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Northeast OH Short Sales: How Supposedly Smart Bankers Lose Money

Northeast OH – Many bankers have fancy degrees earned studying for 4-6 years on how to make smart financial decisions. They have studied economics, finance, and other sophisticated financial subjects.

They understand amortization, arbitrage, and other financial subjects that only smart financial people understand.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

So, bankers always make smart financial decisions, right? Actually, in some cases they do not make smart financial decisions. I’ll give you an example today.

We have seen many examples of where banks foreclosed on a house and then waited 6-12 months to put the home on the market.

Say what you want, but waiting 12 months to sell a home is a stupid financial decision. When the housing market was declining by 10-15% annually in many areas that meant they lost $20,000 to $50,000.

They could have sold that home for more money and avoided wasting money on property taxes and homeowner’s insurance. Besides, they could have loaned that money to someone else and earned 12 months worth of interest.

Besides, vacant houses are targets for vandalism. A lot can happen to a house that sits empty for 12 months. Mold, water damage, and other problems pop up all the time. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (440) 348-5500

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Northeast OH loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Andy Morris.

Andy is a Real Estate Broker at Realty Trust Services.

Phone: (440) 348-5500.

View My homes for sale at

Andy Morris specializes in loan modification assistance and short sales in USA. USA Modification Help, USA Short Sales, USA Short Sale Realtor, USA Short Sales. USA Realtor, USA Stop Foreclosure, USA Foreclosure Prevention, Prevent Foreclosure USA,USA Foreclosure Defense, USA behind in Payments.

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