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Methuen Massachusetts SHORT SALE – CLOSED!

Need to give a shout out once again to Lisa Sevajian Johnson!  This was a quick short sale, but definitely not without a few headaches.  Let me just say I like working with NH Housing rather than MA Housing. They actually perform their short sales very similar and MOST loans have PMI on them, which […]

Why Investors are Helping in the Cleanup of the Housing Crisis.

The truth of the matter is there is very little short sale fraud. The FBI has published that there are no solid numbers on short sale fraud (“As such, the extent of short sale fraud nationwide is unknown” http://www.fbi.gov/stats-services/publications/mortgage-fraud-2009) – According to the Corelogic (a company that sells mortgage fraud software) it’s estimated that short sale fraud is 2% of overall mortgage fraud. So every time you see an article with the words fraud, scammers, floppers, etc., remind yourself that only and ESTIMATED 2% of overall mortgage fraud is a short sale transaction