(EMAILWIRE.COM, September 14, 2009 ) Miami, FL – Jodi Funke, a transactional lender, works with real estate investors handling short sales transactions. Her expert team of real estate professionals, real estate attorneys and title companies can provide the resources needed to perform double closings....more
(EMAILWIRE.COM, September 14, 2009 ) Detroit, MI -- Seasoning requirements are restrictions placed on real property requiring ownership of 6-12 months before it can be sold. This is a turn-off for lenders; they may not want to fund the second part of a double closing because they are concerned with...more
(EMAILWIRE.COM, September 14, 2009 ) Portland, OR – Real estate investors who negotiate short sales on pre-foreclosures have noticed how much more difficult it is to close deals and make a profit today. Many vacant homes are being sold for pennies on the dollar, so it should be pretty easy to make...more
(EMAILWIRE.COM, September 14, 2009 ) Atlanta, GA – As the market continues to be flooded with foreclosures; mortgage guidelines become stricter and real estate closings have become more complex. This puts a lot of pressure on home buyers, sellers, real estate investors and mortgage brokers. Relatively...more
(EMAILWIRE.COM, July 20, 2009 ) Florence, KY – Jodi Funke is a transactional lender who specializes in short sales and back-to-back closings. Jodi spoke at a recent real estate investors network meeting; the topic was “property flipping.” Jodi defined property flipping, “Property flipping is a...more
(EMAILWIRE.COM, July 20, 2009 ) Florence, KY – Jodi Funke joined a panel of experts at a recent workshop for beginning real estate investors to answer questions about short sales. Jodi explained what happens when a short sale occurs, “The bank agrees to accept less than the full balance due on the...more
(EMAILWIRE.COM, July 16, 2009 ) Portland, OR – Real estate investors who work with pre-foreclosures and short sales have noticed how much more difficult it is to close deals and make a profit today. With the wide selection of vacant property being sold for pennies on the dollar it should be pretty...more
(EMAILWIRE.COM, July 16, 2009 ) Atlanta, GA – The market is flooded with foreclosures; mortgage guidelines have tightened and real estate closings have become more complex. This has put a lot of pressure on home buyers, sellers, real estate investors and mortgage brokers. Few people today are buying...more
