KW Defaults Digest
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KW Defaults Digest

Archive

Dive into a collection of past posts and rediscover timeless content.

Short sales

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Short sale or equity? How to check if a sale will cover the mortgage

Oct 29, 2026

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6 min read

Short sale or equity? How to check if a sale will cover the mortgage

For agents with a seller behind on payments: estimate what a sale will leave after selling costs, the loan payoff and other liens.

Foreclosure

What to ask a homeowner who's behind on payments: 5 steps for the first call

Oct 29, 2026

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11 min read

What to ask a homeowner who's behind on payments: 5 steps for the first call

Learn what to ask on a first call with a homeowner who's behind on the mortgage. Five steps, sample words and what never to say. A guide for agents.

Foreclosure

How Does Foreclosure Work? 6 Stages and What Changes by State

Oct 29, 2026

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10 min read

How Does Foreclosure Work? 6 Stages and What Changes by State

Learn how foreclosure works in six stages, what changes by state and how to check where a home stands in the process. A guide for real estate agents.

Short sales

How Does a Short Sale Work? 7 Steps for Real Estate Agents

Oct 29, 2026

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11 min read

How Does a Short Sale Work? 7 Steps for Real Estate Agents

This guide breaks a short sale into 7 steps. See what happens at each one, who's involved and how to tell a step is really done, from first call to closing.

BPOs

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Test your phone before you take property photos

Oct 29, 2026

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3 min read

Test your phone before you take property photos

For agents who take property photos: a quick phone and upload test to run before a visit, plus fixes for common photo problems.

Heidi Skinner
Heidi Skinner

Foreclosure

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3 default real estate terms agents mix up, and why it costs them

Oct 29, 2026

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1 min read

3 default real estate terms agents mix up, and why it costs them

For agents who want REO and short-sale work: the word mistakes asset managers notice and a 272-term pocket deck to practice with.

Short sales

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Ready for default referrals? A 4-point self-check for agents

Oct 28, 2026

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4 min read

Ready for default referrals? A 4-point self-check for agents

For agents weighing short-sale, REO or corporate referrals: check your coverage area, follow-through time, pricing reasoning and updates first.

Listing Opportunities

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REO listing agent duties: occupancy, reports, vendors and expenses

Oct 28, 2026

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4 min read

REO listing agent duties: occupancy, reports, vendors and expenses

For agents new to bank-owned listings: the work an REO assignment can include before you list, during the sale and after closing.

Listing Opportunities

+1

Listing on Hubzu and the MLS at once: what to settle with your seller first

Oct 28, 2026

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4 min read

Listing on Hubzu and the MLS at once: what to settle with your seller first

For listing agents: when an online auction can help a quiet MLS listing, how the reserve works and how to keep both listings in sync.

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KW Defaults Digest

Practical lessons for agents who work defaults: REO, BPOs, short sales and pre-foreclosure, plus live training recaps.

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