Real estate blog entries tagged with two loans short sale by Elizabeth Weintraub, Sacramento Short Sale Agent, Land Park, East Sac, Lyon RE (Top 1% at Lyon Real Estate #00697006)

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Home : Blogs : Elizabeth Weintraub, Sacramento Short Sale Agent, Land Park, East Sac, Lyon RE : Elizabeth Weintraub Blog: Lyon's #1 Short Sale Agent : Tag "two loans short sale"

two loans short sale: The Number One Short Sale Question - 05/26/10 09:02 AM

One of the main questions sellers who are contemplating a short sale always ask is whether they should stop making mortgage payments. There is no cut and dry answer to that question. Not to mention, it's also a legal question best answered by those in the capacity to render such advice -- which automatically bars real estate agents from answering it, unless those agents sport a J.D. after their names.
Every situation is different. Every short sale seller is different. Some sellers have a high tolerance for risk and others do not. See, the thing is if you stop making a … (10 comments)

two loans short sale: Two Loans on a Short Sale Are Not Impossible to Close - 05/08/10 10:07 AM

As a Sacramento short sale agent, the most common question I get asked by other agents when they call is how many loans are secured to the property. If agents would just click on the APN number in MLS, that question would be answered for them. But the underlying assumption in that question is that two loans on a short sale make it too difficult to close, and that's not necessarily true.
Granted, two loans on a short sale are more challenging and may require extensions because trying to line up two lenders to close at the same time is tricky. … (11 comments)

two loans short sale: I'll Take Stepping in Cat Puke, Alex, for $200 - 03/18/10 09:26 AM

What's worse? Stumbling out of bed in the morning and stepping into cat puke or finding out the preapproved buyer for your short sale is not really preapproved? I tell you what, I'll take the cat puke between my toes.
You might ask how something like this can happen when the listing agent is holding a preapproval letter from Wells Fargo, and I'll tell you what every agent knows. Many preapproval letters aren't worth dirt.
Five months ago, I received an second offer on one of my Sacramento short sale listings. We had previously been in escrow with a buyer who … (19 comments)

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Elizabeth Weintraub, Sacramento Short Sale Agent, Land Park, East Sac, Lyon RE

Sacramento, CA

More about me…

Top 1% at Lyon Real Estate #00697006

Address: 2801 J Street, Sacramento, CA, 95816

Office Phone: (916) 233-6759

Cell Phone: (916) 233-6759

Email Me

Broker-Associate at Lyon Real Estate, midtown Sacramento. Selling since 1974. Home Buying Columnist at About.com. Sacramento short sale agent.

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