Hi folks. There are some major changes taking place in the Real Estate market right now. This article will touch down on the few that I feel are serious issues that will have a negative affect on consumers and agents alike.
FANNIE AND FREDDIE artificially inflating property values.
Banks getting out of the servicing business. Think less regulation. Less regulations means the consumer has best beware.
The major banks, Bank of America, Chase, Wells Fargo and Suntrust are rapidly selling their servicing rights to the 3 major servicers. The 3 major players are now Ocwen, Nationstar Mortgage and Green Tree Servicing.
Folks, take a few minutes to really think about these issues and how they will affect your business going forward. Be prepared.
A major shift is now brewing. Be prepared.
Related articles:
Is Your Short Seller Being Forced To Use Services They Don't Want?
Nationstar And Auction.com. A Formula For Failure
Banks Are Prohibited From Entering Into Real Estate Brokerage And Management Businesses? Really?
New Short Sale Changes Change The Direction Of Real Estate.
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Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.
Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales, Orlando Florida Short Sales, Celebration Florida Short Sales, Winderemere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.
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