short sale: Read this BEFORE you sell your home as a short-sale! - 04/20/09 05:50 PM
Note: This blog pertains to the state of California. Lending laws and regulations may differ in other states.
Many sellers proceed with a short-sale prior to consulting a CPA and attorney. Don't make this mistake! There is a significant amount of erroneous information about short-sales and the ultimate impact on you, (17 comments)
short sale: Professional Short Sale Buyer - Use Extreme Caution! - 01/12/09 05:35 PM
I received a potentially dangerous phone call on one of my short-sale listings. Let me give you the overview.
A Realtor called and said he was representing a "professional short-sale buyer" who purchases short-sales in great neighborhoods, negotiates the short-sale with the lender and has a 89% success rate. Always curious, I asked (13 comments)
short sale: Life Lessons - What I learned from Short-Sale Sellers - 12/22/08 05:23 PM
I list Short-Sales. As I type this, I can sense the shivers of dread running down your spine and, you're right, they are time-consuming, frustrating and downright grueling to get closed. The trial of lender negotiations and our role as the sole person between the seller and potential foreclosure is not (4 comments)
short sale: FHA Hope for Homeowners (H4H) program - is it a false front? - 12/02/08 08:02 PM
After a frustrating week, I am coming to the Active Rain community - specifically the mortgage professionals - for feedback and direction.
I received a referral from a current Short-Sale client. During the initial meeting with the new clients, I learned:
the clients don't want to sell their home if there is any (10 comments)
short sale: Homeowners Delinquent on their Mortgage Payments - 07/14/08 10:19 PM
Due to my extensive lending background, I have received numerous phone calls from homeowners who are delinquent on their mortgage payments asking for advice. As a result of these calls I have learned the unfortunate truth that many homeowners wait too long to determine their options, the end result being a (5 comments)
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