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Northeast OH Short Sales: Should you be embarrassed to short sale?

Northeast OH – Many people are embarrassed that they are short selling their house. They feel like they are somehow being dishonest or shady. Neither one of those is true. A lot of the people short selling today never had a blemish in their credit. They lived perfect, responsible financial lives. Then the real estate . . . → Read More: Northeast OH Short Sales: Should you be embarrassed to short sale?

Posted on 22 October 2011 | 5:00 am

Northeast OH Short Sale Question: I’m In A Jam With Two Mortgage Companies Fighting Over Money

Northeast OH – The Stop Foreclosure Institute recently received a question from another agent named Bonnie. Here was her question.

“On my short sale, the first mortgage gave me a price and a net they would allow. The title company put together the closing documents and paid the first more than the minimum net . . . → Read More: Northeast OH Short Sale Question: I’m In A Jam With Two Mortgage Companies Fighting Over Money
Posted on 21 October 2011 | 5:00 pm

Northeast OH Short Sale Question: I Have A Moral Dilemma. What Should I Do?

Northeast OH– The Stop Foreclosure Institute recently received a question from another agent named Beckie. Here was her question.

I have been waiting on my lender to approvce or deny my short sale for 7 months. We finally received an answer last week in form of a counter offer to the price.

The buyer . . . → Read More: Northeast OH Short Sale Question: I Have A Moral Dilemma. What Should I Do?

Posted on 21 October 2011 | 11:00 am

Northeast OH Short Sale Question: Lender Won’t Approve The Short Sale. What Should I Do?

Northeast OH – The Stop Foreclosure Institute recently received a question from another agent named Sylvia. Here was her question.

“Here’s a question for you. I have a short sale with two offers. The appraisal was close to the sales price and the inspection was good.

However, the bank calls me and says, “Sorry, . . . → Read More: Northeast OH Short Sale Question: Lender Won’t Approve The Short Sale. What Should I Do?
Posted on 21 October 2011 | 5:00 am

How To Ensure Accurate Appraisals And A Successful Northeast OH Short Sale

Northeast OH – The biggest threat to your short sale is a high appraisal. Which is why your agent needs to make sure the appraisal is accurate.

Here is the process your agent needs to follow to ensure an accurate appraisal.

Click here to discover how other sellers successfully did a short sale . . . → Read More: How To Ensure Accurate Appraisals And A Successful Northeast OH Short Sale

Posted on 20 October 2011 | 5:00 pm

Why Your Agent Should Check That Appraisals Are Accurate For Your Northeast OH Short Sale

Northeast OH – The biggest threat to your short sale is a high appraisal. Which is why your agent needs to make sure the appraisal is accurate.

There are a lot of opinions on how to ensure the appraisal is correct and accurate. You need to check and make sure your agent is willing . . . → Read More: Why Your Agent Should Check That Appraisals Are Accurate For Your Northeast OH Short Sale

Posted on 20 October 2011 | 11:00 am

The Biggest Threat To A Successful Northeast OH Short Sale

Northeast OH – The biggest threat to your short sale is a high appraisal. Banks consider short sales for economic reasons.

A bank will approve a short sale only if they think they will net more money taking the short sale offer. To make sure they aren’t selling the house for too little, they . . . → Read More: The Biggest Threat To A Successful Northeast OH Short SalePosted on 20 October 2011 | 5:00 am

When A Bank Should Accept A Buyer’s Offer To Buy A Northeast OH Short Sale

Northeast OH – A bank should accept your short sale when the following rules apply. All banks and servicers have a fiduciary duty to the investor of the loan.

If they own the loan themselves, they have a fiduciary duty to their stockholders. The duty is to get that investor the most money possible.

. . . → Read More: When A Bank Should Accept A Buyer’s Offer To Buy A Northeast OH Short Sale

Posted on 19 October 2011 | 5:00 pm

Northeast OH Short Sale Question: Can My Lender Force Me To Repay Them?

Northeast OH – A lot of homeowners want to short sale and walk away from the upside down debt. They don’t feel that it is their fault the housing market crashed.

We get the following questions a lot.

“If I short sale, then how likely is it that my lender will sue me to . . . → Read More: Northeast OH Short Sale Question: Can My Lender Force Me To Repay Them?

Posted on 19 October 2011 | 11:00 am

Northeast OH Short Sale Question: Why Does My Lender Want My Last 2 Pay Stubs?

Northeast OH  – The Stop Foreclosure Institute recently received a question from Amit. Here was his question.

“Why does my lender need copies of my last 2 pay stubs? Are they hoping to garnish my paycheck? I am concerned that if I give it to them, then they will use it to garnish my paycheck.

. . . → Read More: Northeast OH Short Sale Question: Why Does My Lender Want My Last 2 Pay Stubs?

Posted on 19 October 2011 | 5:00 am