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Northeast OH Short Sale Question: I Have A Moral Dilemma. What Should I Do?

Northeast OH– The Stop Foreclosure Institute recently received a question from another agent named Beckie. Here was her question.

I have been waiting on my lender to approvce or deny my short sale for 7 months. We finally received an answer last week in form of a counter offer to the price.

The buyer . . . → Read More: Northeast OH Short Sale Question: I Have A Moral Dilemma. What Should I Do?

Northeast OH Short Sale: Can I Rent My Home If It Is In Foreclosure?

Northeast OH – The Stop Foreclosure Institute recently received a question about renting a home in foreclosure.

Short Sale Question: I am selling 2 of homes that are short sales. I would like to rent the homes during the foreclosure process. I will continue to pay the home owners association fees. I will . . . → Read More: Northeast OH Short Sale: Can I Rent My Home If It Is In Foreclosure?

How Long Does It Take For My Credit To Go Back To Normal After A Northeast OH Short Sale?

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

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

“I like your blog post about how to get out of paying a deficiency. However, how long will it be on your . . . → Read More: How Long Does It Take For My Credit To Go Back To Normal After A Northeast OH Short Sale?

Northeast OH Short Sales: My Ex Is Short Selling. What Can I Do?

Northeast OH – The Stop Foreclosure Institute recently received a question from Tom about short sales. Here was Tom’s Question.

“My Ex-wife decided to Short Sell our former house. Unfortunately we both signed the mortgage when we bought the house together. I think that means I am still liable for the debt.

She got . . . → Read More: Northeast OH Short Sales: My Ex Is Short Selling. What Can I Do?

Northeast OH Short Sale: Can I Rent My Home If It Is In Foreclosure?

Northeast OH – The Stop Foreclosure Institute recently received a question about renting a home in foreclosure.

Short Sale Question: I am selling 2 of homes that are short sales. I would like to rent the homes during the foreclosure process. I will continue to pay the home owners association fees. I will not . . . → Read More: Northeast OH Short Sale: Can I Rent My Home If It Is In Foreclosure?

Northeast OH Short Sales: The Short Sale Process from beginning to end

Northeast OH – The short sale process can vary, but it will generally work as follows:

1) The lender is contacted to discuss the possibility of a short sale and to determine the lender’s process for completing the sale.

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

. . . → Read More: Northeast OH Short Sales: The Short Sale Process from beginning to end

Northeast Ohio Short Sales: How to strong arm your lender on a short sale

Northeast OH – Here is a technique you can use to “strong arm” you’re your lender on your short sale. The number one reason people short sale is to salvage their credit.

After all, a short sale has much less of an impact on your credit than a foreclosure. Despite all this, banks still . . . → Read More: Northeast Ohio Short Sales: How to strong arm your lender on a short sale

Northeast Ohio Short Sales: How To Convince A Lender To Waive A Promissory Note

Northeast OH – Some lenders are very stubborn about collecting what they feel they are “rightfully owed.”

These lenders are usually a lender that you originally got the loan from. A good example is a credit union loan, or a small community bank.

Another common type is loans that were granted with Private . . . → Read More: Northeast Ohio Short Sales: How To Convince A Lender To Waive A Promissory Note

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?

Northeast Ohio Short Sales: Debt Collector Calls - How Can I Stop The Harassment?

Northeast OH – Many of the short sale sellers we help are selling their home to avoid foreclosure. In addition, they are receiving lots of harassing calls from debt collectors.

These debt collectors seem to think that if you call someone with no extra money, then you can still get them to pay. Here . . . → Read More: Northeast Ohio Short Sales: Debt Collector Calls – How Can I Stop The Harassment?