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By CarlOrbase, on May 8th, 2012%
Northeast OH – OK, let’s talk about the most common types of loans that do not require a deficiency on a short sale. The first common loan type is a Fannie Mae or Freddie Mac loan.
I’ll call them Fannie & Freddie in this post. Freddie & Fannie are different quasi-governmental entities that own . . . → Read More: A Common Northeast OH Short Sales: The Most Common Types Of Loan That Do Not Require A Deficiency
By CarlOrbase, on May 7th, 2012%
Northeast OH – We recently received an email from Joy. She was thinking about a short sale, but was worried about a deficiency.
Here is a sentence from her email: “We obviously want to get the price as close to fair market value as possible to eliminate or reduce any deficiency the bank may . . . → Read More: Worried About Owing Money After A Northeast OH Short Sale?
By CarlOrbase, on March 20th, 2012%
Northeast OH – We are explaining the steps to approving a short sale in 90 days or less. Today, we’re going to explain Step 4: Use the BPO information and knowledge of the loan owner’s short sale guidelines to force the lender to approve the short sale.
Click here to discover how other sellers . . . → Read More: Step Four to Get A Northeast OH Short Sale Approved In 90 Days Or Less
By CarlOrbase, on March 19th, 2012%
Northeast OH – We’re going to start explaining the steps to approving a short sale in 90 days or less.
Today, we’ll start with Step 1: Find out the type of loan it is. Examples are Fannie Mae, Freddie Mac, FHA, VA, Portfolio, and “Sliced and Diced.”
Click here to discover how other sellers . . . → Read More: Step One To Get A Northeast OH Short Sale Approved In 90 Days Or Less
By CarlOrbase, on March 19th, 2012%
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
By CarlOrbase, on March 12th, 2012%
Northeast OH – Everyone who has every tried to negotiate a loan modification with their lender has been frustrated with the process.
We hear the following comments from frustrated homeowners all the time. “Why won’t they work with me?” I want to keep my home and pay them a reasonable payment. My home . . . → Read More: Northeast OH Short Sales: Why Do So Many Loan Modifications Fail?
By CarlOrbase, on February 28th, 2012%
Northeast OH – What a relief! You can now short sale your home and not feel like a loser. In fact, it’s becoming the “cool” thing to do.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
I recently read an article about how Medicare was costing way . . . → Read More: Northeast OH Short Sales: Why It’s Not Embarrassing To Short Sale Your Home Anymore
By CarlOrbase, on December 7th, 2011%
Northeast OH – This is another short sale myth we’ve seen tossed around. Some people in the media even suggested that banks were delaying foreclosures to delay losses being recorded on their books.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Here is what I think is . . . → Read More: Northeast OH Short Sale Myth: Banks Aren’t Approving Short Sales Because They Don’t Want To Take Big Losses
By CarlOrbase, on December 5th, 2011%
Northeast OH – In our last post, we talked about how you could contact the entity that owns a loan. But, some people were wondering how they could find out who owned their loan.
“I thought ABC Bank owned my loan. I send them a payment every month”, they told us. Well, here is . . . → Read More: Northeast OH Short Sales: How To Find Out Who Owns The Loan So You Can Hold Your Bank Accountable
By CarlOrbase, on November 30th, 2011%
Northeast OH – Occupy Wall Street Protestors are not having the best success attacking Wall Street and the banks. But, that is because they are complaining about what they think is wrong with the situation.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
If the protestors only knew . . . → Read More: Northeast OH Short Sales: What Occupy Wall Street Doesn’t Know About Bankers
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