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	<title>Visionary Realty News &#187; Foreclosure</title>
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	<link>http://www.visionaryrealtynews.com</link>
	<description>by Visionary Agents. Providing Comprehensive Real Estate Knowledge and Services to Residential Buyers and Sellers.</description>
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		<title>#BOFA sent out nearly 100,000 solicitations to distressed homeowners offering them a chance at a deed-in-lieu transaction</title>
		<link>http://www.visionaryrealtynews.com/2010/07/01/bofa-sent-out-nearly-100000-solicitations-to-distressed-homeowners-offering-them-a-chance-at-a-deed-in-lieu-transaction/</link>
		<comments>http://www.visionaryrealtynews.com/2010/07/01/bofa-sent-out-nearly-100000-solicitations-to-distressed-homeowners-offering-them-a-chance-at-a-deed-in-lieu-transaction/#comments</comments>
		<pubDate>Fri, 02 Jul 2010 01:02:28 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Credit score]]></category>
		<category><![CDATA[Deed in lieu of foreclosure]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Short (finance)]]></category>

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		<description><![CDATA[Recently, Bank of America sent out nearly 100,000 solicitations to distressed homeowners offering them a chance at a deed-in-lieu transaction.]]></description>
		<wfw:commentRss>http://www.visionaryrealtynews.com/2010/07/01/bofa-sent-out-nearly-100000-solicitations-to-distressed-homeowners-offering-them-a-chance-at-a-deed-in-lieu-transaction/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Top 10 Myths About Buying a Foreclosure</title>
		<link>http://www.visionaryrealtynews.com/2010/06/20/top-10-myths-about-buying-a-foreclosure/</link>
		<comments>http://www.visionaryrealtynews.com/2010/06/20/top-10-myths-about-buying-a-foreclosure/#comments</comments>
		<pubDate>Mon, 21 Jun 2010 03:38:52 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Real estate broker]]></category>
		<category><![CDATA[RealtyTrac]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=28462</guid>
		<description><![CDATA[Trulia.com and RealtyTrac recently surveyed U.S. adults to get some insight into what people *think* is involved with buying a foreclosure. Here are the Top 10 Myths that came up, and the facts to set the record straight...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>20 Keys To Foreclosure Investing Success</title>
		<link>http://www.visionaryrealtynews.com/2010/06/20/20-keys-to-foreclosure-investing-success/</link>
		<comments>http://www.visionaryrealtynews.com/2010/06/20/20-keys-to-foreclosure-investing-success/#comments</comments>
		<pubDate>Sun, 20 Jun 2010 21:37:33 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[FHA loan]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Real estate broker]]></category>
		<category><![CDATA[RealtyTrac]]></category>
		<category><![CDATA[Short (finance)]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=28452</guid>
		<description><![CDATA[Is there any way to assure real estate success, to purchase real estate at the bottom of the market, sell at the top and face no risk in between? It would be great to say that the answer is yes, and greater still to have such knowledge, but the central reality of investing is that such certainty does not exist. There's always risk, including the risk of not doing anything and missing an opportunity.

But if it's true no form of investing is risk-free, then it's equally true that there are steps which can be taken to reduce marketplace perils, especially when considering foreclosures, short sales and distressed properties in general.

So what are the keys to foreclosure investing success?]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Frequently Asked Questions on Short Sales answered by my Short Sale partner IFR</title>
		<link>http://www.visionaryrealtynews.com/2010/06/19/frequently-asked-questions-on-short-sales-answered-by-my-short-sale-partner-ifr/</link>
		<comments>http://www.visionaryrealtynews.com/2010/06/19/frequently-asked-questions-on-short-sales-answered-by-my-short-sale-partner-ifr/#comments</comments>
		<pubDate>Sat, 19 Jun 2010 10:44:31 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Listing Presentation]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Selling]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Credit rating]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Market value]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Short (finance)]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=28430</guid>
		<description><![CDATA[Q.  Why do I have to submit a Short Sale package?

A. In short, because lenders require it.  Lenders need to have a compelling reason to work with the seller.  By providing tax returns, bank statements, pay stubs and other forms of household income and expenses along with a detailed hardship letter, the lender has a true an accurate picture of the sellers’ circumstance.  IFR works with sellers to complete a thorough and effective Short Sale package.
Q.  Will a Short Sale hurt my credit?

