I suggest you give answers to any quiz in the publication. It is a missed opportunity to educate if the reader has to do something else before they get the correct answers. Also a response to a comments or email lets the person who took the time to write know that someone receive it. Thanks.
Thank you for having very useful info to the non-members…it will make my transition easier when I re-activate my license to a totally different market that exists today!
I keep running into sellers of short sales that insist they are taking the ceiling fans,lights,blinds,even the garage door openers I thought this was not allowed. Can soneone please publish something regarding the legality of this.
Per the AZ Republic article regarding a home in Surprise, we are in a gray area of ownership there at the end. One person was arrested because they were able to show ownership by the mortgage company at the time he was removing items from the home.
I’m glad you are giving us this information and I’d like to understand it better. However, everthing I am reading is only telling me that Senate Bill 1271 was repealed. I don’t know what that bill was and how it affected no recourse. Please add something that is easy to find and will explain to your readers.
This is such a great recap. I am still running into a few short sale “specialists” who preach that the investor will be responsible for a deficiency; I guess they need to read the Combs Law Conclusion?
In Elizabeth Hurd’s Short Sale Q&A article the following:
I represent the seller in a short sale transaction. We have received multiple offers on the property. Must we submit every offer to the lender?
A: No. All accepted offers must be submitted to the lender. So, once the seller has accepted an offer, it must be submitted to the lender. Unless otherwise prohibited, the seller may accept subsequent offers as backup offers. However, once accepted, these backup offers must be submitted to the lender as well.
This answer is self-conflicting. Are you sure Elizabeth didn’t mean to answer that all offers must be submitted to the SELLER?
February 2nd, 2009 at 7:57 pm
The site looks really good… I’ll definately be coming back!
February 13th, 2009 at 3:44 pm
Great Job!
May 29th, 2009 at 7:23 pm
Good article, Thanks. my name Philip.
May 31st, 2009 at 3:48 pm
Where are answers to June Quiz?
Thanks Pat Lynn for your comment. Follow this link for the answers http://aarnews.com/2009/06/qa-short-sales-foreclosures-and-loss-mitigation/
June 4th, 2009 at 3:42 am
hmm.. attractive.
Regards, mov
June 4th, 2009 at 1:57 pm
Very curious topic
June 4th, 2009 at 4:11 pm
Hi, Congratulations to the site owner for this marvelous work you’ve done. It has lots of useful and interesting data.
June 5th, 2009 at 8:29 am
Excellent information — is there a print button somewhere on the page that will consolidate the info?
June 5th, 2009 at 7:38 pm
Good, interesting article, but where took information?
June 9th, 2009 at 5:02 am
Quite
June 22nd, 2009 at 9:07 am
I suggest you give answers to any quiz in the publication. It is a missed opportunity to educate if the reader has to do something else before they get the correct answers. Also a response to a comments or email lets the person who took the time to write know that someone receive it. Thanks.
June 24th, 2009 at 9:00 pm
I think i’ve seen this somewhere before…but it’s not bad at all
July 2nd, 2009 at 10:47 pm
Thank you for having very useful info to the non-members…it will make my transition easier when I re-activate my license to a totally different market that exists today!
July 9th, 2009 at 3:00 pm
Just received the last issue/ online resource guide. Well done! I dig it.
July 16th, 2009 at 9:59 am
I keep running into sellers of short sales that insist they are taking the ceiling fans,lights,blinds,even the garage door openers I thought this was not allowed. Can soneone please publish something regarding the legality of this.
Thanks
July 23rd, 2009 at 9:51 am
Per the AZ Republic article regarding a home in Surprise, we are in a gray area of ownership there at the end. One person was arrested because they were able to show ownership by the mortgage company at the time he was removing items from the home.
July 30th, 2009 at 9:56 am
You can find your answer to this question here:
http://aarnews.com/2009/06/qa-short-sales-foreclosures-and-loss-mitigation/
Scroll down to the last question, “Is a foreclosed home owner allowed to remove appliances from the home after foreclosure?”
Thank you!
August 3rd, 2009 at 11:00 pm
I should email you about it.
September 6th, 2009 at 7:48 am
I’m glad you are giving us this information and I’d like to understand it better. However, everthing I am reading is only telling me that Senate Bill 1271 was repealed. I don’t know what that bill was and how it affected no recourse. Please add something that is easy to find and will explain to your readers.
September 14th, 2009 at 8:22 am
This is such a great recap. I am still running into a few short sale “specialists” who preach that the investor will be responsible for a deficiency; I guess they need to read the Combs Law Conclusion?
February 1st, 2010 at 3:04 pm
It would be great to have an RSS Feed for new posts to the Legal Hotline Pages like you have for this page.
February 1st, 2010 at 3:58 pm
Thanks for your feedback, Jon. It’s a great idea. Let me see what we can do. Stay tuned.
Sage Dillon
AAR Communications Manager
602-248-7787
March 7th, 2010 at 8:57 am
In Elizabeth Hurd’s Short Sale Q&A article the following:
I represent the seller in a short sale transaction. We have received multiple offers on the property. Must we submit every offer to the lender?
A: No. All accepted offers must be submitted to the lender. So, once the seller has accepted an offer, it must be submitted to the lender. Unless otherwise prohibited, the seller may accept subsequent offers as backup offers. However, once accepted, these backup offers must be submitted to the lender as well.
This answer is self-conflicting. Are you sure Elizabeth didn’t mean to answer that all offers must be submitted to the SELLER?
March 8th, 2010 at 1:13 pm
Good catch, Larry! We’ll make the edit in the text directly. Thank you for pointing that out.
Sage Dillon
AAR Communications Manager
602-248-7787