USA – Thinking about a loan modification. If you can afford to, then order an appraisal. Or, do your own appraisal. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Ask your realtor “Hey, what are houses in my area selling for?” I’ve seen people who bought a house… Continue Reading
USA – I received a note the other day from Andrew. He was upset that I would tell people that are upside down on their house to ask for a principal reduction from their lender. Here was his email. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. “I… Continue Reading
USA – Are you pulling your hair out trying to convince your lender to reduce the amount you owe on your home? People have a hard time grasping how difficult it is to get a loan modification that is fair. These banks just do everything they can to squeeze homeowners for as much money as… Continue Reading
USA – It’s sad that the banks aren’t willing to give anyone a principal reduction. The banks reasoning is that if they start granting principal reductions, then every single upside down homeowner will want one. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. As a result people are… Continue Reading
USA – I’m writing a series in response to a number of big misconceptions I saw on a personal finance website online. I don’t know if the personal finance write either didn’t know about short sales and was pretending to be an expert, or they were being fed bad information. It could have been the… Continue Reading
USA – As you can see some of the so called short sale experts online don’t know a lick about short sales. This article was on a finance site. But, there were almost 300 comments, many from homeowners who were considering a short sale. Now, I don’t pretend to know everything about short sales. But,… Continue Reading
USA – It is frustrating to see how many myths are shoved on the public by so called “short sale experts.” These people rarely have any short sale experience. If they do have any experience, it was that short sales are so difficult. But, that is like someone who has never driven a car before… Continue Reading
USA – The Stop Foreclosure Institute recently received a question from Nathan. Here was his question. “I’ll stop making the payments on my condo. That way we can start on the short sale process with my lender. How far behind do I have to be before they will start negotiations. Click here to discover how… Continue Reading
USA – We get all sorts of questions from buyers trying to purchase short sales. “We made an offer on a short sale almost 2 months ago. We haven’t heard anything back from the bank. Why won’t they approve my offer?”, they ask us. Click here to discover how other sellers successfully did a short… Continue Reading
USA – Some people don’t know why they should bother with a short sale. “I’ll just let the bank foreclose. A short sale isn’t worth the aggravation”, they tell us. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. There is one simple reason I would prefer to short… Continue Reading