Apr

30
2008

Letter to Editor

Lenders should be honest about closing costs

Re: 'Best loan in today's market: fixed or adjustable?' (April 30)

Dear Editor:

In my book, choosing the right lender is simple. One needs to find a lender that will execute, in writing, a good faith estimate disclosing all closing costs accurately.  more...

Apr

29
2008

Give homeowners incentive to stay

John Vogel

We -- as a nation, as neighbors and as financial institutions -- need to find a workable solution that keeps families in their homes. With 200,000 foreclosure notices going out to homeowners every month, we need to let families know that help is on the way.  more...

Letter to Editor

Realtor wants compensation guarantee

Re: 'Industry reacts to short-sale rule changes' (April 28)

Dear Editor:

I agree that the MLS systems NEED to adopt a ruling that all listings placed in the MLS have a guaranteed compensation percentage.

If there is no guarantee of payment, why would any Realtor show the property?

We do want what is best for our clients, but not if we are working for free.

Susan Vaughn
Realtor
Prudential Tropical Realty
Clearwater, Fla.

   more...

Apr

28
2008

Letter to Editor

Banks fall short in short-sale transactions

Re: 'Industry reacts to short-sale rule changes' (April 28)

Dear Editor:

The problem is that there are no rules, and banks are not held to any standards that Realtors or brokers are held to.

I have a number of shorts sale listings, the banks tell you that they don't want to talk to you until you have an offer. At that point they want to see a letter of financial hardship, pay stubs, listing contract, broker's price opinion, seller's net sheet and an offer.  more...

Apr

25
2008

Letter to Editor

Short-sale rules should be made with caution

Apr

24
2008

Letter to Editor

Broker wants fairness in short sales

Apr

23
2008

Letter to Editor

Servicer frustrations in Florida

Re: 'Loan servicers treading water' (April 23)

Dear Editor:

Our experience managing several short sales for investment (vacant) properties indicates a significant disconnect exists between the servicers and investors.  more...

Where's mom when you need her?

Marc Davison

Once upon a time, you "walked in" for real estate services. A pleasant face greeted you. You had questions; helpful people had answers.

It was simple, friendly, and it worked.

You called, someone answered. You were handled, not routed through some invisible air traffic system waiting for a faceless controller to pick you up a day later with a response.

The Realtor was once a servant, performing the heavy lifting and attending to the smallest details. Making sense of things.  more...

Apr

22
2008

Letter to Editor

Servicers can serve their own interests

Re: 'Why needless foreclosures happen anyway' (April 21)

Dear Editor:

Jack Guttentag says: "Servicers, in contrast, want to protect their servicing fees, which they receive only from loans in good standing. Their general preference, therefore, is for early intervention."  more...

Apr

21
2008

Letter to Editor

Real estate data should be available to all

Re: 'NAR's 'Gateway' project gets new name' (April 18)

Dear Editor:

I'm not sure of the advantages to Realtors from the Gateway project.

What Realtors need, in my opinion, are more tools with which to professionally reach and serve the public, their potential customers and clients.

The public is interested in easy access to detailed property information. In short, they want access to information that is at least as good as our proprietary MLS data.  more...

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