Richard OBrian's Blog – March 2010 Archive (2)

Are You Using a Short Sale Third Party Negotiator? Better be licensed...

If you are considering selling your home Short make sure your listing agent uses a licensed Negotiator or better yet they do it themselves. Stay away from unlicensed or unscrupulous short sale third party negotiators. Someone who charges a fee to…

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Added by Richard OBrian on March 17, 2010 at 7:35am — No Comments

Promissory Note - Killing Your Deals? The Buyer Might Come to the Rescue

Working wonders with short sales, Janet and I have a short sale where the second lean holder wants a $25,000.00 promissory note; which the seller can’t come up with. The second has PMI which adds to the challenge. Normally a seller who elects to sell short doesn’t have the capital to make the payment and is trying to do the right thing by using the short sale option and not…

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Added by Richard OBrian on March 2, 2010 at 11:36am — 12 Comments

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