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Northeast OH Short Sales: Bank won’t allow my seller to avoid short sale process

Northeast OH – The Stop Foreclosure Institute recently received a question from another agent. Apparently they were being mislead on a short sale by a large national lender.

Here is the question we received: “Do you have a number to contact Fannie Mae? The bank (Large National Bank) will not allow the seller . . . → Read More: Northeast OH Short Sales: Bank won’t allow my seller to avoid short sale process

Northeast OH Short Sale: Are Fannie Mae Short Sales Tough?

Northeast OH – Another agent recently e-mailed the Stop Foreclosure Insitute. They were having a hard time with a short sale on a Fannie Mae Loan.

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

Here is an excerpt from the agent’s e-mail.

“I spoke with Josh @ Fannie Mae. . . . → Read More: Northeast OH Short Sale: Are Fannie Mae Short Sales Tough?

Northeast OH Short Sales: Does Fannie Mae Pursue Deficiencies?

Northeast OH – The Stop Foreclosure Institute recently received a question from Steve. Here is his question.

“We are doing a short sale with one of the largest nationwide banks. I told them I wouldn’t do the short sale unless they specifically changed their short sale approval letter to completely release me from the . . . → Read More: Northeast OH Short Sales: Does Fannie Mae Pursue Deficiencies?

Northeast OH Short Sales: The Lender Won't Approve The Short Sale. Now What?

Northeast OH – If you are doing short sales, then you must learn how to escalate a file. Here’s why.

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

What do you do when the house isn’t selling for any more money, but the bank keeps on . . . → Read More: Northeast OH Short Sales: The Lender Won’t Approve The Short Sale. Now What?

Northeast Ohio Short Sales: This Short Sale Negotiator Isn't Doing His Job

Northeast OH – Here is a question that the Stop Foreclosure Institute recently received. “I am in the middle of a very long negotiation with Chase.

The seller had me to put a clause into the contract stating “upon approval of short sale by sellers’ lender, lenders, & or affiliates, client, or heirs . . . → Read More: Northeast Ohio Short Sales: This Short Sale Negotiator Isn’t Doing His Job

Northeast OH Short Sales: Can I Short Sale Investment Property Without A Deficiency?

Northeast OH – The Stop Foreclosure Institute recently received a question from Phil. Here is Phil’s Question.

“I am a California Resident but have 3 distressed Florida Properties pending foreclosure. Under Florida law a creditor cannot garnish wages. Will investor pursue deficiency? If yes, will they follow FL or CA law? Thanks, Phil.”

. . . → Read More: Northeast OH Short Sales: Can I Short Sale Investment Property Without A Deficiency?

Wells Fargo short sale closed in Moreland Hills

This ends up being a huge service to this Moreland Hills Ohio short sale seller because he had significant retirement assets. The bank knew about this but we were still able to negotiate terms on the short sale letter completely releasing the seller from any future liability from the short sale deficiency. When you need to short sale your home make sure you work with an expert. It could mean huge money to you . . . → Read More: Another short sale closed in Moreland Hills

Partial tax credit extension decreases stress for short sale participants

Since the end of April we have several folks who wanted to take advantage of short sales and also get the $8,000 first time homebuyers cash incentive. Of course when it was more necessary than ever to have a timely close one of our short sales went wrong when it was broken into and several vandalized . . . → Read More: Partial tax credit extension decreases stress for short sale participants

How to Avoid Short Sale Fraud

How do you know you can trust the person helping you out? The best thing you can do is work with a state licensed agent or broker like me who specializes in the short sale. Call me at 216-324-6637.

In the short sale news radar a bunch of articles have popped up . . . → Read More: How to Avoid Short Sale Fraud

Do I qualify for a HAMP loan modification to keep my house?

Looking for some help regarding, foreclosures, modifications, or short sales? Give me a call on my cell phone 216-324-6637. Maybe I can help you or direct you to someone who can.

I got the information on this blog post from the Making H0me Affordable FAQ.

If you can say yes to all . . . → Read More: Do I qualify for a HAMP loan modification to keep my house?