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The Advantages A Northeast OH Short Sales Has Over Foreclosure

Northeast OH – Some people don’t know why they should bother with a short sale. “I’ll just let the bank foreclose. A short sale isn’t worth the aggravation”, they tell us.

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

There is one simple reason I would prefer . . . → Read More: The Advantages A Northeast OH Short Sales Has Over Foreclosure

Northeast OH Short Sales: Why Persistence Is So Important In Success At Short Sales

Northeast OH – In a recent blog posts, I discussed how banks throw out a short sale file if it is rejected. When an offer comes in on a short sale, it takes 30-60 days for a person at the bank to look at the offer.

Click here to discover how other sellers successfully . . . → Read More: Northeast OH Short Sales: Why Persistence Is So Important In Success At Short Sales

How Can a Northeast OH Realtor Help Me When I’m Facing Foreclosure?

Northeast OH – While most people think of realtors as a person you turn to only when you’re buying or selling a home; many don’t realize that a realtor’s expertise in the housing industry can help you in other ways also. If you are facing possible foreclosure, turning to a realtor for help may . . . → Read More: How Can a Northeast OH Realtor Help Me When I’m Facing Foreclosure?

Northeast OH Short Sale Myth: Banks Aren't Approving Short Sales Because They Don't Want To Take Big Losses

Northeast OH – This is another short sale myth we’ve seen tossed around. Some people in the media even suggested that banks were delaying foreclosures to delay losses being recorded on their books.

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

Here is what I think is . . . → Read More: Northeast OH Short Sale Myth: Banks Aren’t Approving Short Sales Because They Don’t Want To Take Big Losses

Northeast OH Short Sale Myth: Short Sales Are Always Sold Below Market Value

Northeast OH – Some people think that short sales represent a bargain in the real estate world. Some people have said that banks sell short sales for below market value because they want to avoid foreclosure.

That isn’t true. Yes, banks do prefer to sell a property in foreclosure as a short sale. They . . . → Read More: Northeast OH Short Sale Myth: Short Sales Are Always Sold Below Market Value

We Must Educate The Public About Banker’s Stupid Decisions On Northeast OH Loan Modifications

Northeast OH – Does it make you angry when a bank kicks a family out of their home and loses money as a result? This happens all the time. Let me explain how.

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

A family buys a home for . . . → Read More: We Must Educate The Public About Banker’s Stupid Decisions On Northeast OH Loan Modifications

Northeast OH Short Sales: Why Is This Lender Lying To This Homeowner?

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

“My lender ******** Bank verbally told me that my short sale was approved. However, now they are now telling me that Fannie Mae did not approve the sale.

They gave me an option to pay $3,000 upfront . . . → Read More: Northeast OH Short Sales: Why Is This Lender Lying To This Homeowner?

Northeast OH Short Sales: Does escalating the file even work?

Northeast OH – The Stop Foreclosure Institute recently received a question from Katie. Here was her question.

I am an agent and I am helping someone short sell their house. X Lender (to remain unnamed) claims that they have sent a short sale package to the seller a couple of times.

But, they haven’t . . . → Read More: Northeast OH Short Sales: Does escalating the file even work?

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

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