Yesterday, my team was able to negotiate another Short Sale Approval. If all goes well between here and the closing date, and those is NO reason to think it will not, we will have helped another homeowner facing foreclosure. My team will have helped another family avoid the devastating effects of foreclosure!!
Our Short Sale Seller [...]

When speaking to a prospective Short Sale client today, I was alarmed by how resistant this particular distressed property owner was to the idea of me listing her property for sale!! Her biggest concern, by far, seemed to be that she had put all of her remaining life’s savings into trying to keep up the [...]

quan⋅da⋅ry /ˈkwɒndəri, -dri/[kwon-duh-ree, -dree]
 –noun, plural -ries.

a state of perplexity or uncertainty, esp. as to what to do; dilemma.

 
While I have seen first-hand the difficulties created by the inflation and subsequent bursting of the housing bubble, I think it is fascinating to sit back and watch as the very people and institutions which caused this mess [...]

Just a heads up…you want to ask your next potential Short Sale Seller IF their orignal loan(s) to purchase the property were FHA loans.
Bank of America, and possibly others, are now requiring certain FHA-specific documents to be signed by the Seller for inclusion in their Short Sale package, as well as specific language to be [...]

I couldn’t help but think of the words of my short sale mentor when I received buyer’s notification of cancellation on one of my pending short sales.
When referring to the ups and downs of short sales, he always says, “don’t take any of it personally”!!
And in this case, I’m certainly not going to take it [...]

Working with Wells Fargo – ASC on our most recent Short Sale negotiation has been very frustrating, to say the least.
As those of you who have had experience with Short Sales know, all too well, the Short Sale process of dealing with a bank’s negotiator can be very trying.
In this current negotiation, we “thought” we [...]