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By CarlOrbase, on April 18th, 2012
Northeast OH – Are you upside down on your mortgage? Try this. Sit down and run the numbers. How much will your upside down mortgage cost you over the next 30 years?
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Let’s say a homeowner bought a house . . . → Read More: Why A Northeast OH Short Sale Is The Best Alternative To Get Out From Under An Upside Down Mortgage
By CarlOrbase, on April 18th, 2012
Northeast OH – Many homeowners considering a short sale are concerned about a deficiency. “Will I be forced to repay my bank for the $150,000 they lost”, they ask me.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
The good news is that most homeowners are able . . . → Read More: It Isn’t Likely Your Lender Will Collect Any More Money From You After A Northeast OH Short Sale
By CarlOrbase, on April 17th, 2012
Northeast OH – A Deed-In-Lieu is often called a “friendly foreclosure.” A Deed-In-Lieu is basically the foreclosure equivalent of a plea bargain.
The biggest beneficiary of a Deed-In-Lieu is the bank. They get a faster, easier foreclosure. But, what do you, the homeowner, get?
Click here to discover how other sellers successfully did a . . . → Read More: A Ninth Common Northeast OH Short Sale Myth: A Deed In Lieu is not a foreclosure and therefore does not harm my credit like a foreclosure would
By CarlOrbase, on April 17th, 2012
Northeast OH – A lot of people incorrectly think that bankruptcy is a “Get Out Of Jail Free” card. Yes, bankruptcy does not help a lot of people get back on their feet.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
However, it is not a “Get . . . → Read More: An Eighth Common Northeast OH Short Sale Myth: I Can Erase Any Deficiency On My Upside Down Home By Simply Declaring Bankruptcy
By CarlOrbase, on April 17th, 2012
Northeast OH – I’m writing a series in response to a number of big misconceptions I saw on a personal finance website online.
We are on our final myth from what I saw in an article about short sales on a popular personal finance website. The writer claimed that in order for your home . . . → Read More: A Seventh Common Northeast OH Short Sale Myth: Banks Want The Homes To Be Priced Reasonably
By CarlOrbase, on April 16th, 2012
Northeast OH – 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 . . . → Read More: A Sixth Common Northeast OH Short Sale Myth: Banks Accept Short Sales Because Foreclosure Auctions Bring Much Less Money
By CarlOrbase, on April 16th, 2012
Northeast OH – 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 . . . → Read More: A Fifth Common Northeast OH Short Sale Myth: The Property Cannot Already Be In Foreclosure
By CarlOrbase, on April 16th, 2012
Northeast OH – This is the fourth inaccuracy I have seen in an article about short sales. I was this article online and noted 7-8 big inaccuracies.
You can’t get solid and accurate information on short sales unless you talk to an agent that has sold a few short sales.
Click here to discover . . . → Read More: A Fourth Common Northeast Short Sale Myth: There Can Be No Liens On The Property
By CarlOrbase, on April 3rd, 2012
Northeast OH – I am frustrated that people can be perpetuating these kinds of myths online. These experts on financial websites have never sold a short sale.
Some of them are not even licensed realtors. I recently saw an article on a well known financial website. The article falsely claimed that ” A home . . . → Read More: A Third Common Northeast OH Short Sale Myth: The Home Has To Be On The Market For 90 Days Before The Bank Will Consider A Short Sale
By CarlOrbase, on April 3rd, 2012
Northeast OH – 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 . . . → Read More: Another Common Northeast OH Short Sale Myth: Short Sales Are Very Difficult And Not Worth The Aggravation
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It Isn't Likely Your Lender Will Collect Any More Money From You After A Northeast OH Short Sale
Northeast OH – Many homeowners considering a short sale are concerned about a deficiency. “Will I be forced to repay my bank for the $150,000 they lost”, they ask me.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
The good news is that most homeowners are able . . . → Read More: It Isn’t Likely Your Lender Will Collect Any More Money From You After A Northeast OH Short Sale