Monday, October 6th, 2014
Due to the crash in the Georgia real estate market, many homeowners have been afraid to evaluate the equity in their home. While most homeowners check on their other investments regularly, such as stocks and retirement …
Friday, August 29th, 2014
Short Sale GA informs homeowners that it’s a perfect time to sell. For many homeowners it may be hard to believe that now is the best time to sell their home. For the last 5-6 years, the …
Thursday, July 31st, 2014
Short Sale Georgia announces that homeowners in Georgia are regaining equity in their homes. For many homeowners the recent increase in home prices is helping to minimize struggles that many families faced when the housing crisis first hit. According …
Monday, April 28th, 2014
Short Sale Georgia offers good news of the rebounding real estate market. When the housing crisis hit Georgia many homeowners wanted to sell their home but found themselves unable to do so. For some Georgians, the bottoming-out of the …
Wednesday, March 12th, 2014
For many home owners the news continues to get better and better about their options in selling their home. According to the National Association of REALTOR®, prices rose 14.5% year over year in June of 2013. This was the biggest yearly …
Friday, January 31st, 2014
Many Georgia Real Estate Experts agree that the real estate market is on an upward trend. There are many factors that indicate that the real estate market is rising to the surface. In Georgia, there are fewer distressed properties on the …
Monday, December 30th, 2013
Today’s real estate market is very different than it was a year ago. Prices have increased rapidly over the pas-t 6-8 months as parts of a steady recovery we’re seeing take place across the nation in real estate. If you …
Tuesday, October 29th, 2013
Time is running out for the Mortgage Debt Relief Act. The legislation which was always intended to be a temporary solution to the housing crisis is now set to expire at the end of 2013. Even though the Mortgage Forgiveness Debt Relief Act was extended last year, there is no …
Monday, September 30th, 2013
One of the most talked about government programs to help distressed homeowners; is The Home Affordable Foreclosure Alternative also known as HAFA. When the housing market crashed in 2008, millions of homeowners suddenly found themselves in danger of losing their homes to foreclosure. Created in 2009 …
Friday, July 12th, 2013
Finally…one talented and very determined Englishman has won the 2013 Wimbledon title! How many could have guessed that a single, British mother of ordinary means would have raised England’s nationally celebrated tennis champion, Andy Murray? Triumph replaced 77 years of national heartache when the English annually watched their coveted award …
Friday, June 21st, 2013
Home Owner shares her success selling her home with Matthew Sipera, Realtor from Matthew Sipera on Vimeo.
Bank of America lied to homeowners according to former bank employees. A class action law suite has been filed in the beginning of June 2013 …
Wednesday, June 5th, 2013
Home Owner shares her success selling her home with Matthew Sipera, Realtor from Matthew Sipera on Vimeo.
For homeowners who are in danger of losing their home to foreclosure, it is common to feel like they are alone and that no one …
Wednesday, May 29th, 2013
The Fannie Mae New Short Sale Escalation Program continues to be a great tool for home owners who are selling their home as a short sale in Georgia to avoid foreclosure. Mrs. Amybeth is one of our most recent satisfied home owner who has avoided …
Friday, April 12th, 2013
I recently wrote an article informing home owners of the New Fannie Mae Escalation Program. I recently used the program to dispute a home value with the servicer/bank and the outcome …
Monday, April 1st, 2013
Fannie Mae announces a new short sale escalation program. Fannie Mae is now working directly with real estate professionals to assist in a more smooth process for home owners who are considering selling …
Friday, February 22nd, 2013
Sell Your Home Fast in Atlanta, Georgia. Smooth Process and Hassle Free! from Matthew Sipera on Vimeo.
