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By CarlOrbase, on January 18th, 2012%
Northeast OH – Mistake #1: Deeding your property to a third party without confirming that your debt has been paid off.
Deeding your house to someone else is one way to avoid foreclosure. However, there are some things you need to do before you make a decision to deed your house to someone else . . . → Read More: Northeast OH Short Sales: Mistakes To Avoid When Facing Foreclosure
By CarlOrbase, on November 14th, 2011%
Northeast OH – The Stop Foreclosure Institute recently received a question from James. Here was his question.
“We are in the middle of a very long negotiation with a large national lender.
I had my agent put a clause into the contract stating “upon approval of short sale by sellers’ lender, lenders, & or . . . → Read More: Northeast OH Short Sales: Why Won’t My Lender Allow Me To Walk Away With No Deficiency?
By CarlOrbase, on October 17th, 2011%
Northeast OH – Short sales can take a long time. The banks are difficult to deal with and many agents do not understand short sales and don’t know what they are doing.
Because of this, many buyers shy away from short sales. Or, if they do make an offer, then they still continue to . . . → Read More: A Common Northeast OH Short Sale Negotiation Mistake: Taking The Property Off The Marketing Before the Short Sale Is Completed
By CarlOrbase, on October 5th, 2011%
Northeast OH – Many times you will feel pressure to reply right away to an offer. But, that doesn’t mean that you shouldn’t negotiate.
Buyers are impatient and if they really like your house, then they will want an answer to their offer right away. But, you know what else that means?
Click here . . . → Read More: A Common Northeast OH Short Sale Negotiation Mistake: Allowing The Buyer To Pressure You Into Accepting The First Offer
By CarlOrbase, on October 5th, 2011%
Northeast OH – What is your final goal? You want to sell your property quickly for top dollar, right? Keep that goal in mind during the entire negotiation.
I have seen people kill a potential sale to a person that would have been willing to pay top dollar for a property because they didn’t . . . → Read More: A Common Northeast OH Short Sale Negotiation Mistake: Letting Your Ego Get Involved
By CarlOrbase, on October 4th, 2011%
Northeast OH – Many buyers will ask what your bottom line is. They know that they can usually negotiate a home seller down to an even lower price.
Don’t fall for it. You’ve already made the first move by setting a price for your home. Tell the buyers that you need to think it . . . → Read More: A Common Northeast OH Short Sale Negotiation Mistake: Dropping Your Price Before Negotiations Start
By CarlOrbase, on October 4th, 2011%
Northeast OH – This is the worst sin of negotiating. Don’t tell the buyer’s or their agent your life’s story.
What do you think would pop into a buyer’s head if they heard this out of a seller’s mouth? “We must sell the home because it is in foreclosure and if we don’t sell . . . → Read More: A Common Northeast OH Short Sale Negotiation Mistake: Talking Too Much
By CarlOrbase, on October 4th, 2011%
Northeast OH – Despite what you have been told price isn’t the only reason people buy. Maybe they really like a certain feature in your home.
They might be willing to pay more because of that feature. Sometimes they might even absolutely love that feature.
They have been home hunting for a while and . . . → Read More: A Common Northeast OH Short Sale Negotiation Mistake: Not Learning The Buyer’s Motivation
By CarlOrbase, on October 3rd, 2011%
Northeast OH – Some buyers will think that since your house is a short sale, then they can make any lowball offer.
Many sellers get offended over their offers and turn them away. After going thru many short sales we have actually found that lowball offers are not necessarily a bad thing. Let me . . . → Read More: Northeast OH Short Sale Negotiation Tip: Don’t Get Insulted By Lowball Offers
By CarlOrbase, on October 3rd, 2011%
Northeast OH – Many people mistakenly think that a short sale is adversarial. “I will fight that banker and convince them to let me short sale and walk away from the upside down debt”, they think to themselves.
That is not how short sales actually work. Most negotiations are not adversarial. In fact, most . . . → Read More: A Common Northeast OH Short Sale Myth: Short Sales Are Adversarial
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