Chose a Trained Agent to Rescue You with a Short Sale
An experienced agent will save you with a sale that relieves all your debt.
Or, You Could Crash and Burn with an Untrained Short Sale Agent
Choose only agents who are trained as Short Sale Negotiating Specialists to safely do a short sale.
Short Sale Gets You Out of Trouble
Is your home underwater? Do you owe more than it is worth, and you cannot afford the payments? Don't let yourself slip further and further into trouble. This website has an abundance of resourses to help you. You might want to consider a loan modification to change the payments so you can afford them. You might look at giving the home to the lender if you only have one loan, using a deed in lieu of foreclosure. The best answer for many homeowners is a short sale where you sell the home for less than what is owed and your ...
Stop Stress With a Short Sale
Financial problems can cause you a great deal of stress. You struggle to make the payments, or you fall behind on your mortgage, and the lenders send you scary letters. You need to know your choices. Foreclosure is one choice, but it is frequently not the best choice because it hurts your credit and makes it nearly impossible to get a good loan for 5 years, not to mention the effect on your family when you are evicted from the house by the authorities. Loan modifications are available using the Home Affordable Modification Program (HAMP). If you have only one ...
New HAFA Short Sales
On November 30, 2009, the U.S. Treasury issued new guidelines under the Making Home Affordable program to create the Home Affordable Foreclosure Alternatives Program (HAFA). Those guideliens were modified March 26, 2010 and the HAFA program went into effect April 5, 2010. If HAFA is implemented widely, the Short Sale process could completely change. The new program will reverse the Short Sale procedure from the Realtor’s perspective. Now, the Realtor and the seller take all the risk associated with Short Sales. They hope the seller will qualify for a Short Sale and they hope they will get a sales price high enough to be acceptable to the ...
Short Sale Do's & Don'ts
Don’t Have Short Sale Moving Problems
In a real estate short sale, you have a seller with no money who needs to move out...
Don’t Represent Jerks in a Short Sale
Even more than usual, you need to be able to rely on your seller in a short sale. When...
Don’t Let the Buyer Misunderstand a Short Sale
Many Realtors have never done a short sale. If they represent buyers, they do...
Read More Posts From This CategoryShort Sale How To
Fannie and Freddie’s HAFA Program: Good News and Bad News
Fannie Mae and Freddie Mac loans were exempt from the HAFA short sale program that...
Negotiate Short Sales Better: Find the Investor
Short Sales Need Artful Negotiating Negotiating a short sale requires an understanding...
Short Sales and the Military
Special Military Benefits Make Short Sales Easier One of the causes of financial...
Read More Posts From This CategoryShort Sales Stories
HAFA Short Sales Explained
On November 30, 2009, the U.S. Treasury issued new guidelines under the Making Home Affordable program to create the Home Affordable Foreclosure Alternatives Program (HAFA). Those guideliens were modified March 26, 2010 and the HAFA program went into effect April 5, 2010. If HAFA is implemented widely, the Short Sale process could completely... [Read more of this review]
Obama Administration Plan to Improve Short Sales
Short Sales Will be Streamlined and Encouraged by the Treasury On May 14th, 2009, the Making Home Affordable program created by the Obama administration was expanded by the Treasury Department to provide incentives for homeowners and lenders to engage in short sales. The program also encourages deeds in lieu of foreclosure. The Treasury Department unveiled... [Read more of this review]
Can Buyers Speed Up a Short Sale Review?
Short Sale Review Has Limited Roles for Buyers, Buyer’s Agents & Well Meaning Fathers I received a message submitted from this website from Dave that said: “Your web site has the best information I have seen. I am trying to help my son purchase a short sale home and am frustrated with the not only the slow response from bank of... [Read more of this review]
Read More Posts From This Category