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Northeast OH Short Sales: More Reasons Why Short Sales Fail

Northeast OH – We recently gave a couple of common reasons that short sales fail. Today, we will go thru a few more reasons.

(To recap, here were the reasons we put in our previous blog post. Reason #1: The sales price is lower than the lender wants. The lender thinks the home is . . . → Read More: Northeast OH Short Sales: More Reasons Why Short Sales Fail

Northeast Ohio Short Sales: What is a HUD-1 and why does it matter on a short sale?

Northeast OH – Here is something that drives inexperienced short sale agents crazy. It is a HUD-1, also called a HUD. HUD is the Federal Agency, the Department of Housing & Urban Development, also called HUD.

A HUD-1 is a document regulated by HUD. It is the financial accounting for a real estate sale. . . . → Read More: Northeast Ohio Short Sales: What is a HUD-1 and why does it matter on a short sale?