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short sale: $699,900 | Short Sale Approved* | Lake Front Luxury Hm w/Heated Pool, Hot Tub, Outdoor Fireplace | 6+ BR/5.5 Baths! - 04/30/09 11:49 AM
Unbelievable deal in desired Hickory Flat Area of Canton Georgia! Short Sale Approved*, Back on Market due to Buyer's Loan Denied at last Minute! Hurry before Short Sale Approval Amount Changes!!!!
Instant Equity!
… (2 comments)
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short sale: What is a Short Sale & Is It For Me? | Help for Homeowner's! - 07/30/08 11:05 PM
Lately I have had numerous people ask me if they should try to short saletheir home. These are people who are stuck in increasing adjustable rate mortages, interest only loans with balloon payments coming due that can't refinance or afford to pay the balloon payment, high interest rate loans with extremely high mortgage payments that they can no longer afford and people who want or need to sell, but feel that they won't be able to get what they owe on their homes due to declining values.
Short sales have saved many people from foreclosure thus saving lenders hundreds of thousands that they would … (0 comments)
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short sale: Basic Short Sale Tips | The Short Version - 06/17/08 09:44 AM
Just a few general tips for agents, buyers and sellers regarding listing, making offers and contracting to purchase short sale properties. Most of this is standard stuff, but I have found that many buyers, sellers and agents are not aware of the particulars of a short sale.
Remember that each lender tends to handle the short sale details a little differently than the next, so do your due diligence, make some calls and find out exactly how the lender for this property handles things, what they expect from you and what you can expect from them! It is best to always … (4 comments)
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short sale: Short Sale Package | Standard Items Needed - 06/17/08 09:42 AM
Short Sale Package |Working with a Mortgage Company | Standard Items Needed!
Cover Sheet/Letter Authorization to Release Form Hardship Letter (supporting documents needed; i.e. divorce decree, bankruptcy, etc) Purchase Contract Signed by the buyer/seller, Addendums, Disclosure Good Faith Estimate or HUD-1 (must match the Purchase & Sale Agreement) Buyers Loan Approval Letter or Funds to Close Letter Copy of Buyer's Earnest Money Seller's Pay Check Stubs (last 2-3 months) Seller's W2's and Tax Returns (all pages) from the last 2 years Seller's Bank Statements (2 to 4 months back), 401K and Savings Acct Statements. Broker Listing Agreement, Addendums and Disclosures MLS … (0 comments)
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short sale: Hardship Letter | Imperative for Negotiating a Short Sale - 06/17/08 09:40 AM
Creating a compelling hardship letter requires creativity. Be honest, but convey that you are suffering from hardship, your situation is bleak and you do not see a way out. This letter is very important and should be written with correct grammar, spelling and should convey your message in effectively. Be sure to include copies of all documentation that can/will prove your state of affairs.
The Seller's Hardship Letter should be at least one page long and should convey that the homeowner is in a dire situation, cannot make his/her payments and why the situation is not likely to change. You will … (4 comments)
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Michelle Miller, ABR®, REALTOR®
Woodstock,
GA
More about me…
RE/MAX Town & Country
Address: 14205 Highway 92, Suite 109, Woodstock, GA, 30188
Office Phone: (770) 928-4966
Cell Phone: (404) 538-5396
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