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I Am Trying To Buy A Northeast OH Short Sale. Can I Push The Process To Go Faster?

Northeast OH – Buyers often ask us how they can make the short sale process go faster. It is a common complaint.

Here is an example of the emailed we often receive. “I am trying to buy a short sale. It has been 4 months and we have heard nothing except that we are . . . → Read More: I Am Trying To Buy A Northeast OH Short Sale. Can I Push The Process To Go Faster?

The Biggest Mistake Buyers Make When Buying A Short Sale

Northeast OH – We get all sorts of questions from buyers trying to purchase short sales. “We made an offer on a short sale almost 2 months ago. We haven’t heard anything back from the bank. Why won’t they approve my offer?”, they ask us.

Click here to discover how other sellers successfully did . . . → Read More: The Biggest Mistake Buyers Make When Buying A Short Sale

Step Three to Get A Northeast OH Short Sale Approved In 90 Days Or Less

Northeast OH – We are explaining the steps to approving a short sale in 90 days or less. Today, we’re going to explain Step 3: Find out the BPO value.

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

This seems fairly simple. But, most agents never find . . . → Read More: Step Three to Get A Northeast OH Short Sale Approved In 90 Days Or Less

Northeast OH Short Sales: Mistakes To Avoid When Facing Foreclosure

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

Northeast OH Short Sales: Why Won’t My Lender Allow Me To Walk Away With No Deficiency?

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?

A Common Northeast OH Short Sale Negotiation Mistake: Taking The Property Off The Marketing Before the Short Sale Is Completed

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

A Common Northeast OH Short Sale Negotiation Mistake: Allowing The Buyer To Pressure You Into Accepting The First Offer

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

A Common Northeast OH Short Sale Negotiation Mistake: Letting Your Ego Get Involved

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

A Common Northeast OH Short Sale Negotiation Mistake: Dropping Your Price Before Negotiations Start

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

A Common Northeast OH Short Sale Negotiation Mistake: Talking Too Much

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