K.I.S.S.
I am a fan of Seth Godin books and his permission based marketing, it is always easier to be an advocate than a salesperson. WE are asking people who are in distress to list and sell their homes.
Here are a few ideas to help you get some id
Read more…My Short Sale Seller is a foreigner. California requires Fed/State Tax Withholding on any sales by a foreigner. Short Sales Net zero..does anyone know if there is an exemption for Short Sales?
Read more…I have a stand alone 2nd mtg. being worked through Equator. Strange that they asked us to negotiate the 1st before the 2nd. The 1st was then sold to another servicer, now it has been successfully negotiated by an attorney (after 8 1/2 months!)
The
Read more…I am thankful for all the advice in this site.
I wanted to give this tip out to others that have had issues getting a bad BPO disputed. I am the listing agent on a short sale and presented an offer to Wells Fargo that was countered at a price that wa
Read more…I am currently working a short sale where the offered price pays the first mortgage holder (VA loan) in full, and has about 60% for each of the remaining two mortgage holders. I was told Friday we are waiting for the VA to do an appraisal and the as
Read more…If you are considering buying a short sale? More and more homes listed for sale these days are short sales and buying one can save you 20 percent or more. However, there are some major differences about short sales that you should know before you mak
Read more…Has any body done a short sale with a Prop. Management Co. in the middle of the transaction.
The Prop. Management lease expires on 9.23.11. Tenant Occupied. Seller motivated to Short sale.
Prop. Management has their own lease with tenants.
If we d
Read more…Hello Superstars,
Newbie here with a question. When a seller chooses to go with a Deed in Lieu of foreclosure, does the lender take the property to trustee sale as with a standard foreclosure? Or does the property skip the foreclosure auction al
Read more…There's a 1st (Chase) and a 2nd (Key Bank) on the property. The sellers filed Chapter 11 (reorganization). Per court order, the seller's plan was confirmed. Chase filed for relief from stay and it was granted so they chose to move forward with forecl
Read more…I am current on my mortgage. I applied for a short sale with Wells Fargo and was approved late July. I am being told from one person at WF that since I have the approval that no more regualr monthly mortgage payments should be made by me. That WF
Read more…The Deed-for-Lease (D4L) Program aims to minimize neighborhood blight and encourage house price stabilization by cutting down on foreclosures, real estate-owned (REO) and vacant properties, and distressed home sales. Ok, sounds good in theory, maybe
Read more…Why would a homeowner prefer to go down the short sale route instead of deed in lieu of foreclosure? It seems like in DILF, the debt may be forgiven. Please educate me.
Read more…
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