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Northeast OH Short Sales: Benefits of Bank of America's New Short Sale Program

Northeast OH – Bank of America’s Cooperative Short Sale makes the entire short sale process easier for everyone involved.

The bank has rolled this out because a short sale reduces their losses compared to a foreclosure. A short sale is quicker than a foreclosure and it doesn’t tarnish the bank’s reputation as much as . . . → Read More: Northeast OH Short Sales: Benefits of Bank of America’s New Short Sale Program

Northeast OH Short Sales: You Must Know When Short Selling Your Property

Northeast OH – We received some interesting and shocking news from another agent. They told us that lenders are are approving short sale and stating that they will allow the seller to walk away owing nothing.

However, after the short sale is complete, then they are resuming collection tactics to repay them on the . . . → Read More: Northeast OH Short Sales: You Must Know When Short Selling Your Property

A Common Northeast OH Short Sale Case Mistake: Waiting To Long To Submit The Contract To The Short Sale Lender

Northeast OH – Short sales have a reputation for taking a long time. But, they can drag on even longer if the paperwork isn’t submitted to the lender in a timely manner.

When the Stop Foreclosure Institute first started doing short sales, we were hesitant to submit anything to the lender until we had . . . → Read More: A Common Northeast OH Short Sale Case Mistake: Waiting To Long To Submit The Contract To The Short Sale Lender

So you are under water?

Feel like this is your house? Short sales do work if you have your expections set correctly!

This article on from the Wall Street Journal appeared on my radar: “So You Are Underwater What Is Next?” It discusses different options for those underwater and mentions the ethical dilemma that those who could . . . → Read More: So you are under water?