Category Archives: Uncategorized

REO Fraud: A Study In How NOT to Flip an REO

So I have been playing around with a new feature added to Property Shark: Deep Owner Search.  You can type in a person’s name, a corporation name or an address and see what properties are associated with that information.  From there, you can also search that person’s associates and so forth. Since I have practiced [...]

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Social Media for the Real Estate Professional: Virtual REBar Camp!

On January 4th, VREBC is hosting its all-day, “FREE” 2nd Edition of the Virtual Real Estate Bar Camp.  This is most definitely a “must attend” event for all real estate professionals who want to add social media skills to their repertoire.
Who Should Come?
RE BarCamp welcomes real estate industry related people, including real estate agents, real [...]

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Team Up to Fight Childhood Cancer & Support Education: Math-A-Thon

My son, Matt Desio, is a 4th Grader at Meadow School in Baldwin, NY.  He is participating in a fundraising Math-A-Thon to make it possible for St. Jude to treat childhood cancer patients regardless of a family’s ability to pay.
The benefits of Math-A-Thon add up to help a good cause. Matt will:

improve math and comprehension [...]

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A Time to Give Thanks: What Are You Thankful For?

It is Thanksgiving Eve, I am at a beautiful resort in Turks & Caicos with my family and I wanted to take a moment to reflect on what I am thankful for.
I am thankful for my husband, Danny, who has shown me this year that I can lean on him and he will [...]

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‘Tis the Season to Give Back

It is that time of year, when the trees are stripped bare, there is a nip in the air and we are reminded that winter is almost here.  Thanksgiving is right around the corner and the planning is already underway in most American homes for a turkey dinner with all the trimmings (well, for most, [...]

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Why Retain An Attorney for a Real Estate Transaction? Ask Maria Espinosa

CNN recently posted a video on their website detailing the “shocking” story of a woman who paid her mortgage but whose home is being foreclosed upon, jumping on the fraud bandwagon and telling the stories of homeowners preyed upon by the real estate & banking industry. The video leaves out more than it tells, in [...]

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Group of Seven Buys Indymac – Back in the Saddle Again!!!

Austin Kilgore | 01.05.09
Billionaire George Soros and Dell Inc. founder Michael Dell are part of a seven-member investor consortium that will purchase IndyMac Bank for $13.9 billion, according to an Associated Press report.
The report said the investors have formed a partnership called IMB Management Holdings LP, that includes MSD Capital, Dell’s investment firm, private equity [...]

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Streamlined Loan Modifications – FHFA Announces Successful Implementation but in the end will it be enough???

Fannie Mae and Freddie Mac are touting their streamlined loan modification implementation with the hopes of keeping more people in their homes and bringing more loans to performing status. Is it enough? Is it going to work? With more and more homes losing value and homeowners being upside down in their homes, I believe without [...]

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IRS Tax Lien Stopping your Refinance or Sale? No More!

The IRS's willingness to subordinate or even release Tax Liens is monumental and will provide relief to those homeowners trying to refinance or sell their properties to get out from under their often bone-crushing debt.  I cannot tell you how many closings have been postponed or adjourned indefinitely because of an IRS Tax Lien popping [...]

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