Getting Short Sale Information

Real Estate investors want to know where they can get information on short sales when they are new to the game. Gather short sale information doesn’t have to be hard, but it is about knowing where to find it.




Short sale information can come from a few different sources. If you can get close to the listing broker, you have a really good shot at getting the information you need. The other thing you can do when talking to your realtor, is to ask them point blank if the seller needs to do a short sale. Sometimes a seller may start out listing their home with enough room to make a profit. They end up struggling to meet payments because they lost their job which is why they listed the home in the first place. The seller ends up doing a short sale because they know that there is no point in trying to swim upstream and they are upside down in the home. This is fast track to getting short sale information.



I can point you in the right direction as well. I have a strategic alliance of people I work with in order to provide information to those involved in every area of the short sale process. For more short sale information, you can go to www.inlandempireshortsaleresource.com.



-Mayer Dallal

Is There Mortgage Modification Fraud?

Families across America are catching onto the mortgage modification programs that are available today, but with information overload it’s hard to know who to trust.




Last year, one in six families defaulted on their home loans and felt they had nowhere to turn. The truth is that there are options available today so that families don’t have to worry anymore. There are some things to look for when trying to find an expert that can walk you through the whole process.



The biggest concern that I have is that the consumer needs to know the truth. While everyone can seek out these options, the truth is that there are only a small percentage of people that qualify for a mortgage modification. The challenge when doing a modification is the debt to income ratio target, which is at 31%. While this would be ideal for everyone, the bank may not to be able to get every home owner qualified under those guidelines. So, keep your eyes open for predatory schemes and people that are enticing you to believe that there are no guidelines and they can help you.



Foreclosure operations are popping up across the country and make promises they can’t deliver on. Don’t believe that someone can save you from your troubles; there is a process for everything. If it sounds too good to be true than it probably isn’t true!



Call me for more details, or visit my website at www.inlandempireshortsaleresource.com, or call me directly at (310) 498-2700.