Comments for The Wilmoth Group Blog http://www.wilmothblogs.com/real-estate News and Information from The Wilmoth Group Tue, 31 Jan 2012 12:43:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on Fannie Mae Homepath Offers Require New Procedures in Florida by Fannie Mae HomePath On-Line Offers Expanded To Indiana « « The Wilmoth Group Blog The Wilmoth Group Blog http://www.wilmothblogs.com/real-estate/2011/12/19/fannie-mae-homepath-offers-require-new-procedures-in-florida/#comment-189 Fannie Mae HomePath On-Line Offers Expanded To Indiana « « The Wilmoth Group Blog The Wilmoth Group Blog Tue, 31 Jan 2012 12:43:20 +0000 http://www.wilmothblogs.com/real-estate/?p=536#comment-189 [...] on-line HomePath offer system introduced by Fannie Mae on a test basis in Florida will be launched nationally this week.  As of [...] [...] on-line HomePath offer system introduced by Fannie Mae on a test basis in Florida will be launched nationally this week.  As of [...]

]]> Comment on Fannie Mae Owner Occupant Sales Enforcement by Joel Wilmoth http://www.wilmothblogs.com/real-estate/2010/05/18/fannie-mae-owner-occupant-sales-enforcement/#comment-139 Joel Wilmoth Mon, 02 May 2011 03:46:49 +0000 http://www.wilmothblogs.com/real-estate/?p=156#comment-139 Remember that the First Look period is 30 days in Nevada (15 days everywhere else in US). After 30 days an investor can make offers and purchase a Fannie Mae home. From the HomePath.com website: <em>If you are concerned that the First Look marketing period is not being handled appropriately on a particular property, please contact the Fannie Mae Resource Center immediately at 1-800-732-6643.</em> Remember that the First Look period is 30 days in Nevada (15 days everywhere else in US). After 30 days an investor can make offers and purchase a Fannie Mae home.

From the HomePath.com website:

If you are concerned that the First Look marketing period is not being handled appropriately on a particular property, please contact the Fannie Mae Resource Center immediately at 1-800-732-6643.

]]> Comment on Fannie Mae Owner Occupant Sales Enforcement by David Eaton http://www.wilmothblogs.com/real-estate/2010/05/18/fannie-mae-owner-occupant-sales-enforcement/#comment-138 David Eaton Sun, 01 May 2011 17:03:22 +0000 http://www.wilmothblogs.com/real-estate/?p=156#comment-138 Who do I contact at Fannie Mae if I believe offers are being made on First Look Properties by speculators? My wife and I are trying to buy our home in Las Vegas and one of the properties we made an offer on last month is now empty and for rent. Who do I contact at Fannie Mae if I believe offers are being made on First Look Properties by speculators? My wife and I are trying to buy our home in Las Vegas and one of the properties we made an offer on last month is now empty and for rent.

]]> Comment on The Best Time Ever For Owner Occupant Buyers by Kitt http://www.wilmothblogs.com/real-estate/2010/12/09/the-best-time-ever-for-owner-occupant-buyers/#comment-124 Kitt Fri, 10 Dec 2010 11:29:16 +0000 http://www.wilmothblogs.com/real-estate/?p=372#comment-124 What do you think about the "new headache" with foreclosures......after having the offer accepted, the seller paying for inspection, application fees are paid to the association, deposits are made and it's time to close BUT the condo/homeowners association will not release their lien - then both sides legal counsel argue for weeks/months about how much is "really" owed in light of the new (July 2010) condo ruling. I had one closing delayed over 30 days by the lender and the buyer walked. I now have one that is in the second week and it doesn't look good. How can I protect my buyer from this happening? Why don't the listing agents get these types of issues front and center when they take (or are assigned) the listing? Wouldn't it be in their own best interest to do so as well? What do you think about the “new headache” with foreclosures……after having the offer accepted, the seller paying for inspection, application fees are paid to the association, deposits are made and it’s time to close BUT the condo/homeowners association will not release their lien – then both sides legal counsel argue for weeks/months about how much is “really” owed in light of the new (July 2010) condo ruling. I had one closing delayed over 30 days by the lender and the buyer walked. I now have one that is in the second week and it doesn’t look good. How can I protect my buyer from this happening? Why don’t the listing agents get these types of issues front and center when they take (or are assigned) the listing? Wouldn’t it be in their own best interest to do so as well?

