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Northeast OH Short Sales: Who Loses When A Loan Modification Fails?

Northeast OH – Most people think that when a loan modification fails, then the homeowner who loses their home is the only party that loses. Well, often the bank loses as well. Let me explain why.

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

Many banks are . . . → Read More: Northeast OH Short Sales: Who Loses When A Loan Modification Fails?

The Second Step In Fixing The Flawed Northeast OH Short Sale Process

Northeast OH – In our last post, we agreed that the first step in fixing the flawed short sale process is to acknowledge what the problem is.

We agreed that the problem is that the lenders and investors are losing billions on defaulted loans.

In addition, American Homeowners are losing billions on declining home . . . → Read More: The Second Step In Fixing The Flawed Northeast OH Short Sale Process

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 Q & A: Can This Seller Short Sale?

 

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

“I recently purchased another home and make a good living. However, I can’t afford to pay both mortgages.

(The house won’t rent for half of the current payment.) An agent told me that the house is . . . → Read More: Northeast OH Short Sale Q & A: Can This Seller Short Sale?