Real estate blog entries tagged with loss mitigation by Brian Brumpton, Boise Idaho Real Estate (Keller Williams Boise)

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Home : Blogs : Brian Brumpton, Boise Idaho Real Estate : Boise, Idaho Real Estate News and Information : Tag "loss mitigation"

loss mitigation: Straight from a short sale negotiator - How to make sure they won't respond to you. - 01/06/10 09:01 PM

I finally heard back from the negotiator on one of my short sales today. One thing I always like to do is establish some rapport with them and see what kind of insights I can glean from them about their process and best practices in working with them.
This particular one has been extremely difficult to get hold of and although I've been persistent in my efforts, I've been careful not to cross the line to obnoxious. I couldn't resist asking him to tell me what's the best way to a negotiator to respond.
Apparently the answer is not repeated attempts throughout … (8 comments)

loss mitigation: Banks don't want to foreclose, or maybe they do - 11/06/09 02:55 PM

First and foremost, I'm a big proponent of short sales. Done right, short sales can be a win-win for everyone involved. The lender lowers their loss, the seller avoids foreclosure, and the buyer gets a great deal.
So this is one that left me scratching my head and if anyone would like to explain please chime in.
The story goes:
I had a property listed and after some time on market we eventually settled ended up at $129,000. How did I get to this price? Well after the first offer went south the negotiator advised me to lower it to that … (15 comments)

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Brian Brumpton, Boise Idaho Real Estate

Boise, ID

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Keller Williams Boise

Address: 1065 S. Allante Place, Boise, ID, 83709

Office Phone: (208) 407-3265

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