USA – Patience, persistence, and a lot of experience is required to convince a lender to approve a short sale. It is a process with many steps. Do “NOT” allow a buyer to work directly with your lender! Don’t let the buyer speak for you. You will be required to provide so much financial information… Continue Reading
USA – Most people short selling their home do not want to repay the deficiency. And in most cases, the lender allows them to walk away with no deficiency. But, that is not always the case. Some banks are very pushy when it comes to the deficiency. They won’t approve the short sale unless the… Continue Reading
The aspect of foreclosure timing is one of my most often asked questions. That is because foreclosure is a process and not an event. Always remember that a house is completely yours and you have full control of it until the ownership gets officially transferred by the court system thirty days after the Sheriff Sale…. Continue Reading