Sell your home fast with ShortSaleGA.com! We have partnered with several institutional investors who have millions of dollars to invest in the Metro-Atlanta area. These investors can …
Thursday, January 24th, 2013
The Mortgage Forgiveness Debt Relief Act has been extended for another year as part of the “fiscal cliff” vote! If you were wondering if anything good came from the “battle over the fiscal cliff” the answer is……Yes. …
Wednesday, January 16th, 2013
Bank of America short sale can be a smooth process with the right real estate agent when you eliminate common document errors. When the seller provides their short sale packet with an offer to Bank …
Monday, January 7th, 2013
Bank of America announces that Fannie Mae and Freddie Mac Home Affordable Foreclosure Alternative (HAFA) program has expired on December 31, 2012. Fannie Mae and Freddie Mac have established a cutoff date of December 14, 2012 for all Short Sale Agreements to be issued out to the homeowner for files …
Friday, December 21st, 2012
Fannie Mae will suspend evictions of foreclosed single family and 2-4 unit properties from December 19, 2012 through January 2, 2013.
The entire Fannie Mae blog can be found at http://www.fanniemae.com/portal/about-us/media/corporate-news/2012/5893.html
As a Certified Distress Property Expert …
Wednesday, December 19th, 2012
Foreclosures suspended during Holidays! MoneyWatch.com reported that Fannie Mae and Freddie Mac, along with some of the nation’s biggest lenders will suspend some foreclosures during the holidays from December 17, 2012 through January 2, 2013.
The entire MoneyWatch.com …
Tuesday, December 11th, 2012
The financial world has changed a lot since many homeowners have purchased their home. There are 10 million homeowners falling further and further behind on their mortgage payment each month because of high unemployment, increased cost of living …
Wednesday, December 5th, 2012
FHA PRE-FORECLOSURE from Matthew Sipera on Vimeo.
The United States Department of Housing and Urban Development (HUD) offers a program, known as the FHA Pre-Foreclosure Short Sale, that allows homeowners behind on their mortgage to sell their home as a short sale.
Property must …
Friday, November 16th, 2012
If you are like most people, the news you hear about the real estate market can by very confusing. On the one hand, real estate has been one of the hardest hit sectors of the economy. On the other hand, there are some reports about the real estate being one …
Tuesday, November 6th, 2012
FORSYTH MARKET ANALYSIS from Matthew Sipera on Vimeo.
Matthew Sipera, REALTOR® AND CDPE shares the Cumming Georgia Area statistics for September 2012.
Total of 209 Homes Sold.
Average Purchase Price was $212,000 (+/-)
Total Days on Market was 140 Days (+/-)
11 of the Homes Sold were Short Sales
If you would like …
Wednesday, October 31st, 2012
For the vast majority of homeowners in Georgia who are in danger of losing their homes, a short sale represents a vastly superior option than a foreclosure. I would not be surprised to find out that many of you have heard the fairytale that a foreclosure is sometimes the best …
Friday, October 26th, 2012
Matthew Sipera, Real Estate Expert with Horner Baker Partners and Best-Selling Author appeared on Victory 91.5 radio station to talk about his book, “The New Rise In Real Estate,” and how he helps sellers and buyers purchase homes in the new real estate economy….
Friday, October 12th, 2012
MORTGAGE FORGIVENESS RELIEF ACT from Matthew Sipera on Vimeo.
In 2007, the Mortgage Forgiveness Debt Relief Act was passed in an attempt to help homeowners who were experiencing a hardship and might lose their home to foreclosure.
The Act has helped many distressed homeowners find …
Thursday, October 4th, 2012
Can I Stop Home Foreclosure With A Loan Modification – The short answer is “Yes”. However, loan modifications are not a “cure-all” for all distressed homeowners. While it is true that it can be a good option for some people, it isn’t always the best solution.
As a Certified Distressed Property …
Saturday, July 7th, 2012
Selling your home is one of the most important steps in your life. This 9 step system will give you the tools you need to maximize your profits, maintain control, and reduce the stress that comes with the homeselling process:
1. Know why you’re selling, and keep it to yourself.
The reasons …
Friday, June 15th, 2012
Matthew Sipera is a Real Estate Expert with Horner Baker Partners. He talks about Bank of America new Short Sale Relocation Program. Call Matthew Sipera at 678-828-4408 or visit www.ShortSaleGA.com to discuss your options.
Friday, June 8th, 2012
In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.
