Loan modification, foreclosure defense, short sales and other strategies for the burdened homeowner

Tag Archives: Benefit

A Ninth Common USA Short Sale Myth: A Deed In Lieu is not a foreclosure and therefore does not harm my credit like a foreclosure would

USA – A Deed-In-Lieu is often called a “friendly foreclosure.” A Deed-In-Lieu is basically the foreclosure equivalent of a plea bargain. The biggest beneficiary of a Deed-In-Lieu is the bank. They get a faster, easier foreclosure. But, what do you, the homeowner, get? Click here to discover how other sellers successfully did a short sale… Continue Reading

Common USA Short Sale Myth: Short Sales Are Difficult And Banks Never Approve Them

USA – The Stop Foreclosure Institute recently talked to a homeowner whose home had been sold on the courthouse steps. We asked if she had considered selling the home as a short sale. “I did, but I heard that short sales are difficult and not worth trying. My friend told me that the banks never… Continue Reading

Introduction To Loss Mitigation Concepts Course-Lesson 2- Short sale benefits and drawbacks

Today I want to go over the question: Is a short sale right for you? Today will be a little shorter than yesterday, and I’m not going over so many options. I’m just going to cover pluses and minuses of doing a short sale. The benefits of a short sale are the following: Short sale… Continue Reading

Short Sale E-Course- Segment 19: Follow up on alternative ways of collecting money

Variations on rebate method I promised to go into a further discussion of some of the non-recommended variations of collecting money in a short sale process, there’s a lot of ways to do it. Real estate is complicated and there’s so many ways to make money in real estate. In general you’re slightly more limited… Continue Reading

Short sale… Gods gift? or curse?

Is a short sale right for you? Today will be a little shorter than yesterday, and I’m not going over so many options. I’m just going to cover pluses and minuses of doing a short sale.