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  1. sugarspunZ_IHB

    FSBO or not ?

    ok... USC i see what you are saying and in theory it sounds great but... what name and phone number are you putting on the MLS? yours? or the seller? what does the seller do with an offer they dont like? do they know how to counter? where do they get the forms? does the seller know...
  2. sugarspunZ_IHB

    Recent Influx of Noobs

    i was doing a google search an irvine HOA and this came up. i have been in the business for years and had never heard of this site. i really like this site however. thumbs up.
  3. sugarspunZ_IHB

    FSBO or not ?

    if you are firm on price the first thing i would do is figure out if the price you want is reasonable. if it is not then i wouldnt waste anyone's time. the bottom line is Realtor or not if you home is not priced to sell it wont.
  4. sugarspunZ_IHB

    Lowballing Short sale

    ^ anywhere for now. i am not yet at the level i want to be at. mostly ladera ranch as of late.
  5. sugarspunZ_IHB

    Lowballing Short sale

    having an approval and a competent listing agent are key. if you dont have these key ingredients i would not waste my time making an offer. low balling a short sale wont get you anywhere. it will only make your realtor look incompetent and piss off the listing agent.
  6. sugarspunZ_IHB

    Are people still taking advantage of mortgage system today?

    New Fannie Mae guideline... Borrowers doing a purchase to upgrade their current residence must have a minimus of 30% equity in their current residence. Fannie Mae is requiring this to eliminate the possibility of potential "Walk Aways".
  7. sugarspunZ_IHB

    Mortgage Debt and a Short Sale?

    Where can I get this form? If you use a computer to fill out your return, check your tax-preparation software. You can also download the form at IRS.gov, or call 1-800-829-3676. If you call to order, please allow 7-10 days for delivery. How do I know or find out how much debt was...
  8. sugarspunZ_IHB

    Mortgage Debt and a Short Sale?

    http://www.irs.gov/individuals/article/0,,id=179414,00.html www.irs.gov is always good reading. The Mortgage Forgiveness Debt Relief Act and Debt Cancellation If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable...
  9. sugarspunZ_IHB

    Mortgage Debt and a Short Sale?

    I work primarily with short sales as a listing agent and I am constantly asked if mortgage debt is recourse or non recourse debt. If the borrower does a short sale on their home what are the laws in CA regarding the debt? Isn?t all mortgage debt non-recourse due to the Mortgage Debt Relief Act...
  10. sugarspunZ_IHB

    Freddie Mac CFO Suicide

    i just read that on bloomberg. crazy stuff. the rabbit hole deepens.
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