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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

How A Northeast OH Short Sale Realtor Determines The Value Of Your Home

Northeast OH – It is very helpful in loan modification negotiations to know the fair market value of your home. You can use the value to convince your lender to accept your loan modification offer.

As an experienced Short Sale Realtor, I can help you determine the value of your home. Here’s how I . . . → Read More: How A Northeast OH Short Sale Realtor Determines The Value Of Your Home

Northeast OH Short Sales: Loan Modification Loss Comparison Calculator

Northeast OH – If you are looking to convince your lender to approve your loan modification, then here is a tool you might find useful.

Here is a sample calculator you can use to convince your lender to approve your loan modification.

Click here to discover how other sellers successfully did a short sale . . . → Read More: Northeast OH Short Sales: Loan Modification Loss Comparison Calculator

Northeast OH Short Sales: How To Hold Your Bank Accountable

Northeast OH – In our last post, we ranted about how the bankers do a lousy, incompetent job on short sale and loan modification negotiations.

Here is how you can avoid suffering under their incompetence. The key is to hold your bank accountable. Here’s how to do that.

Click here to discover how other . . . → Read More: Northeast OH Short Sales: How To Hold Your Bank Accountable

Northeast OH Short Sale Myth: There Are No Rules Or Guidelines For Short Sales

Northeast OH – I recently saw an article written by a prominent, so called short sale expert. In the article, this supposed expert says the only rules for short sales are HAFA, but even those rules are subject to interpretation.

That is like saying that there are no traffic laws. If that were the . . . → Read More: Northeast OH Short Sale Myth: There Are No Rules Or Guidelines For Short Sales

Trying To Short Sale Your Northeast OH Home, But Worried The Lender Might Foreclose On It First? Try This.

Northeast OH – Short sales can drag out. It takes 1-2 months to sell the house. Then, the short sale negotiations start.

They can drag out for 3-6 months. In the meantime, if you aren’t paying on the mortgage, then the lender will be trying to foreclose on the house.

Here is a tactic . . . → Read More: Trying To Short Sale Your Northeast OH Home, But Worried The Lender Might Foreclose On It First? Try This.

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: Not Learning The Buyer’s Motivation

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

A Common Northeast OH Short Sale Myth: Short Sales Are Adversarial

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