USA – One large, national bank requires that all home buyers trying to buy a short sale give them their credit information before they make an offer on the house. They are asking for the buyer’s social security number and pulling their credit report. Why are they doing this? But, more importantly is it legal?… Continue Reading
USA – A Short Sale can help you avoid owing your bank for losing money when they reject a short sale offer. Here is an example of how a bank lost money by delaying the short sale process. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. We listed… Continue Reading
USA – Some people don’t know why they should bother with a short sale. “I’ll just let the bank foreclose. A short sale isn’t worth the aggravation”, they tell us. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. There is one simple reason I would prefer to short… Continue Reading
USA – In 2010, an agent I know talked to the person at Bank of America in charge of the Loss Mitigation Department. He was the top manager in the department that handles short sales, loan modifications, and foreclosures. He contacted this agent because agents were banding together to educate the public on the mistakes… Continue Reading
USA – You can hire a real estate agent if you want to, but it’s not a necessary step to get preapproved for the short sale. I help my sellers get preapproved but not every short sale agent offers this type of service because we don’t get paid to do it Click here to discover… Continue Reading