Tag Archive

The Drive By BPO – in Massachusetts and New Hampshire Short Sales

Published on January 4, 2012 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

The Drive By… There are certain buzz words in short sales that make me cringe. DRIVE BY BPO happens to one of those phrases. I called into SPS (Select Portfolio Services) last week. We are working on a property that is extremely time sensitive as there is an auction date in January. When I spoke […]

More bad news for HAFA short sale program for Massachusetts and New Hampshire Homeowners

Published on July 7, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

I have made it clear I am NOT a fan of HAFA.   Since its inception it has been plagued with issues.  I have a homeowner we are currently working with in New Hampshire who really wanted to try for a HAFA short sale, so we went to work.  This short sale was serviced by Chase.  […]

You cannot negotiate a short sale PERIOD without being compliant with new laws!

Published on February 1, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

I’ve spoken to quite a few of the Realtors that refer to us and there are so many that were unaware at how this affected them. Let me preface this blog by stating I’m not a lawyer, but I’ve spoken with 3 independent attorneys in the last month all who have reviewed the MARS FTC ruling and the ONLY EXEMPTIONS are for attorneys (in particular cases) and even attorneys negotiating short sales have to make some changes. I have YET to see New Hampshire or Massachusetts come forward with a public statement OR any assistance with forms. Considering the extremely conservative approach New Hampshire took with their bulletin on the SAFE act, I’m shocked they weren’t on top of the MARS FTC compliance issues. NAR, MAR and NHAR seem to be asleep on this subject.

Massachusetts Short Sale information statistics Methuen Haverhill

Published on October 11, 2010 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

As of today 10/11/2010 These are the statistics for Active Short Sale home in Methuen and Haverhill Massachusetts. Methuen 30 active Single Family Homes with an average of 166 days on market $218,537 – Average List price Haverhll 38 active Single Family Homes with an average of 145 days on market $214,197 Data above includes […]

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