Standard Operating Procedures

Wine Trail Properties 12 years ago

Check out this news release from October 2009 outlining a program outlining how home owners might rent back a home they are losing in foreclosure.

http://www.fanniemae.com/newsreleases/2009/4844.jhtml

The obvious question is "have you heard of anyone actually doing this?"  If this program has existed for almost two years, you would think that the regional real estate community would become aware of someone that has been able to use the program.

http://blogs.wsj.com/developments/2011/08/10/sev...
Wine Trail Properties 12 years ago

OK.  Read the link below about the fact that there are fewer listings on the market now than a year ago.

http://blogs.wsj.com/developments/2011/07/19/in-june-fewer-for-sale-signs-on-homes/

So, why is this a good thing?  Well, first of all, for all those home owners that have been hearing about all the foreclosures and competing low priced inventory - you have a window of opportunity!

Yes, if you have followed the business news (or even our blogs) you know about the many problems that the larg...
Wine Trail Properties 12 years ago

A look at the aftermath of the mortgage meltdownis still not pretty and not likely to get better soon.  You would think that in these years that have followed there would be improvement and/or a start towards recovery.  Far from it!  The depth and extent of the problems are just coming to light and still being sorted out.  And like saugage making, it certainly is not pretty.

http://www.msnbc.msn.com/id/43801546/ns/business-personal_finance/

At the heart of the issue is the supposed good thing...
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