In this weeks show we say good-bye to a loved family friend. On Thursday I attended a memorial service for Michael Heavyside. The world is poorer for his loss and I hope we all take the time to reflect on the people in our lives that we would miss when they are gone.
We also take a look at the latest news. We also have some fresh off the presses info from my inside source in the Bank of Americas short sale and borrower to tenant programs.
There have also been some indications in the economy at large that things are slowing down. We will look at those items and see how they would likely effect the real estate world.
Short sales are outnumbering foreclosures. This is actually good news and it is starting to look like banks are starting to realize how stupidly they have been shooting themselves in the foot regarding short sales – and it only took about 3 years for them to figure it out!
Also the folks at FHFA have issued some short sale approval guidance.
Check out this weeks show for all that and more