.  Since I work as a bankruptcy consultant/paralegal at a law ...

 (this is a re-post, was deleted in error) This was interesting today.  I get a lot of people that come through the law firm I work at with the most unusual housing situations to see if they qualify for bankruptcy.  Well, this couple bought a home together in 2005 and now cannot afford the mortga...

I just noticed that some of my blogs are missing.  I guess I must have deleted them by accident.  I am going to try to put them back on but I was just wondering if this has happened to any of you.  I don't know how I did that.   Anyway, am I the only one this has happened to.  It is really frustr...

    If you are thinking about letting the home go through foreclosure and considering Bankruptcy as an option, and need to rent a home, then RENT before filing bankruptcy.  It is more difficult to rent a home after bankruptcy then to buy a home after bankruptcy.  My clients have experienced this ...

I was just speaking to a neighboring real estate agent who told me that some people she met, who are not well informed of what happens in a short sale, gave $3000 to a Real Estate Company who said they will not lose their home if they listed with them to do a short sale.  The owners have not seen...