I actually enjoy Bank of America short sales is a post from: Tempe Real Estate - Short Sale Agent

People love to rip Bank of America short sale department as being the worst. I myself have done some videos on the subject saying the same. But the truth is they are now probably the most improved. I recently talked to a lady looking to short sale her Tempe house and she was shocked when I said I was looking forward to Bank of America deals.

Now every deal is different, but their times have been greatly improving. Just this last week I got approval on a deal in only 22 days. Bank of America deserves praise for what they have done to improve things and let’s hope they keep it up.

Is the bank to be blamed when a short sale is declined? is a post from: Tempe Real Estate - Short Sale Agent

That short sale should have been approved, both agents know it, the buyer the seller, they all know it. Yet it wasn’t. Who’s fault is it? The banks right? Not always, often it is the listing agents fault.

I recently had a buyer interested in a house that was a short sale on the market for $146,000. The listing agent submitted a full price offer to the bank and started negotiations. It wasn’t long before the bank declined the offer and the deal went to foreclosure.

After the foreclosure costs, and the carrying costs for over a month and listing it with an asset manager, the house was finally listed on the market for $136,000. So why did this happen? Most likely the agent heard “no” when they should have heard “know.” The bank obviously did not know enough information to make an informed decision.

There are many things that could effect this, but in 9 out of 10 cases the agent should be able to fight this and get this house sold. I will discuss more about setting the tone with the BPO in my next video.

Solving the housing crisis in under two minutes, with no taxpayer money. I’m not a rocket scientist, but I did stay at a Holiday Inn Express once is a post from: Tempe Real Estate - Short Sale Agent

Video 72: Tempe real estate agent Dean Ouellette does in a video less than two minutes long what the President and Congress have been unable to do with billions, if not trillions of dollars and over a year of work, solves the housing crisis. In a easy two step plan, that involves none of your money (it’s not the governments money) we make houses more affordable for those way upside down and put recent homeowners who suffered a foreclosure back on the market. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.

Dean Ouellette rants about government spending, short sales, TARP and our money, not theirs is a post from: Tempe Real Estate - Short Sale Agent

Video 69: The government likes to tell people how they are spending their money to help people, to help secure the housing market and to help with things like loan modifications and short sales. First part of the rant… it is not their money, they have no money, the government only has money by taking it from you, your friends, your family and myself. And what they are doing with the TARP money is making life miserable for many of those they have taken the money from. If you are doing a short sale the money you are paying for the housing assistance may be the same money that is preventing your short sale. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.

Is it true that a short sale is easier to get approved now and quicker too? is a post from: Tempe Real Estate - Short Sale Agent

Video 45: So I got an e-mail asking if a short sale is easier to get approved now, and quicker too. Well the reason there are so many more Tempe short sale listings on the market these days is because it is easier to get short sales approved. But the problem with more listings and more deals getting approved is the banks are not hiring more loss mitigation specialists so they are still taking as long and even longer in some situations. If you have a lender like Wachovia, there may be some special programs to get get your short sale approved quicker, but for most lenders, no it is still taking a good solid three months. I would love to hear your thoughts or any questions you may have about short sales, you can leave a comment or e-mail me Dean Ouellette.

Why do I shoot most of my videos from the car? is a post from: Tempe Real Estate - Short Sale Agent

Video 39: So why do I do a lot of my videos from my car? It is the same as anyone else doing videos from their office chair, this is where I spend most of my time and it is easy to do it between appointments. If you have any other ideas I would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.

Another great reason to move to Tempe AZ: No daylight savings time is a post from: Tempe Real Estate - Short Sale Agent

Video 29: Another great reason to live in Tempe AZ, there are no changing of the clocks every six months. Some day the rest of the country will catch up and move to the 21st Century, until then you can always move to Tempe if you are sick of changing clocks. Other things you need to know before you move to Phoenix. For more information you can leave a comment or e-mail me Dean Ouellette.

A 50% return on your real estate investment when the market has dropped 50%? is a post from: Tempe Real Estate - Short Sale Agent

Video 27: So you purchased a new house or condo in Tempe in 2006 at the height of the market, and now you want to sell it and make a 50% return when the market has dropped 50%? Are you crazy? If you want to discuss this or the Tempe real estate market you can leave a comment or e-mail me Dean Ouellette.

Phoenix housing market, is it going up or down? Don’t get confused by the facts is a post from: Tempe Real Estate - Short Sale Agent

Video 25: According to statistics over the last six months the Phoenix housing market has been slowly recovering up 12% since April. But one report recently has the projections of the market dropping 23% in the next eight months. I think I figured out who they came up with the number. You can see the story on the report from Channel 15. If you want to discuss the Phoenix real estate market you can leave a comment or e-mail me Dean Ouellette.

Can I use an FHA loan on a Tempe Condo or Phoenix Condo? is a post from: Tempe Real Estate - Short Sale Agent

Video 20: Can you use an FHA loan on your Tempe Condo or Phoenix Condo purchase? Answer depends on the condo development. Leave a comment or e-mail me your thoughts Dean Ouellette.