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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

Northeast OH Short Sales: How Bankers Lose Money By Being Incompetent On Short Sales

Northeast OH – A Short Sale can help you avoid owing your bank for losing money when they reject a short sale offer. Here is an example of how a bank lost money by delaying the short sale process.

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

. . . → Read More: Northeast OH Short Sales: How Bankers Lose Money By Being Incompetent On Short Sales

Will your Northeast OH Short Sale Realtor follow up properly to ensure success?

Northeast OH – We got a short sale approved yesterday. This file was a fiasco from day one. Despite the incompetence we suffered, we got the file approved thru persistent follow up. The first lender handling the file was incredibly incompetent. Their short fax number didn’t work. We mailed the short sale package to them . . . → Read More: Will your Northeast OH Short Sale Realtor follow up properly to ensure success?

Northeast OH Short Sale Help: Another short sale almost killed by lender incompetence

Northeast OH – We have seen many instances where a short sale that should have been approved was denied. If your short sale realtor doesn’t know what they are doing, then you might get stuck with a promissory note that you don’t deserve.

Click here to discover how other sellers successfully did a short sale . . . → Read More: Northeast OH Short Sale Help: Another short sale almost killed by lender incompetence

60 Minutes and The Housing Market – How Does Short Sales in Northeast OH Fit In?

Northeast OH– Very few people disagree that banks are not handling the housing crisis properly. Why is it so hard to get a reasonable loan modification?

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

Pollution is defined as the following by Wikipedia: “Pollution can be a simple . . . → Read More: 60 Minutes and The Housing Market – How Does Short Sales in Northeast OH Fit In?

Northeast OH Short Sales: How To Hold Your Bank Accountable

Northeast OH – In our last post, we ranted about how the bankers do a lousy, incompetent job on short sale and loan modification negotiations.

Here is how you can avoid suffering under their incompetence. The key is to hold your bank accountable. Here’s how to do that.

Click here to discover how other . . . → Read More: Northeast OH Short Sales: How To Hold Your Bank Accountable

Northeast OH Short Sales: What Occupy Wall Street Doesn't Know About Bankers

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

Northeast OH Short Sales: Are Banks Polluting The Economy?

Northeast OH – Very few people disagree that banks are not handling the housing crisis properly. Why is it so hard to get a reasonable loan modification?

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

Pollution is defined as the following by Wikipedia: “Pollution can be a . . . → Read More: Northeast OH Short Sales: Are Banks Polluting The Economy?

Northeast OH Short Sales: Does escalating the file even work?

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

I am an agent and I am helping someone short sell their house. X Lender (to remain unnamed) claims that they have sent a short sale package to the seller a couple of times.

But, they haven’t . . . → Read More: Northeast OH Short Sales: Does escalating the file even work?

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