Archive for October, 2010

Tuesday, October 12th, 2010 at 4:56am

Becoming Liable for the Impossible: FMV Certifications in Short Sales

Are sellers, brokers and buyers in a short sale transaction being set up by the big banks? Most lenders routinely require that the seller, listing agent and often the buyer and their agent sign some kind of certification, representation, or declaration/affidavit that the short transaction is being conducted at “fair market value” (FMV) or “market value” […]

Tuesday, October 5th, 2010 at 9:38am

Short Sales Negotiations – A Navigable Quagmire of Agency, Duty and Compensation

Posted by Ron Ballard in Everyone

Until two or three years ago, short sales “negotiation” was the purview of a small niche of real estate agents, attorneys and investors. Depending upon the particular market, real estate agents advise me that anywhere from 30–50% of the properties on the market (which includes properties which are not on the MLS) at any given […]

© 2010-2010 California Short Sale Lawyer™: Attorney Ron Ballard's blog about California short sale laws and procedures