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Foreclosure Alert - Virginia Foreclosure Fast Track

The Commonwealth of Virginia is bucking the trend of states across the country by shortening the time it takes to foreclose to 14 days. That is right, it takes only 14 days to foreclose on a house in Virginia. And, since Virginia is a non-judicial state, there is little homeowners can do about it. There have even been cases of Virginia homeowners working a loan modification with their lenders when they get the 14 day notice. Those of you in the industry know that often one lender department doesn't always know what another lender department is doing. The same is true here. Homeowners have talked to the lender being told that everything is okay while their house is sold at foreclosure sale.

So if you are working in Virginia, ensure there is exceptional communication between you and the other parties involved. Check foreclosure sale listings often, and make sure you are talking to the lender more than once per week!

Short Sale Alert - Know Your Dates!!

Wells Fargo, their subsidiaries, and their affiliates have decided they are not going to put up with the delaying tactics of their buyers. As a result they have decided to enact a policy where they will not extend deadlines, or postpone sales. That is right, Wells Fargo will no longer postpone foreclosure sales.

Make sure you keep track of your dates. And, if you are getting close to your foreclosure date, make sure you make your best offers!

"Dr. Pre-Foreclosure Has A Blog

That is right. Now you can get up to date information on short sales, foreclosures, and investing, as well as tips and tricks for running your own business, and negotiating killer deals. I know the media is talking about how bad real estate is, but the people who have been the most successful are buying like mad right now because of the number of bargains that are out there. Don't miss out. Check my blog often.

Learn More. . . Go to the blog now!