The act has helped many distressed homeowners find solutions that help them avoid …
Wednesday, May 16th, 2012
Bank of America has announced a new Short Sale Relocation Assistance Program for a limited time in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 – $30,000 in relocation assistance and owe no more on their mortgage with the …
Wednesday, April 25th, 2012
“”It’s critical that you make the right decision about who will handle what is probably the single largest financial investment you will ever make.”“
Not all real estate agents are the same. If you decide to seek the help of an agent when selling or buying your home, you need …
Wednesday, April 18th, 2012
The Top Selling Communities in South Forsyth High School district listed between $200,000 to $400,000 from the time period of 06/01/2011 thru 01/01/2012 according to REDataCenter Inc are:1) Mristone2) Shiloh Farms3) Jamestown4) Wallace Run5) Majors Mill Crossing6) Blackstock Mill7) Northern Oaks8) Stonecrest at Johns Creek9) Longlake10) Chattahoochee River Club11) James …
Friday, April 6th, 2012
Have you ever wanted to know what the best selling homes in West Forsyth High School have in common? Per REData Inc from 06/01/2011 to 01/01/2012, the best selling homes price range were $200,00 to $300,000 with four total bedrooms, three full bathrooms, and the master bedroom located on …
Friday, March 30th, 2012
The news has been abuzz in the past few weeks about the historic Robo-Signing Settlement reached between the government and five major lenders. The settlement raises lots of questions. But for distressed homeowners, there is only one:
Can this settlement help me stay in my home?
The answer: …
Friday, March 23rd, 2012
If you are looking to buy or sell a home in Cumming, Georgia in the West Forsyth High School district, you should know the following. According to REDataCenter Inc from 06/01/2011 to 01/01/12, homes in the price range of $200,000 to $300,000 sold more often than any other price …
Wednesday, March 7th, 2012
Friday, February 24th, 2012
It can happen quickly.
An expensive car repair, an unexpected hospital visit, a missed week of work – just a few little things and the life you’ve worked so hard to build can feel like it’s tipping dangerously out of balance.
Once the scales turn against you, it …
Thursday, February 2nd, 2012
Freddie Mac started a 12-Month Forbearance for Unemployed starting on February 1, 2012 to help home owners avoid foreclosure. This program is giving mortgage servicers authority to provide six months of forbearance to unemployed mortgage holders without prior approval, and an additional six months (12 months total) with prior approval.
Thursday, January 12th, 2012
Bank of America has reduced the window to submit a short sale backup offer from 14 days to 8 calender days to reduce overall cycle times. Backup offers must now be submitted within these 8 days after the initial offer becomes invalid.
Once a backup offer becomes necessary:
Contact your short sale specialist immediately …
Thursday, December 29th, 2011
Protect yourself from short sale fraud in Georgia by using a Certified Distress Property Expert (CDPE) REALTOR®. Did you know that according to a FBI report 91% of mortgage fraud occurred within the last decade between 2007 and 2010? In these challenging economic times, there are those who are using real …
Wednesday, December 21st, 2011
As we enter into the holiday season, millions of families are fearing foreclosure and not knowing where to turn. More than 25 percent of homeowners in this country owe more on their home than it’s worth in today’s market. Add to that an unacceptable rate of unemployment and underemployment, and …
Saturday, November 26th, 2011
Recent economic upheaval has taken a hefty toll. Looking forward to 2012, it’s impossible to know what’s next and the kind of an impact that an upturn or a downturn at the national level stands to have on your family’s finances.
Regardless of what happens in Washington or …
Friday, November 18th, 2011
As a Realtor® and Certified Distressed Property Expert (CDPE), Matthew Sipera has developed a website providing information describing an alternative for homeowners to avoid the negative financial impact of foreclosure.
This community resource is available at http://ShortSaleGA.com and defines short sales as one of the foreclosure alternatives to homeowners.
