So I just found out that a title company prospected my seller after we went under contract on her short sale telling her they could negotiate her deal so she didn't have to pay someone else to. Has anyone else heard of this or had it happen to them??
Read more…New Fannie Mae guidelines state a borrower who has done a "Short Sale" must only wait two years to re-establishing credit and be able to get a mortgage again. Deed-in-Lieu of Foreclosure: 4-year time period from completion date (date deed-in-lieu ex
Read more…Anyone have contact info for who is in charge at Saxon? I really want to speak with the CEO if you have his email. These guys are terrible and I plan on taking it to the top!
Read more…A Short Sale is one of several pre-foreclosure remedies. In order to request a Short Sale, from your Lender, you must have a hardship AND you have to be able to prove it. It has to be a legitimate hardship. Hardship: Noun 1. conditions of life tha
Read more…Isn't it funny how one $8000 price adjustment on a $200,000 short sale listing can create a frenzy and multiple offers? I have found that overpriced short sales are a great opportunity for the buyer's agent that understands the short sale process. If
Read more…A Short Sale is when you need to sell your property but the amount owed exceeds the value of the property AND you are asking the lien holder (lender) to accept less to release the lien. You are asking your lender to accept a "short" payoff so you can
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