]]> Comment on New Help For Short Sales? Maybe… by It Is Getting Harder To Find Buyers For Short Sales « The Wilmoth Group Blog http://www.wilmothblogs.com/real-estate/2010/04/15/new-help-for-short-sales-maybe/#comment-123 It Is Getting Harder To Find Buyers For Short Sales « The Wilmoth Group Blog Thu, 02 Dec 2010 12:27:40 +0000 http://www.wilmothblogs.com/real-estate/?p=103#comment-123 [...] of sales were short sales, and new government programs in support of a uniform short sale process (HAFA) made it appear that the bad word that had developed among potential short sale purchasers would get [...] [...] of sales were short sales, and new government programs in support of a uniform short sale process (HAFA) made it appear that the bad word that had developed among potential short sale purchasers would get [...]

]]> Comment on What Is This Shadow Inventory of Foreclosed Homes? by Pace of Foreclosures Accelerates « The Wilmoth Group Blog http://www.wilmothblogs.com/real-estate/2010/03/23/what-is-this-shadow-inventory-of-foreclosed-homes/#comment-109 Pace of Foreclosures Accelerates « The Wilmoth Group Blog Thu, 12 Aug 2010 13:12:44 +0000 http://www.wilmothblogs.com/real-estate/?p=84#comment-109 [...] foreclosures, or release for sale, significant chunks of what many have called for the last year the “shadow inventory” of foreclosed properties.  If these rumors are true there is two ways to look at the [...] [...] foreclosures, or release for sale, significant chunks of what many have called for the last year the “shadow inventory” of foreclosed properties.  If these rumors are true there is two ways to look at the [...]

]]> Comment on What Do They Mean By Sold As-Is? by Make Your Offer The One That Is Accepted And Closed! « The Wilmoth Group Blog http://www.wilmothblogs.com/real-estate/2009/07/06/what-do-they-mean-by-sold-as-is/#comment-107 Make Your Offer The One That Is Accepted And Closed! « The Wilmoth Group Blog Tue, 27 Jul 2010 14:32:06 +0000 http://www.wilmothblogs.com/real-estate/?p=29#comment-107 [...] the leaking kitchen plumbing be repaired.  If you are investor, please refer back to some of my as-is means as-is posts.  If you are going to live in the property, this request is a wild card.  I do not know how the [...] [...] the leaking kitchen plumbing be repaired.  If you are investor, please refer back to some of my as-is means as-is posts.  If you are going to live in the property, this request is a wild card.  I do not know how the [...]

]]> Comment on Renovating That Older Home Is Going To Get Trickier by EPA Delays Lead Paint Certification Enforcement « The Wilmoth Group Blog http://www.wilmothblogs.com/real-estate/2010/04/19/renovating-that-older-home-is-going-to-get-trickier/#comment-106 EPA Delays Lead Paint Certification Enforcement « The Wilmoth Group Blog Tue, 22 Jun 2010 12:34:38 +0000 http://www.wilmothblogs.com/real-estate/?p=110#comment-106 [...] a move we suggested a few months ago, the EPA acknowledged that remodelers in many parts of the country have been unable [...] [...] a move we suggested a few months ago, the EPA acknowledged that remodelers in many parts of the country have been unable [...]

]]> Comment on It’s About Time by Mortgage lenders to provide help for defective drywall home owners | Real Estate SEO Search Engine Optimization http://www.wilmothblogs.com/real-estate/2010/06/15/its-about-time/#comment-105 Mortgage lenders to provide help for defective drywall home owners | Real Estate SEO Search Engine Optimization Fri, 18 Jun 2010 01:23:04 +0000 http://www.wilmothblogs.com/real-estate/?p=186#comment-105 [...] It's About Time « The Wilmoth Group Blog [...] [...] It's About Time « The Wilmoth Group Blog [...]

]]> Comment on 35.7% Increase In Home Foreclosures Expected for 2010 by elaine http://www.wilmothblogs.com/real-estate/2010/06/10/35-7-increase-in-home-foreclosures-expected-for-2010/#comment-104 elaine Thu, 10 Jun 2010 22:43:11 +0000 http://www.wilmothblogs.com/real-estate/?p=180#comment-104 Thanks for the blog mention about REO EXPO. Nice piece! Thanks for the blog mention about REO EXPO. Nice piece!

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