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  • Short Sales, the good the bad and the ugly

    So, what is a short sale? A short sale is a way of selling your over encumbered property. Many people find themselves with property that they purchase in 2004-08 at market price and now find that they actually owe more than what it’s worth. Most have seen a significant drop in value.  So what are your ...
    Posted to Luis Pezzini (Weblog) by 478114 on July 21, 2009
  • Will Foreclosures ever go down?

    Will Foreclosures Ever Go Down? Is the housing market getting better?  Are foreclosures going down?  Well, it depends on how you want to look at the numbers.   In California, foreclosures were at 31.9% in May, which was down from the 35% rate in April, better but not quite over the hump.  In Green Bay, WI, the June ...
    Posted to Luis Pezzini (Weblog) by 478114 on July 6, 2009