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Worried About Owing Money After A USA Short Sale?

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?

How A Northeast OH Short Sale Could Help You Avoid Owing Money In The Future

Northeast OH – A good short sale agent can help you avoid owing thousands of dollars in the future. Why?

Well, the most banks lose money when they reject a short sale. They turn down a sales price of $200,000. They foreclose on the home and put it up for sale.

However, they are . . . → Read More: How A Northeast OH Short Sale Could Help You Avoid Owing Money In The Future

Short Selling Your Northeast OH House? Why Not Get Out Of Debt At The Same Time?

Northeast OH – A short sale is the best option to erase upside down mortgage debt. A homeowner can often erase hundreds of thousands of dollars in debt.

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

I assume that you are looking to short sale for the . . . → Read More: Short Selling Your Northeast OH House? Why Not Get Out Of Debt At The Same Time?

Northeast OH Short Sales: Why do some buyer’s offers get accepted while others are declined?

Northeast OH – The Stop Foreclosure Institute recently received a question from Jonathan. Here was his question. 

“I am looking to buy a short sale. The seller wouldn’t accept my offer. My agent told me it was because the short sale lender has told them they wouldn’t accept the offer.

I am a cash . . . → Read More: Northeast OH Short Sales: Why do some buyer’s offers get accepted while others are declined?

Northeast Ohio Short Sales: If You Bought At The Market’s Peak, Does It Make Sense To Short Sale Your Home?

Northeast OH – Many homeowners bought their home at the peak of the market. In the hardest hit areas, they paid $500,000 for homes that are not selling for $250,000 (or even less.)

Their home is costing them $4,000 a month. (That is the total after paying property taxes and insurance.) Renters have . . . → Read More: Northeast Ohio Short Sales: If You Bought At The Market’s Peak, Does It Make Sense To Short Sale Your Home?

Northeast Ohio Short Sales: Should I just let the bank have the property?

Northeast OH – This is a continuation of a former article about short sales. We often get asked if a short sale is even worth the effort.

“Why don’t I just let the bank have the property”, sellers tell us. “I don’t ever think I’ll be able to fix my credit to be able . . . → Read More: Northeast Ohio Short Sales: Should I just let the bank have the property?

North Eastern Ohio Loan modification light at the end of the tunnel

North Eastern Ohio- The recent news about robo-signers, although embarrassing for fatty lender execs could be fantastic news for burdened homeowners.

If you haven’t noticed the nationwide avalanche of news items and blog posts and discussion about the robo-signers, then here is a synopsis of what is happening. Essentially lenders have been ignoring state . . . → Read More: North Eastern Ohio Loan modification and and options are prime with Robo-signer debacle

Does produce the note work?

There are many ways to defend a foreclosure that you can combine with the produce the note strategy. Because the produce the note strategy is often times not effective you need to have many strategies in your pocket for defending your self in foreclosure. . . . → Read More: Does "produce the note" work as a foreclosure defense strategy?