Short Sale

There is a Formula to Whether Your Short Sale will be Approved I have fifteen short sales that I am working on of those fifteen all of the lenders are stating that they need to net a certain amount.  I was beginning to think this was an isolated case until I came across the article [...]

Originally posted 2008-12-08 03:18:50. Republished by Blog Post PromoterIn today’s market most of the buyers are having a hard time getting financed.  True, some of the buyers may not have the credit score, income, or other required qualification needed to purchase a home through conventional meets, but with the owner financing program you will be [...]

Originally posted 2008-11-30 08:01:08. Republished by Blog Post PromoterIt is very important to know if a short sale is the best answer for your situation.  A short sale becomes a viable option when you cannot get what you are owed on the property because of changes in the market.  You may be thinking why would [...]

Image by Getty Images via Daylife Latest news about short sales from around the blogosphere: Real Hope for Short Sales or Just More Bank Spin? The evidence seems to be a tripling of the number of short sales over the course of 2009, though, at 40000 transactions, it is still a pretty small number. … [...]

It is important to understand the concepts to successful negotiation. There are key concepts that if understood by a client, a buyer, or a seller can lead to a successful negotiation of the sale, purchase or lease of any property. The keys are:  position vs interest  target point  reservation point  trade offs  BATNA (best alternative [...]

There is a lot of media attention on the lenders about the foreclosure crisis.  There is also a lot of media telling you fight for your home, but what I do not see is anyone telling you exactly how to fight for your home.  WELL, TODAY THAT IS GOING TO CHANGE. The first thing that [...]

Originally posted 2008-12-21 11:14:05. Republished by Blog Post Promoter If you feel that you qualify for a short sale contact the loss and mitigation department for your lender. Once you contact the lender’s loss and mitigation department ask for a short sale package. Most lender have financial forms that the lender needs filled out. In [...]

Originally posted 2008-12-14 10:06:26. Republished by Blog Post Promoter The homeowner can call the lender’s loss and mitigation department and ask them to reinstate the loan. There are several ways the homeowner may be allowed to reinstate the loan.  The homeowner may bring the loan current by paying a lump sum or making scheduled payments to [...]