Twitter Counter

Do Banks Want To Do Northeast OH Short Sales?

Northeast OH – The Stop Foreclosure Institute recently received an email from Elaina. Here is what she had to say.

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

“Hi, I am a Real Estate Agent. You have some good information on short sales. But, is it written . . . → Read More: Do Banks Want To Do Northeast OH Short Sales?

Northeast OH Short Sales: A Short Sale Success Story

Northeast OH – Here is a success story about a short sale that the Stop Foreclosure Institute worked on. We recently closed this short sale and helped the seller avoid a big deficiency judgment.

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

Ed & Cathy bought their . . . → Read More: Northeast OH Short Sales: A Short Sale Success Story

A Fifth Common Northeast OH Short Sale Myth: The Property Cannot Already Be In Foreclosure

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

How To Get A Northeast OH Short Sale Approved In 90 Days Or Less

Northeast OH – Most agents complain about how short sales drag out for months at a time.

Another agent once told me, “I hate short sales. They take 9-12 months to complete. The banks never call you back to let you know what is happening.”

The real problem is that most home buyers will . . . → Read More: How To Get A Northeast OH Short Sale Approved In 90 Days Or Less

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 . . . → Read More: Northeast OH Short Sales: How Supposedly Smart Bankers Lose Money

Northeast OH Short Sale Question: I Had A Temporary Income Problem. Do I Still Need To Sell My Home?

Northeast OH – You may be in a situation where your income dropped for a few months and then went back to normal.

During that time period, your got behind on your mortgage and other payments. Don’t worry, this isn’t a doom and gloom problem.

Click here to discover how other sellers successfully did a . . . → Read More: NNortheast OH Short Sale Question: I Had A Temporary Income Problem. Do I Still Need To Sell My Home?

Northeast OH Short Sales: How To Hold Your Bank Accountable

Northeast OH – In our last post, we ranted about how the bankers do a lousy, incompetent job on short sale and loan modification negotiations.

Here is how you can avoid suffering under their incompetence. The key is to hold your bank accountable. Here’s how to do that.

Click here to discover how other . . . → Read More: Northeast OH Short Sales: How To Hold Your Bank Accountable

Northeast OH Short Sales: Why Won’t My Lender Allow Me To Short Sale?

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

“I lost my job and am burning up my savings very fast. At the current rate I will only be able to pay my mortgage for a few months more. My lender won’t talk to me about . . . → Read More: Northeast OH Short Sales: Why Won’t My Lender Allow Me To Short Sale?

Why Is My Bank Willing To Pay You To Short Sale My Northeast OH Home?

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

“I am thinking about short selling my house. I’m just wondering how I can get someone to help me. I know that your website says that a short sale costs me nothing.

I just have a hard . . . → Read More: Why Is My Bank Willing To Pay You To Short Sale My Northeast OH Home?

Who Benefits From A Northeast OH Short Sale?

Northeast OH – Even though lenders pretend to hate short sales, they actually benefit from short sales. Let me explain why.

A lender gets to sell the house at today’s price, versus what it will be worth 6-12 months down the road. We just did a comparison and pulled up sold listings.

All of . . . → Read More: Who Benefits From A Northeast OH Short Sale?