Attention Realtors- Looking for Short Sale Seller's on or going in NJMLS or GSMLS in Northern NJ. If you are getting a listing contact me before you put the listing on the market on we will review the best path to get the property properly listed, under contract and positioned for a successful short sale in record time. Deal with a pro and see how much fun properly planned and executed short sales can be and quickly become a market leader in your area from the expertise you will learn by…

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Team,

There is lots of discussion regarding payments to secure release of various subordinate liens. Second mortgage, tax lien, HOA, water etc.

Anyone who works with short sales knows the problem.

And, one hears quite frequently: "It's illegal!! Clearly, a violation of RESPA."

I am not an attorney nor a RESPA expert, by any means, but I have actually read RESPA and parts of the CFR. I find no reference nor have I seen anyone cite a…

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Hardship: Financial and medical.



The Seller is in his 80s and had never made a late payment on anything his

entire life until he missed 3 payments on this property. He had lived

here for almost 20 years. The property was refinanced to help pay the

medical expenses of his terminally ill wife who recently passed away.



1st Lien with Bank of America for $179,000. No other… Continue

CHANGES IN CHASE'S SHORT SALE PROCEDURE

I just learned that Chase has a new division, List Assist, dedicated to streamining the short sale process and answering questions from customers and realtors!!

Here are two changes, similar to the FHA short sale program:

• In this process BPO's will be ordered up front and guidance provided on the sale price!
• DO NOT WAIT FOR THE BUYER. Submit a…

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