I was speaking with a few of my brethren in the real estate business around the country and the conversation centered on ‘short sales.’

Shorts sales are not treated the same in every state. For instance you can close a short sale much faster in Georgia than Colorado.

There are misconceptions about every business or trade, so real estate is not immune. Over the last several years, I have heard plenty of misconceptions about buying, selling, investing, or practicing real estate.

Is it possible to have two FHA mortgages without jumping through a lot of hoops? Maybe.

Recently, the Federal Trade Commission came out with the Mortgage Assistance Relief Services Rule, also known as the M.A.R.S rule for real estate agents.

Here we are, only three weeks into the New Year and already my phone is ringing off the hook with that old familiar question, “Dan, what is the real estate market going to do this year in Denver?”

HUD has issued the following guidelines (ML 09-52) for a homeowner who wants to obtain a FHA mortgage after a short sale or short payoff

Unfortunately the subject of which has a greater impact on credit scores, a short sale or a foreclosure, comes up frequently.

It’s time to ring in a New Year and for many people, this could mean a lot of things. For me, it always symbolizes a fresh start and a new beginning.

Many HOA’s are in financial trouble because of foreclosures, short sales and the economy. The HOA’s are passing along higher fees and special assessments on to current home owners within a community.