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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

Northeast OH Short Sale Question: I’m In A Jam With Two Mortgage Companies Fighting Over Money

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

“On my short sale, the first mortgage gave me a price and a net they would allow. The title company put together the closing documents and paid the first more than the minimum net . . . → Read More: Northeast OH Short Sale Question: I’m In A Jam With Two Mortgage Companies Fighting Over Money

Northeast OH Short Sale Q & A: The Second Mortgage Wants More Than The First Mortgage Will Give Them

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

“We received a short sale approval on the 1st. They will only pay the second mortgage $3,000. The problem is that the second mortgage wants $5,500.

We are arguing back and forth with the second mortgage. The . . . → Read More: Northeast OH Short Sale Q & A: The Second Mortgage Wants More Than The First Mortgage Will Give Them

Northeast OH Short Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency

Northeast OH – Some sellers think that if they sell their house for more money, then they are less likely to have a deficiency. Let me explain why that is not true.

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

Another realtor recently told us about a short sale they . . . → Read More: Northeast OH Short Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency

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 Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency

Northeast OH – Some sellers think that if they sell their house for more money, then they are less likely to have a deficiency. Let me explain why that is not true.

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

Another realtor recently told us about a short sale . . . → Read More: Northeast Ohio Short Sale Myth: If I Sell For More, Then I Won’t Have A Deficiency