Posted on February 19, 2014 at 8:43am 0 Comments 0 Likes
Understanding a short sale approval letter is a critical skill for a real estate agent, homeowner selling on a short sale, investor buying on a short sale, and anyone affected by a particular short sale transaction.
Most banks approving short sales are national. This means they have loans in most states. However, they often have legal council for the states they have loans in. Because of this, often they will adjust their short sale approvals based on what works on the…
ContinuePosted on February 19, 2014 at 7:58am 0 Comments 0 Likes
Because I am very active in Short Sales in the Portland, OR metro area, I get all kinds of questions by email and phone.
As much as possible, I try to keep the questions and answer in email form. One of the most common questions I get is:
"should I short sale or not". My answer is almost always "it depends". Basically, whether a short sale is a good strategy to unload a property, or not, depends on the specific situation. The email sequence below is a good example of…
ContinuePosted on January 31, 2014 at 8:57am 0 Comments 0 Likes
Thanks for following my blog posts. As you know, I do short sales in the Portland area. This is about a lower end short sale property in Portland.
Back in May of last year (2013) a lady called me. She and her mother wanted to sell a property on a short sale. I usually don't take transactions under $200K. It is not because I am above that. It is because, I have calculated that I may take too much work and not make the hourly fee worthwhile.
For Portland, a…
ContinuePosted on January 30, 2014 at 3:00pm 0 Comments 0 Likes
Doing a Short Sale in Portland
I do a good bit of short sales here in the Portland, Oregon area. I want to share with you my experience working with Resurgent Loan Servicing.
As of this moment, I only have one deal with Resurgent Loan Servicing. I am supposed to get my short sale approval tomorrow at the latest. Lets see.
So far this is how it went.
I got this short sale listing back in June 2013. I had to discount the property several…
Continue© 2024 Created by Brett Goldsmith. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.
Comment Wall
You need to be a member of Short Sale Superstars to add comments!
Join Short Sale Superstars