USA – We’re going to start explaining the steps to approving a short sale in 90 days or less. Today, we’ll start with Step 1: Find out the type of loan it is. Examples are Fannie Mae, Freddie Mac, FHA, VA, Portfolio, and “Sliced and Diced.” Click here to discover how other sellers successfully did… Continue Reading
USA – Most agents complain about how short sales drag out for months at a time. Another agent once told me, “I hate short sales. They take 9-12 months to complete. The banks never call you back to let you know what is happening.” The real problem is that most home buyers will wait for… Continue Reading
USA – What a relief! You can now short sale your home and not feel like a loser. In fact, it’s becoming the “cool” thing to do. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. I recently read an article about how Medicare was costing way more than… Continue Reading
USA – The National Consumer Law Center wrote a White Paper on how banks handle loan modifications, short sales and foreclosures. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. They titles their White Paper “Why Servicers Foreclose When They Should Modify and Other Puzzles of Servicer Behavior.” Check… Continue Reading
USA – Under normal circumstances, banks are not required to extend the closing of a short sale. The last thing a buyer would want to hear is that their mortgage lender can’t perform especially after waiting for a number of months to buy a home. Click here to discover how other sellers successfully did a… Continue Reading
USA – A short sale is often viewed as the only alternative to foreclosure because it mitigates additional fees and costs to both the creditor and borrower. By doing a short sale, you will retain some dignity in knowing that you sold your home and you will have no mortgage payments to make. Click here… Continue Reading