Avoiding Preventable Foreclosure – Making Homes Affordable Program
February 18, 2010 by Victoria Stankard · Leave a Comment
There is government help available for homeowners in financial distress who are having trouble making their monthly mortgage payments. Borrowers that are current on their mortgage (not more than 30-days late on their mortgage payment in the last 12 months), but are having difficulty making their monthly payments on time, or have fallen behind one or [...]
Commercial Real Estate Delinquencies & Defaults on the Rise
February 1, 2010 by Victoria Stankard · Leave a Comment
Although the U.S. housing market is showing glimmers of recovery, the commercial real estate sector is another story. The weak economy, rising unemployment rate, falling real estate values and more stringent than ever underwriting standards have made refinancing much more difficult for commercial real estate property owners. Phillip F. Blumberg, chairman of Blumberg Capital Partners, says [...]
Quickening the Short Sale Process with Standardization
January 27, 2010 by Victoria Stankard · Leave a Comment
There has been much caviling in the past few years from homeowners and realtors about inconsistencies and the time it takes to process a short sale. Lack of Short Sale Standardization In response to the situation, the National Association of Realtors® (NAR) created a task force to address the the lack of standardization from one lender [...]
Short Sales in Charlotte NC
October 5, 2009 by Victoria Stankard · 2 Comments
When a homeowner falls behind on their mortgage, a short sale can be a viable option in lieu of foreclosure on their Charlotte, NC property. In today’s tough economic times, foreclosures are happening in every city and state. Short sales have become a possible alternative. A short sale is when a lender agrees to accept less than the [...]
Leigh Brown, aka The Real Estate Diva, is a native of Concord NC in the Charlotte area. She grew up on a farm at the edge of Cabarrus County, still goes to the same church she grew up in (home of the world famous Mallard Creek Barbecue!), but has become a leader in area real estate through constant learning and continually upgrading technology to better serve buyer and seller clients. Leigh does indeed have a reputation as a barracuda-when it comes to protecting client interests. Her softer side is reserved for her husband and two kids who provide a constant source of joy-and entertainment
