Twitter Counter

How To Solve The Most Common USA Short Sale Problem

Northeast OH – Short Sales where two or more mortgages are involved are the trickiest. Both mortgage companies are losing a lot of money.

They both think that they are entitled to the proceeds of the sale. This is the most common short sale problem. Today we’ll give you an example of how we . . . → Read More: How To Solve The Most Common USA Short Sale Problem

How Does A Northeast OH Short Sale Affect My Credit?

Northeast OH – A successful short sale helps the seller to avoid any credit damage that could be brought about by a foreclosure.

Such damage is not something to admire as it may take a minimum of seven years for someone before it goes off your credit report. That is why is it best to . . . → Read More: How Does A Northeast OH Short Sale Affect My Credit?

Fixing Credit After A Northeast OH Short Sale Step 7: The Waiting Period

Northeast OH – The next step in the process of getting a cleaned up credit report, is the one that takes the least effort, but the most patience: WAITING.

You’ve done your part to get the ball rolling, and now the credit reporting companies have to do their part.

Get my Free, Step By . . . → Read More: Fixing Credit After A Northeast OH Short Sale Step 7: The Waiting Period

Fixing Credit After A Northeast OH Short Sale Step 7: The Waiting Period

Northeast OH – The next step in the process of getting a cleaned up credit report, is the one that takes the least effort, but the most patience: WAITING.

You’ve done your part to get the ball rolling, and now the credit reporting companies have to do their part.

Get my Free, Step By . . . → Read More: Fixing Credit After A Northeast OH Short Sale Step 7: The Waiting Period

Should I Continue Paying My Credit Cards During A Northeast Ohio Short Sale?

Northeast OH – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question.

“I am selling my house as a short sale. I am behind on the mortgage payments. Do you think I should still pay my credit cards?” Paul.

Discover how other sellers successfully did a short sale to . . . → Read More: Should I Continue Paying My Credit Cards During A Northeast Ohio Short Sale?

The Nuclear Option for Northeast Ohio Short Sales

Northeast OH – The nuclear option is what you do when your lender demands a promissory note or they will not approve the short sale.

A promissory note is not the end of the world. It will take a lot of work on their end to collect from you.

If the lender . . . → Read More: The Nuclear Option for Northeast Ohio Short Sales

Northeast Ohio Short Sales: Loan Modifications Are Tough

Northeast OH – Loan Modifications are tough. Lenders don’t want to reduce your payment or reduce the amount you owe.

It’s insane. Don’t even get me started on the topic of the nation’s courts being tilted in the favor of the big banks!

Most loan modifications end in failure because the banks are . . . → Read More: Northeast Ohio Short Sales: Loan Modifications Are Tough