REOCON 2013: An update on short sale and REO trends | HousingWire

REOCON 2013: An update on short sale and REO trends | HousingWire

3 Reasons Why Realtors Need a Good Negotiator

Now that the real estate market is looking to flatten out and it has reached it's rock bottom, lenders are looking to get rid of all of the shadow inventory clogging the foreclosure pipeline.

For the first time in over four years, the loss mitigation departments at the lenders and servicers are starting to streamline the short sale process and take offers below what they are owed. This means millions of properties are going to come into the real estate market. This is good for buyers and realtors.

Boost Your Credit Score in 30 Days by Doing This

It is important to review your credit report for inaccuracies in any of these four identifying factors. Any mistake can adversely affect your credit score. Some common mistakes found in credit reports are:

Misspelled first or last name - This can cause the credit bureau to pick up the information of another person’s report. Make sure that your first, last, and even middle name is spelled correctly.

Improper suffix – This is a common mistake among men who are named after their father. Make sure that your credit report has you listed as a Junior or Senior so that you don’t get reported as your father or son.