Getting ready to go track down my Short Sale sellers for some needed signatures!
Sometimes, in order to help people avoid foreclosure, and get a short sale done, it becomes necessary to do more legwork than in a regular transaction.
In this particular case, my seller has moved out of their home to a more affordable location [...]

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 [...]

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 [...]

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 [...]

12% of Existing Mortgage Holders are Behind on their Mortgage or in Foreclosure…as the Housing Crisis Spreads to Borrowers with Good Credit.