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Northeast OH Short Sale Question: I Had A Temporary Income Problem. Do I Still Need To Sell My Home?

Northeast OH – You may be in a situation where your income dropped for a few months and then went back to normal.

During that time period, your got behind on your mortgage and other payments. Don’t worry, this isn’t a doom and gloom problem.

Click here to discover how other sellers successfully did a . . . → Read More: NNortheast OH Short Sale Question: I Had A Temporary Income Problem. Do I Still Need To Sell My Home?

How A Northeast OH Short Sale Helps Preserve Neighborhood Values

Northeast OH – Yes, short sales actually help preserve home values in a neighborhood. Here is why.

Most people short sell their home while they are still living in the home. They are maintaining the home, mowing the yard, keeping the air conditioning on, etc.

Most bank owned properties are empty for 3-6 . . . → Read More: How A Northeast OH Short Sale Helps Preserve Neighborhood Values

Northeast Ohio Short Sales: A 2nd Common Loan Modification Trap

Northeast OH – Here is another common loan modification mistake that many homeowners make. They accept a very short term payment agreement that is not a loan modification.

They could have gotten a real modification, but settled for whatever the lender recommended to them. They settled for what is called forbearance. Here’s how it . . . → Read More: Northeast Ohio Short Sales: A 2nd Common Loan Modification Trap