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

Tag Archives: Foreclosure Prevention

Realtor Has Good Success Using Stop Foreclosure Institute Short Sale Negotiation Strategy

USA – The Stop Foreclosure Institute recently received this email from Karen. She had ask the us for some help on a short sale. Here was the email. I sent an email to the lender on a short sale, utilizing the e-mail address list you provided. The email was sent at 1:43 p.m. this afternoon…. Continue Reading

Can An Inherited Property Be A Successful USA Short Sale?

USA – The Stop Foreclosure Institute recently received a question from Bernice. Here was her question. “Can an investment property that was inherited be a successful short sale without the owner having to pay back the deficiency? I am curious to know the answer. Bernice.” Click here to discover how other sellers successfully did a… Continue Reading

How Do I Stop The Foreclosure Process During A USA Short Sale?

USA – The Stop Foreclosure Institute recently received a question from Trudi. Here was Trudi’s Question. “I am in the middle of the 3rd offer on a short sale. I was just recently received foreclosure papers. Is there a way to stop the foreclosure process and get the house sold? If they just would work… Continue Reading

A Common USA Short Sale Marketing Mistake: Not Marketing Your Home To Their Buyers

USA – Here is a story that illustrates this point. An agent I know was hired to sell a 30 acre tract of land. Several months earlier they had spoken with a buyer that was looking for a similar property. Click here to discover how other sellers successfully did a short sale and avoided foreclosure…. 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

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

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

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

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

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

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

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

 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

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

  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