short sale: Sherman Smith Successful Short Sale Secrets (Secret #5) - 06/06/09 05:37 PM
Did Your Lender Get Your Package?
All of the pages? Are you sure? Several lenders have limits on how many pages their faxes will accept. They also contradict themselves in a way. They ask for a hardship letter, pay stubs, tax returns the offer the counter, financial statements, BPO etc (see … (2 comments)
short sale: Sherman Smith Successful Short Sale Secrets (Secret #3) - 06/06/09 05:17 PM
Order! Order In The Court!
Order just makes things work better. In all parts of life order is important. Especially with a Short Sale Package. This is the key to a quick approval. (See Secret #4 for Quick Approval) Your package needs to be neat, clean and in the proper order. … (0 comments)
short sale: Sherman Smith Successful Short Sale Secrets (Secret #2) - 06/06/09 04:32 PM
The Loan Number!
What is the big deal about the loan number? It is very important. First and foremost you want to see the most recent mortgage statement to obtain the loan number. The reason for this is with all of the new bank takeovers (ie. Countrywide-B of A, WAMU-Chase, Wachovia-Wells … (0 comments)
short sale: Sherman Smith Successful Short Sale Secrets (Secret #1) - 06/05/09 08:42 PM
Do You Know How To Slow Down Your Short Sale Approval!
Many agents do it all the time and don't know that it is happening. Do Not Mail, FedEx, or Hand Deliver your Short Sale Package! I do not care how pretty it is or how much stuff you have in … (2 comments)
short sale: Short Sale Suicide...and How To Prevent It! (Part Two) - 12/27/07 12:11 AM
Short Sale Suicide...and How To Prevent It! Also How To Determine If A Listing Agent Is Committing Short Sale Suicide... A Two Part Series Presented by Sherman Smith Part Two The Buyers Agent and Short Sales Now I have told you what to do if you are the listing agent, but what do you do if … (9 comments)
short sale: Short Sale Suicide...and How To Prevent It! (part One) - 12/26/07 11:59 PM
Short Sale Suicide...and How To Prevent It! Also How To Determine If A Listing Agent Is Committing Short Sale Suicide... A Two Part Series Presented by Sherman Smith Part One I am about to upset some of my fellow agents but they need to hear this. However before I do, I want to give … (14 comments)
short sale: The IRS Forgives You! - 12/21/07 02:00 PM
President Bush signed into law today a new measure giving tax breaks to homeowners who have mortgage debt forgiven through a short sale or foreclosure. The current law states that the debt forgiven by a lender, such as for short sales and foreclosure, were generally taxable to the borrower as debt … (1 comments)
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Did Your Lender Get Your Package? 
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