All Discussions (4366)
Why Do Short Sales?
You've probably heard...."Short Sales are difficult and a big waste of time" and "Rarely do they close and when they do you don't get paid". I If you believe these statements to be true then one of my goals with this seminar is to prove you wrong.
Read more…Countrywide/BOFA Quick Hint
Call 1-866-888-1232 and DO NOT ENTER THE LOAN NUMBER when prompted. Just stay on the line, listen to the multiple requests for loan number. When the auto-responder says, "DO YOU REALLY WANT TO WAIT FOR A REPRESENTATIVE?" Say "YES". That way you will
Read more…Why Is a Short Sale Better Than Foreclosure?
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…What is a Hardship?
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…What is a Short Sale?
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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