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Northeast OH Short Sales: Why Would a Bank Issue an Extension on a Short Sale Approval Letter?

Northeast OH – The most likely reason why a bank would accept to issue an extension on a short sale is because the bank prefers to do the short sale over the foreclosure.

This is a reason why your agent needs to continue to tell them on why the short sale will be beneficial . . . → Read More: Northeast OH Short Sales: Why Would a Bank Issue an Extension on a Short Sale Approval Letter?

Northeast OH Short Sales: Will Banks Issue an Extension on a Short Sale Approval Letter?

Northeast OH – Under normal circumstances, banks are not required to extend the closing of a short sale. The last thing a buyer would want to hear is that their mortgage lender can’t perform especially after waiting for a number of months to buy a home.

Click here to discover how other sellers successfully . . . → Read More: Northeast OH Short Sales: Will Banks Issue an Extension on a Short Sale Approval Letter?

Northeast OH Short Sales: I’m Sick And Tired And I’m Not Taking It Anymore!

Northeast OH – We recently received an e-mail from another agent that was having a hard time with a short sale.

“I have been working this short sale file for 4 months. There has been “no movement” no responses from the bank, no closing date.

The June 30th date just continues to trickle closer . . . → Read More: Northeast OH Short Sales: I’m Sick And Tired And I’m Not Taking It Anymore!

Partial tax credit extension decreases stress for short sale participants

Since the end of April we have several folks who wanted to take advantage of short sales and also get the $8,000 first time homebuyers cash incentive. Of course when it was more necessary than ever to have a timely close one of our short sales went wrong when it was broken into and several vandalized . . . → Read More: Partial tax credit extension decreases stress for short sale participants