short sale: Why NAR shouldn’t Ban Short sales - 06/13/08 04:58 AM
You possibly have read the post “NAR should ban Short Sales”. Let me strongly disagree. Even if they could, they shouldn’t. We all need succesfull short sales and no-one more than lenders. I understand the frustration with the process. Lenders present to us total inability to handle the volume. … (8 comments)
short sale: Power of Human Spirit, Honesty and Ingenuity - 05/21/08 01:19 AM
You possibly read my post on Credit Consequences of the Short Sale. I wanted to share with you another story. I decided to do it in a separate post as while it is sad story it is also a wonderful example of human spirit, honesty and ingenuity.
Yesterday, I received another … (0 comments)
short sale: One more question regarding Short Sale - 08/31/07 07:50 PM
One more Short Sale question: Do you have experience in re-negotiating a short sale amount for a short term loan? I know that if the difference between a mortgage amount and the sale price is too large, some lenders will not cover the full amount but will provide a borrower with an … (181 comments)
short sale: Credit consequences of the Short Sale - 08/31/07 05:30 PM
CAR Short Listing Addendum form (CAR Form SSL, 8/07) clearly states: "A Short Sale may have negative impact on Seller's credit rating even if foreclosure process has not officially begun or once begun, is not completed". What is your experience with the Short Sale? Was your clients FICO score impacted? Always? Some times? … (179 comments)
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