Margaret C. Taylor's Blog (4)
Listing an Under Water Home with No Hardship
How do you list an under water home with no hardship. If the Seller is willing to bring the "difference" to the table does the Buyer have to be informed? Does this have to be "announced" in the MLS? I think there will be more of these transactions and I want to address them appropriately. Has anyone heard of the lender reducing the debt when there is no hardship?
Added by Margaret C. Taylor on May 18, 2010 at 8:21am — 11 Comments
CHANGES IN CHASE'S SHORT SALE PROCEDURE
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…
Added by Margaret C. Taylor on May 1, 2010 at 8:00am — 4 Comments
WHY DO I WANT TO DO SHORT SALES?
I want to be SUCCESSFUL at Short Sales because I WANT TO BE PART OF THE SOLUTION for all of us: distressed home owners, neighborhoods and the economy.
Short Sales are less detrimental to everyone.
Both Sellers, and Buyers, need Real Estate Agents educated in the Short Sale process, trial and error experiences are not enough. We must understand the expectations of the Lenders and meet them.
Sellers need to know there is another solution, other than… Continue
Short Sales are less detrimental to everyone.
Both Sellers, and Buyers, need Real Estate Agents educated in the Short Sale process, trial and error experiences are not enough. We must understand the expectations of the Lenders and meet them.
Sellers need to know there is another solution, other than… Continue
Added by Margaret C. Taylor on January 7, 2010 at 5:46am — No Comments
What Makes a Successful Short Sale?
WHAT MAKES A SUCCESSFUL SHORT SALE?
I asked this question on a couple of other group sites. I was surprised at some of the comments and so I am interested in the responses on this site. Maybe the same people are here.
As a new Realtor with some specific training in Short Sales I am curious why the word 'offer' is used interchangeably with the word contract. Please help my understanding. Once an offer is accepted it is a contract and there can only be one contract on a… Continue
I asked this question on a couple of other group sites. I was surprised at some of the comments and so I am interested in the responses on this site. Maybe the same people are here.
As a new Realtor with some specific training in Short Sales I am curious why the word 'offer' is used interchangeably with the word contract. Please help my understanding. Once an offer is accepted it is a contract and there can only be one contract on a… Continue
Added by Margaret C. Taylor on December 31, 2009 at 5:43pm — 4 Comments
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