Friday, November 12, 2010

DDP AND DDF....OH MY!!!

ARE YOU UP TO DATE WITH THE NEW PURCHASE CONTRACT????

Don't be the first one to be "frightened" at the thought of a DUE DILIGENCE PERIOD and DUE DILIGENCE FEE!! Educate yourself on the NEW PURCHASE CONTRACT that is to be used with NO ADJUSTMENT PERIOD starting January 1, 2011. This is definitely a contract to study up on as it may change the way you interact with your lender's and settlement agents.

If you have not already signed up for a course on this new contract, give Shara at Law Avania a shout to get set in the right direction.

This class would be of GREAT BENEFIT to your lender contacts and associates as well. Don't hesitate to forward this information so that they can be aware.





Monday, November 8, 2010

CHANGES IN SHORT SALES


Recent Changes in Short Sales Impacting Real Estate Professionals. Law Avania Steps Up To Meet New Challenge.

It has been just over a year that Law Avania made the decision to set up a process to assist listing agents and their clients in navigating through the short sale process. Over the course of the year, Law Avania has modified their process to try and keep up with all the changes instituted by the Federal Government, the big service lenders, FHA and Fannie and Freddie Mac. The results have been mixed; LawAvania has been able to assist a number of family’s successfully completing the short sale process; Other situations have proven much more frustrating for all involved.
The mixed results, along with more changes to both the short sale approval process and the changes in the foreclosure process, have prompted Law Avania to reexamine their process and to under go necessary changes.

Law Avania is pleased to announce our new partnership with Superior Short Sale Services. Ross Lanford and his team of professionals have a proven track record over the past two years of UNMATCHED success in getting short sales approved in an efficient, timely manner.

The partnership creates a team of professionals that will allow Law Avania to focus on the legal requirements of short sales including performing and reviewing title searches, attending foreclosure hearings, advising clients regarding deficiencies and tax liabilities, and eliminating liability for the listing agent, and allows Superior to utilize their skill and knowledge to gain lender approvals.

Take time today to contact Law Avania to see how you can take advantage of this process to grow your own business.