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Will I Owe A Deficiency On A Northeast OH Short Sale If I Have A USDA Loan?

Northeast OH – Another common type of loan that does not usually have a deficiency is a USDA loan. The USDA loan program was created to make it easier for people that lived in rural areas to buy their own home.

Click here to discover how other sellers successfully did a short sale and . . . → Read More: Will I Owe A Deficiency On A Northeast OH Short Sale If I Have A USDA Loan?

Northeast OH Short Sale Question: I am current on my mortgage; will my lender consider a Short Sale?

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

“I am current on my mortgage with X Bank (one of the top 4 US banks.) However, I would like to short sale and move for my new job.

I am current on my mortgage. Will my lender . . . → Read More: Northeast OH Short Sale Question: I am current on my mortgage; will my lender consider a Short Sale?

Northeast OH Short Sales: How To Find Out Who Owns The Loan So You Can Hold Your Bank Accountable

Northeast OH – In our last post, we talked about how you could contact the entity that owns a loan. But, some people were wondering how they could find out who owned their loan.

“I thought ABC Bank owned my loan. I send them a payment every month”, they told us. Well, here is . . . → Read More: Northeast OH Short Sales: How To Find Out Who Owns The Loan So You Can Hold Your Bank Accountable

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?

How Long Do I Have To Wait After A Northeast OH Short Sale To Buy Another Home?

Northeast OH – The Stop Foreclosure Institute gets asked this question quite a bit. The answer depends on the type of loan you are looking to use to purchase your next home.

Here are the details on your options to buy another home after a short sale.

Get my Free, Step By . . . → Read More: How Long Do I Have To Wait After A Northeast OH Short Sale To Buy Another Home?

Seven Ways You Benefit From A Northeast Ohio Short Sale

Northeast OH – A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home. We gave them the normal answer: “It’s much better for your credit.”

That was the first thing that popped into our head. But, . . . → Read More: Seven Ways You Benefit From A Northeast Ohio Short Sale

Northeast OH Short Sales: I'm Upside Down on My Home. Is a Short Sale an Option?

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

“If we are not behind on our mortgage but can’t sell our home through a normal sale because we don’t have any equity, can we still qualify for a short sale?

We would like to sell . . . → Read More: Northeast OH Short Sales: I’m Upside Down on My Home. Is a Short Sale an Option?

Northeast OH Short Sales: Is It Illegal to Buy The House I'm Short Selling?

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

“Is it legal for a short sale seller to buy the house he is selling on short to reduce his mortgage loan?” asked Mau.

Discover how other sellers successfully did a short sale to avoid foreclosure . . . → Read More: Northeast OH Short Sales: Is It Illegal to Buy The House I’m Short Selling?