
SPARRproperties Flipping short sales (aka "flopping") is a practice beoming more and more prevelant ... at least in South Florida
The new flipping: short sales | HeraldTribune.com | Sarasota Florida | Southwest Florida's Informati
www.heraldtribune.com
Untold millions of dollars that banks could have recovered from the sale of distressed Florida homes have instead been pocketed as profits by a new breed of property flipper.These flippers target houses on the verge of

SPARRproperties Proper price expectations as a home seller are key (as this NYTimes article points out):
www.nytimes.com
Homeowners can still arrive at a reasonably accurate real estate appraisal even in these uncertain times.

SPARRproperties Showed homes to a Berkeley policeman yesterday. Turns out the home he loved is $40k cheaper than we thought. Great start to my Sunday!

SPARRproperties Another scam that takes advantage of people undergoing a foreclosure. This guy has pulled it off in 5 states:
www.9news.com
DISCUSS ON MOMSLIKEME.COMPARKER - No one who claims to be a victim of Greg Castle has ever met him in person. He makes phone calls and his e-mails threaten legal action, but he never shows his face. 9Wants ...

SPARRproperties Have an FHA loan and thinking about a refi? Better get started now or you may not be able to:
Summarizing The New, Stricter FHA Streamline Refinance Program (Changes Effective November 17, 2009)
themortgagereports.com
Dan Green blogs about mortgages and real estate topics. Based in Chicago and Cincinnati.

SPARRproperties A robot trying to buy a foreclosure - sadly, there's a lot of truth behind the humor!

SPARRproperties The home-buyer tax credit doesn't help many Bay Area buyers, but it may be extended or expanded beyond Nov 30:
www.marketwatch.com
The expansion -- or, at a minimum, extension -- of the $8,000 first-time-home-buyer tax credit that is set to expire Nov. 30 is at the top of the legislative agenda for the Mortgage Bankers Association, ...

SPARRproperties Not all real estate agents are created equal. Find out in 2 minutes why you should work with Brian Sparr when buying or selling real estate in the San Francisco Bay Area.

SPARRproperties
Funding the expansion of your real estate portfolio can be difficult when you get beyond 4 properties, but there are options out there if you know where to look http://themortgagereports.com/2009/05/5- 10-investor-properties-financed-fannie-m ae.html
themortgagereports.com
Dan Green blogs about mortgages and real estate topics. Based in Chicago and Cincinnati.

SPARRproperties There may be hope on the way for faster closing short sales!
$2,500 Incentive Will Spur Short Sales, Says John Burns : HousingWire || financial news for the mort
www.housingwire.com
A Treasury Department spokeswoman confirmed an incentive program for servicers that pursue short sales is on its way, according to John Burns Real Estate Consulting.

SPARRproperties Foreclosure Stripping - I definitely don't agree with the practice, but it's happening all across the country
www.youtube.com

SPARRproperties Some economists think the Feds $8k tax credit could be reinflating the real estate bubble ... what do you think?
www.lasvegassun.com
No doubt, a big tax break for first-time homebuyers is good politics. Although the politics are a surefire winner, especially here in Nevada, some economists across the political spectrum question whether the $8,000 tax credit is good policy.

SPARRproperties Is another wave of Bay Area foreclosures on its way? The numbers in this article definitely point in that direction
www.sfgate.com
Thousands of Bay Area homes have a ticking time bomb embedded in their mortgage. The homes were purchased with loans known as option ARMs, short for adjustable rate mortgages.

















