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Negotiating a Short Sale

Negotiating a Short Sale

Negotiating a Short Sale The first step in the Short Sale process  is to meet and fill out a few forms, like a financial worksheet and an authorization for me to talk with your lender. We talk about your situation to make sure you have a hardship the bank might agree...

Having Trouble Paying Your Mortgage?

(post 2 of a 3 part series on Short Sales) Having Trouble Paying Your Mortgage? The first thing I need you to understand  is – I am not here to judge you. I am here to help you – possibly – stay in your home or at the very least avoid foreclosure. I want...

5 Important Short Sale Answers for You

How will a short sale affect my credit? A short sale is a voluntary agreement between you and your lender/investor. Together you will work to sell the home for a much money as possible.  The bank will determine if the difference owed will be collected from you or...

6 Steps to Closing a Short Sale

There is nothing fast about a short sale.  A home is a “Short Sale” when the owner of the home owes more to the bank for their property then the property can sell for on the open market and the owner needs to sell. The owner can’t bring additional cash to the closing...

What is a short sale?

A Short Sale is when a home owner, NEEDING to sell their home, cannot sell it for what is owed on the loan, so the lender steps in and will allow the sale to go through and possibly forgive the difference owed – or short. A short sale is a term used by lenders...