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

Tag Archives: Fannie Mae

USA Short Sales: How do I benefit from a Short Sale?

USA – The Stop Foreclosure Institute is closing another short sale tomorrow. The sellers had a job transfer out of state. They were short selling an FHA loan with a second mortgage. The short sale was fairly simple because FHA’s short sale guidelines. Click here to discover how other sellers successfully did a short sale… Continue Reading

Will your USA Short Sale Realtor follow up properly to ensure success?

USA – We got a short sale approved yesterday. This file was a fiasco from day one. Despite the incompetence we suffered, we got the file approved thru persistent follow up. The first lender handling the file was incredibly incompetent. Their short fax number didn’t work. We mailed the short sale package to them and… Continue Reading

USA Short Sale Help: Another short sale almost killed by lender incompetence

USA – We have seen many instances where a short sale that should have been approved was denied. If your short sale realtor doesn’t know what they are doing, then you might get stuck with a promissory note that you don’t deserve. Click here to discover how other sellers successfully did a short sale and… Continue Reading

60 Minutes and The Housing Market – How Does Short Sales in USA Fit In?

Gainesville FL – Very few people disagree that banks are not handling the housing crisis properly. Why is it so hard to get a reasonable loan modification? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Pollution is defined as the following by Wikipedia: “Pollution can be a simple… Continue Reading

USA Short Sale Myth: Banks Aren’t Approving Short Sales Because They Don’t Want To Take Big Losses

USA – This is another short sale myth we’ve seen tossed around. Some people in the media even suggested that banks were delaying foreclosures to delay losses being recorded on their books. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is what I think is the real… Continue Reading

USA Short Sales: How To Find Out Who Owns The Loan So You Can Hold Your Bank Accountable

USA – In our last post, we talked about how you could contact the entity that owns a loan. But, some people were wondering how they could find out who owned their loan. “I thought ABC Bank owned my loan. I send them a payment every month”, they told us. Well, here is how to… Continue Reading

USA Short Sales: How To Hold Your Bank Accountable

USA – In our last post, we ranted about how the bankers do a lousy, incompetent job on short sale and loan modification negotiations. Here is how you can avoid suffering under their incompetence. The key is to hold your bank accountable. Here’s how to do that. Click here to discover how other sellers successfully… Continue Reading

USA Short Sales: What Occupy Wall Street Doesn’t Know About Bankers

USA – Occupy Wall Street Protestors are not having the best success attacking Wall Street and the banks. But, that is because they are complaining about what they think is wrong with the situation. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. If the protestors only knew the… Continue Reading

USA Short Sale Question: Is This Lender Lying To Me?

USA – The Stop Foreclosure Institute recently received this question from another agent. Here was her question. “I was just told by the lender on a short sale that they will have to “close” the file because they buyer’s name changed. They said that due to Freddie & Fannie rules if the buyer’s name changes… Continue Reading

How I Make The USA Short Sale Process Faster and Easier

USA – Here is a problem: Buyers don’t like short sales because of the uncertainty and the wait. How do we solve this problem? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. During the short sale process, if the BPO gets completed and the bank won’t accept the… Continue Reading