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Trying To Short Sale Your Northeast OH Home, But Worried The Lender Might Foreclose On It First? Try This.

Northeast OH – Short sales can drag out. It takes 1-2 months to sell the house. Then, the short sale negotiations start.

They can drag out for 3-6 months. In the meantime, if you aren’t paying on the mortgage, then the lender will be trying to foreclose on the house.

Here is a tactic . . . → Read More: Trying To Short Sale Your Northeast OH Home, But Worried The Lender Might Foreclose On It First? Try This.

Northeast OH Short Sale Negotiation Tip: Don't Get Insulted By Lowball Offers

Northeast OH – Some buyers will think that since your house is a short sale, then they can make any lowball offer.

Many sellers get offended over their offers and turn them away. After going thru many short sales we have actually found that lowball offers are not necessarily a bad thing. Let me . . . → Read More: Northeast OH Short Sale Negotiation Tip: Don’t Get Insulted By Lowball Offers

Northeast OH Short Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency

Northeast OH – Some sellers think that if they sell their house for more money, then they are less likely to have a deficiency. Let me explain why that is not true.

Get my Free, Step By Step Loan Modification Guide by clicking here.

Another realtor recently told us about a short sale they . . . → Read More: Northeast OH Short Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency

Northeast OH Short Sale Negotiation Tip: Don't Get Insulted By Lowball Offers

Northeast OH – Some buyers will think that since your house is a short sale, then they can make any lowball offer.

Many sellers get offended over their offers and turn them away. After going thru many short sales we have actually found that lowball offers are not necessarily a bad thing. Let me . . . → Read More: Northeast OH Short Sale Negotiation Tip: Don’t Get Insulted By Lowball Offers

Northeast OH Short Sales: Why Is The Short Sale Taking So Long?

 

Northeast OH – The Stop Foreclosure Institute recently received a question from Cathy. Here was her question.

“I am trying to buy a house that is a short sale. It has been 4 months and we have heard nothing. The agent did mention that they are now on the 2nd negotiator and still . . . → Read More: Northeast OH Short Sales: Why Is The Short Sale Taking So Long?

Northeast OH Short Sales: The Wait To Buy Another Home After A Short Sale Was Recently Changed to 3 Years

Northeast OH – The Stop Foreclosure Institute recently received a question from Christina. Here is her question.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

“I just read your article Frequently Asked Questions about Short Sales. You mention that you can obtain another home loan two years . . . → Read More: Northeast OH Short Sales: The Wait To Buy Another Home After A Short Sale Was Recently Changed to 3 Years

Northeast Ohio Short Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency

Northeast OH – Some sellers think that if they sell their house for more money, then they are less likely to have a deficiency. Let me explain why that is not true.

Get my Free, Step By Step Loan Modification Guide by clicking here.

Another realtor recently told us about a short sale . . . → Read More: Northeast Ohio Short Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency

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?

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

Should I talk to my realtor about a short sale?

Northeast OH – The Stop Foreclosure Institute recently received a question from Jennifer. She is having a hard time selling her home.

“I have had my house for sale for a little while, but it hasn’t sold. No buyers have come to look at it. At first I thought the price was fair. . . . → Read More: Should I talk to my realtor about a short sale?