The holidays …
Thursday, November 17th, 2011
More HAFA Information
Wednesday, November 9th, 2011
In 2009, the Treasury Department introduced the HAFA program to provide a viable option for homeowners who are unable to keep their homes through the existing Home Affordable Modification Program (HAMP). The HAFA program took effect on April 5, 2010 and ends on December 31, 2012….
Friday, October 28th, 2011
Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal.
But as a real estate professional who is in the trenches with financially stressed homeowners every day, it never for …
Wednesday, October 26th, 2011
Short sales are a terrific option for homeowners struggling with unaffordable mortgage payments. In fact, lenders’ losses due to foreclosure are projected to increase at record rates in 2011, giving them more reason to pursue short sales. Lenders are projected to incur losses as severe as 85 percent in …
Wednesday, October 5th, 2011
5 Steps for a Successful Short Sale
Lenders and the federal government, prompted by the sheer volume of loan modification and short sale requests, have overhauled their systems and programs, making the foreclosure avoidance process much easier than in the past.
If you are considering short selling your home …
Friday, September 30th, 2011
As recently as a few months ago, if you would have told a real estate agent who specialized in short sales that they’d be raving about a lender’s stellar service and rapid approval times—not to mention significant cash incentives for financially strapped homeowners for pursuing a short sale—you’d have …
Friday, September 23rd, 2011
In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth).
Now that more than one in four …
Wednesday, September 21st, 2011
Not if I have anything to say about it!
The FBI reported a jump in mortgage relief fraud investigations from 2008-2010, and expects this number to have grown in 2011.
That’s why it’s my duty to educate homeowners in my community on the cautions they need to take, and …
Friday, September 16th, 2011
A recent study in Nevada found that only 5% of distressed homeowners knew they had alternatives to foreclosure, and only 3% took advantage of them. It was also found the 1 in 4 homeowners chose to “strategically default,” or allow their homes to be foreclosed upon on purpose!
Clearly, too …
Wednesday, September 14th, 2011
You make the call!
I get the question from people all the time: short sale or foreclosure, which is the better option? My knee-jerk reaction is always “Are you kidding? Short sale, of course!” This has been mostly because I was always under the impression that a short …
Wednesday, September 7th, 2011
It’s Not Too Late
Wondering what a homeowner should expect when payments are missed? The most important thing to know is that no matter what stage of default a homeowner is in, there is almost always a way to avoid foreclosure. That being said, the quicker a homeowner …
Friday, September 2nd, 2011
Does it feel like trust is one of the major casualties of the economic meltdown of 2008 – followed by the “Great Recession,” the “Jobless Recovery” and now the threat of a “Double Dip Recession?”
Weren’t we assured that home values were destined to go up and up and …
Wednesday, August 31st, 2011
Yes, Freddie Mac will allow home owners to apply for Home Affordable Foreclosure Alternatives (HAFA) program. However, the home owner will not qualify for HAFA if they already have an offer on their home.
Call Matthew Sipera today who is a CDPE REALTOR® and he can explore all your options when …
Wednesday, August 31st, 2011
Earlier this week, one of my home owners who is selling their home as a short sale was told by Bank of America’s CO-OP program that she did not qualify for their CO-OP program because she had a Fannie Mae investor loan.
As a CDPE REALTOR®, Matthew Sipera can help …
Friday, August 26th, 2011
Today, one of my home owners who is applying for Bank of America HAFA was told that their Property Mortgage Insurance (PMI) company is requiring the home owner to be 60 days delinquent on their mortgage payment before the PMI Company will approve them for HAFA.
As a CDPE REALTOR®, Matthew Sipera can …
Thursday, August 25th, 2011
Yes!! When Bank of America is selling one of their properties as a Short Sale they will contribute closing cost to Buyers. The Bank of America investor guidelines state; Bank of America will ONLY pay for Seller Conribution to Buyer’s Closing Cost for a Buyer purchasing one of their …
Saturday, August 20th, 2011
Whenever I research the latest foreclosure and distressed property statistics, the sheer number of Americans facing the stress of losing their homes amazes me. It is my goal to help as many Georgia homeowners I can by relieving the burden of their mortgages by exploring their options. Knowing that …