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Another Reason You Must Hire An Experienced Northeast OH Short Sale Realtor

Northeast OH – The way that most lenders handle short sales is very weird. They have a strange policy of demanding that all home buyers close on their home purchase within 30 days of them approving the short sale.

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

. . . → Read More: Another Reason You Must Hire An Experienced Northeast OH Short Sale Realtor

Are Northeast OH Short Sales Really A Nightmare?

Northeast OH – I read a blog post by another agent the other day. He had a long story about a short sale that he worked on that was so difficult. He said the lender sent him a form on Friday.

On Friday afternoon they demanded that he send them back a form signed . . . → Read More: Are Northeast OH Short Sales Really A Nightmare?

A Rant About Lender Incompetence On Northeast OH Short Sales

Northeast OH – I am so sick of the incompetence and arrogance of people in the banking industry! It seems like the incompetence never ends.

We had a short sale closing last week. The underwriter for the buyer’s lender didn’t like the way the short sale approval letter was worded. They wouldn’t approve the . . . → Read More: A Rant About Lender Incompetence On Northeast OH Short Sales

With Home Prices Dropping, In Many Parts of Northeast OH It Is Cheaper to Own Than Rent

Northeast OH – The good news about the housing bust is that home prices are now more affordable. It is now cheaper to buy versus renting in many areas.

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

“At the peak of the real estate bubble, cities like . . . → Read More: With Home Prices Dropping, In Many Parts of Northeast OH It Is Cheaper to Own Than Rent

Is This Bank Breaking The Law On Northeast OH Short Sales?

Northeast OH – One large, national bank requires that all home buyers trying to buy a short sale give them their credit information before they make an offer on the house.

They are asking for the buyer’s social security number and pulling their credit report. Why are they doing this? But, more importantly is . . . → Read More: Is This Bank Breaking The Law On Northeast OH Short Sales?

A Common Northeast OH Short Sale Negotiation Mistake: Letting Your Ego Get Involved

Northeast OH – What is your final goal? You want to sell your property quickly for top dollar, right? Keep that goal in mind during the entire negotiation.

I have seen people kill a potential sale to a person that would have been willing to pay top dollar for a property because they didn’t . . . → Read More: A Common Northeast OH Short Sale Negotiation Mistake: Letting Your Ego Get Involved

Northeast OH Short Sale Myth: The bank wants a deficiency on the short sale so I can get out of it by letting them foreclose

Northeast OH – Most people short selling their home do not want to repay the deficiency. And in most cases, the lender allows them to walk away with no deficiency.

But, that is not always the case. Some banks are very pushy when it comes to the deficiency. They won’t approve the short sale . . . → Read More: Northeast OH Short Sale Myth: The bank wants a deficiency on the short sale so I can get out of it by letting them foreclose

Northeast OH Short Sale Myth: The bank wants a deficiency on the short sale so I can get out of it by letting them foreclose

Northeast OH – Most people short selling their home do not want to repay the deficiency. And in most cases, the lender allows them to walk away with no deficiency.

But, that is not always the case. Some banks are very pushy when it comes to the deficiency. They won’t approve the short sale . . . → Read More: Northeast OH Short Sale Myth: The bank wants a deficiency on the short sale so I can get out of it by letting them foreclose

Northeast Ohio Short Sales: Lenders Loses 50k Turning Down Short Sale

This bank's stockholders are probably unhappy after losing $50,000 over incompetence

Northeast OH – I have a good story today about another bank losing their shirt because their short sale process is so tough to work with.

The bank in question is a large, . . . → Read More: Northeast Ohio Short Sales: Lenders Loses 50k Turning Down Short Sale

New Year, New Home - It's a great time to buy

Northeast OH – If you are looking to buy a home, then you probably want to get the best deal. January is the best time to be purchasing a home. Let me explain why.

A lot of people put their homes on the market in January. In addition, there are very few people . . . → Read More: New Year, New Home – It’s a great time to buy