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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

The Final Numbers On How A Northeast OH Short Sale Reduces Losses

Northeast OH – On our last blog post, we ran some numbers on why a short sale reduces a lender’s losses by 20% compared to a foreclosure.

Today I am going to add all the numbers together. That way we can see exactly how much this lender lost by not accepting the short sale.

. . . → Read More: The Final Numbers On How A Northeast OH Short Sale Reduces Losses

Why A Northeast OH Short Sale Saves Your Lender Money

Northeast OH – We throw around the statistic that a short sale reduces a lender’s losses by 20% compared to a foreclosure.

However, I am sure that there are many people who find that hard to believe. So today I am going to give you a breakdown of exactly why it happens.

Click here . . . → Read More: Why A Northeast OH Short Sale Saves Your Lender Money

Another strategy to use when negotiating a Northeast OH Loan Modification

Northeast OH – Lenders hate losing money. They hate loan modifications, principal reductions, and any other thing that causes them to lose money.

But, in today’s tough economy they have no choice but to accept them. The primary reason a lender will grant a loan modification is because that usually reduces their losses.

. . . → Read More: Another strategy to use when negotiating a Northeast OH Loan Modification

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