A. The term “Short Sale” is not reflected on the sellers credit report.  Many times a Short Sale is reported as “Paid-Settled” which will most likely lower the sellers credit rating.  The alternative, however, would be foreclosure which can significantly damage a sellers credit rating for years to come. ]]></description>
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		</item>
		<item>
		<title>Banks Have REO Market Locked Up #realestate</title>
		<link>http://www.visionaryrealtynews.com/2010/05/10/banks-have-reo-market-locked-up-realestate/</link>
		<comments>http://www.visionaryrealtynews.com/2010/05/10/banks-have-reo-market-locked-up-realestate/#comments</comments>
		<pubDate>Mon, 10 May 2010 18:45:42 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Realtor]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Real estate broker]]></category>
		<category><![CDATA[Real estate owned]]></category>
		<category><![CDATA[RealtyTrac]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=25030</guid>
		<description><![CDATA[Nearly two years later lenders are much savvier about selling bank-owned properties, and their newfound know-how is grounded in the basics of supply and demand, which are both heavily impacted by foreclosures in the 2010 marketplace. Sales of properties in some stage of foreclosure accounted for one-third of all sales in the first three months of the year, according to Rea]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FORECLOSURE ACTIVITY INCREASES 7 PERCENT IN FIRST QUARTER</title>
		<link>http://www.visionaryrealtynews.com/2010/05/05/foreclosure-activity-increases-7-percent-in-first-quarter/</link>
		<comments>http://www.visionaryrealtynews.com/2010/05/05/foreclosure-activity-increases-7-percent-in-first-quarter/#comments</comments>
		<pubDate>Wed, 05 May 2010 08:54:49 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Arizona]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[Georgia]]></category>
		<category><![CDATA[Nevada]]></category>
		<category><![CDATA[RealtyTrac]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=24705</guid>
		<description><![CDATA[Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 932,234 properties in the first quarter, a 7 percent increase from the previous quarter and a 16 percent increase from the first quarter of 2009. One in every 138 U.S. housing units received a foreclosure filing during the quarter.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>California Legislature APPROVES tax break for people in foreclosures, short sales</title>
		<link>http://www.visionaryrealtynews.com/2010/04/14/california-legislature-approves-tax-break-for-people-in-foreclosures-short-sales/</link>
		<comments>http://www.visionaryrealtynews.com/2010/04/14/california-legislature-approves-tax-break-for-people-in-foreclosures-short-sales/#comments</comments>
		<pubDate>Wed, 14 Apr 2010 17:44:21 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Tax Issues]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[American Recovery and Reinvestment Act of 2009]]></category>
		<category><![CDATA[Arnold Schwarzenegger]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[California State Legislature]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Tax credit]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=23827</guid>
		<description><![CDATA[The measure, which is expected to be signed by Gov. Arnold Schwarzenegger, would waive state taxes on mortgage debt that has been forgiven in a foreclosure or short sale.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A huge storm cloud hovers over the Golden state&#8217;s high-end real estate market</title>
		<link>http://www.visionaryrealtynews.com/2010/03/20/a-huge-storm-cloud-hovers-over-the-golden-states-high-end-real-estate-market/</link>
		<comments>http://www.visionaryrealtynews.com/2010/03/20/a-huge-storm-cloud-hovers-over-the-golden-states-high-end-real-estate-market/#comments</comments>
		<pubDate>Sun, 21 Mar 2010 02:31:25 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Luxury Properties]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Jumbo mortgage]]></category>
		<category><![CDATA[Los Angeles]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=22844</guid>
		<description><![CDATA[While sales of low-priced foreclosed homes are sparking bidding wars in some areas and there’s talk of healing in California, a huge storm cloud hovers over the Golden state: the high-end real estate market.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>#Realestate Foreclosures</title>
		<link>http://www.visionaryrealtynews.com/2010/02/25/foreclosures/</link>
		<comments>http://www.visionaryrealtynews.com/2010/02/25/foreclosures/#comments</comments>
		<pubDate>Thu, 25 Feb 2010 21:19:52 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Residential]]></category>
		<category><![CDATA[U.S. Housing Market]]></category>

		<guid isPermaLink="false">84C10F43-09A1-4535-8733-78329347003D</guid>
		<description><![CDATA[Foreclosures are still impacting the housing market and this will likely continue through 2010. This Updated Field Guide provides foreclosure information and resources for REALTORS® and their clients, including information for those interested in investing in foreclosed properties.]]></description>
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		</item>
		<item>
		<title>FAQ’s: CONSUMER TIPS FOR WORKING DIRECTLY WITH YOUR LENDER ON A LOAN MODIFICATION</title>
		<link>http://www.visionaryrealtynews.com/2010/02/07/faq%e2%80%99s-consumer-tips-for-working-directly-with-your-lender-on-a-loan-modification/</link>
		<comments>http://www.visionaryrealtynews.com/2010/02/07/faq%e2%80%99s-consumer-tips-for-working-directly-with-your-lender-on-a-loan-modification/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 09:11:43 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Investor Words]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Loss mitigation]]></category>
		<category><![CDATA[Mortgage loan]]></category>
		<category><![CDATA[Mortgage modification]]></category>
		<category><![CDATA[Real estate]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=21556</guid>
		<description><![CDATA[
			
				
			
		
Important advice to anyone planning to contact their lender directly for a loan modification: The key here is to be tenacious. These lenders and servicers (lenders) are large with hundreds, and even thousands, of employees. Whenever you call your lender, you should plan on being on the phone for a long time (figure an hour [...]]]></description>
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