Tag: Chapter 13 Bankruptcy | Stop Foreclosure Foundation

Introduction To Loss Mitigation Concepts Course-Lesson 4- 15 ways to delay foreclosure

Posted on November 2, 2010 by admin • 0 Comments

Today we’re going to be talking about ways to extend the time you have in foreclosure. I’ve come up with over 15 different ways to delay foreclosure. If, for some reason, you found one that I haven’t included, fill in the feedback down at the bottom of this page to let me know. I’m going… Continue Reading

Filed Under: Selling my house

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

Posted on October 31, 2010 by admin • 0 Comments

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

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

Introduction To Loss Mitigation Concepts Course- Lesson 1- Options: Selling Your House

Posted on October 29, 2010 by admin • 0 Comments

Lesson 1 Options: Selling your house If you have chosen to move you have plenty of options. You may want to use a delay option along with any of the move options to facilitate a sale and to facilitate your move. A note regarding litigation which I mentioned in two of the previous strategies,… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

Introduction To Loss Mitigation Concepts Course- Lesson 1- Options: Delaying Foreclosure

Posted on October 29, 2010 by admin • 0 Comments

Lesson 1 Options: Delaying foreclosure Let’s cover some of the strategies for delaying foreclosure. There are many different ways to delay a foreclosure and I recommend that you combine these strategies along with a stay in your house strategy or a move out of your house strategy that I have. Delaying can be necessary when… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure

Introduction To Loss Mitigation Concepts Course- Lesson 1- Options: Staying in House

Posted on October 29, 2010 by admin • 0 Comments

Lesson 1- Options: Staying in house Let’s start with your options for staying. Some of these options are obvious: My foreclosure option #1- Catch everything current- you can cure the default and catch everything current. That’s an option if you have money. I’m assuming that you wouldn’t have gotten in the situation if you… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure

Short Sale Your House & Get Paid E-Course- Segment 18: Negotiating, Acceptance Letter, Closing and Conclusion

Posted on October 21, 2010 by admin • 0 Comments

Negotiating multiple liens What if there are multiple liens and you need to negotiate with multiple lien holders, how do you do that? The problem when you’re dealing with multiple liens is that the first mortgage will not approve a short sale unless all junior liens receive no more than a total of $1000. However, if you’re… Continue Reading

Filed Under: Delaying foreclosure, Keep my house, Misc. Foreclosure, sell, Selling my house

Short Sale Your House & Get Paid E-Course- Segment 17: Negotiating the Acceptance Letter and Closing- continued

Posted on October 20, 2010 by admin • 0 Comments

Shifting cuts and using email A couple extra tips on top of your negotiation: Many concessions can be passed on to the buyer or buyer’s agent. For instance, the bank may set your agents’ limit to 5%. You can go to the agent that’s representing the buyer and let them know that the bank is requiring… Continue Reading

Filed Under: Delaying foreclosure, Keep my house, Misc. Foreclosure, sell, Selling my house

Short Sale Your House & Get Paid E-Course- Segment 16: Negotiating the Acceptance and Closing

Posted on October 16, 2010 by admin • 0 Comments

Loss mitigator basics At some point when negotiating an acceptance letter and bringing your short sale to a successful close, you’re going to talk with an actual decision maker, an actual loss mitigator, someone who has some decision making capability. When you do, remember that the loss mitigator is a person. I’ve heard that he/she… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

Short Sale Your House & Get Paid E-Course- Segment 15: Buyer’s Price Opinion (BPO)

Posted on October 15, 2010 by admin • 0 Comments

More follow up re BPO A Buyer’s Price Opinion or BPO is an appraisal or evaluation done by a real estate agent, sometimes done by an appraiser, in which case it is called an appraisal instead. You always want to specifically request an interior BPO or appraisal. Some banks will have somebody drive by,… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

Short Sale Your House & Get Paid E-Course- Segment 14: Following up after submitting your packet

Posted on October 14, 2010 by admin • 0 Comments

Calling Your Lender So after you’ve put together a good package and you send it in, you want to call your lender within 48 hours. Typically it will not be put it in the system in the first 48 hours, unless you’re working directly with an individual. When you call, let them know you sent… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

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