Archive for the ‘Everyone’ Category

Tuesday, April 27th, 2010 at 9:24am

Legitimate Investor Flips Reduce Loan Losses

Posted by Ron Ballard in Brokers and Agents, Everyone, Investor Buyers

As the saying goes, “if all you have is a hammer, everything looks like a nail.” The gist is that one’s view of solutions is biased toward one’s window on the world. A fraud investigator may think of business in terms of losses, often neglecting to check off each element for a claim of fraud before allowing an article about it. A […]

Monday, April 26th, 2010 at 3:05am

TARP Inspector “Flopping” Fraud Warning

Posted by Ron Ballard in Brokers and Agents, Everyone, Investor Buyers

The latest “emergency news” flashing across the Internet is about the TARP (Troubled Asset Relief Program) SIG (Special Inspector General) Report to Congress warning about Property “Flopping” Fraud. “Flopping” is not a misspelling, so add it to your spell checker. Before more people start blogging (and offering new training programs designed to “solve” the new […]

Thursday, April 22nd, 2010 at 1:31am

Short Payoff Fraud Webinar Replay Links

Tuesday, April 20, 2010 has probably set a record for webinar content on a single topic on a single day: the Freddie Mac news article discussing a concept of  “Short Payoff Fraud.” Anyone who considers him/herself a serious real estate professional (real estate agents, brokers, investors, title, escrow, etc.) should conduct serious study about this issue. […]

Monday, April 19th, 2010 at 9:27pm

Thinking About “Disclosure Chaos”

Posted by Ron Ballard in Brokers and Agents, Everyone, Investor Buyers

I’ve been thinking about the chaos that could be created if the disclosure of all pending offers a short sale investor receives were to become the law of the land. Keep in mind, I don’t believe it is the current state of the law and I don’t believe it would be good policy for it […]

Monday, April 19th, 2010 at 7:37pm

Webinar Wrap-Up on 4/20 at 4PM Pacific

Posted by Ron Ballard in Brokers and Agents, Everyone, Investor Buyers

If you can’t make either of the earlier webinar opportunities on Tuesday, April 20, I’ll be giving a “wrap up” webinar hosted by Cory Boatright at 4PM Pacific (7PM Eastern). We’ll cover the various developments and thoughts that have been presented throughout the day. Register at https://www2.gotomeeting.com/register/615006378 Cory’s comments are found at http://shortsalefundamentals.com/blog/2010/04/19/freddie-mac-short-sale-illegal/ I know, it’s […]

Monday, April 19th, 2010 at 2:52pm

The Three Lawyers Webinar 4/20 Noon Pacific

Posted by Ron Ballard in Brokers and Agents, Everyone, Investor Buyers

“The Three Lawyers:” You’ve heard of the “Three Amigos” and the “Three Tenors,” now there’s the “Three Lawyers.” Chris McLaughlin, Jeff Watson and I will have a webfest on Tuesday, 4/20 at 3PM Eastern (Noon Pacific) [right after Jeff’s own webinar –hope his voice holds up].  You’ll get three points of view about the recent Freddie Mac […]

Monday, April 19th, 2010 at 9:28am

Watson Webinar on Tuesday 10AM Pacific

Obviously, there’s questions about the recent Freddie Mac article about “short payoff fraud.” I’ll be posting more, participating in webinars, and getting involved with direct government contact in concert with other key players in short sale investing (much of which likely will be behind-the-scence, so don’t get anxious when you don’t hear about them). As […]

Saturday, April 17th, 2010 at 3:52pm

Freddie Mac Article No Reason to Panic

I wasn’t going to write about the April 12 Freddie Mac online article about “Short Payoff Fraud” for several days because it is so fraught with misstatements and misunderstandings that it’s my humble opinion that it will be modified and clarified soon. However, I have received too many inquiries from nervous real estate investors and […]

Wednesday, April 14th, 2010 at 10:16am

California Extends Mortgage Debt Forgiveness

Mortgage Forgiveness Debt Relief Extended – (Reprint from Ca. Franchise Tax Board) [Please register or login if you cannot read the whole article. ] On April 12, 2010, SB 401, the Conformity Act of 2010 was enacted. It allows taxpayers who had all or part of the loan balance on their principal residence forgiven by their […]

Tuesday, March 30th, 2010 at 10:24am

Webinar Wednesday 3/31: Navigating the Paperwork Maze

Posted by Ron Ballard in Everyone

On Wednesday March 31, Justin Lee is interviewing me about “Navigating the Maze of Contract Paperwork” in short sale investing.   This will cover general, national issues and use California specific examples to benefit investors in California and across the country.   The California DRE announcement last week makes proper disclosure and compliance even more […]

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