Why Banks do Short Sales.
Below is a video on why I believe banks allow you to sell your home for less than you owe them.
This process is called a short Sale. If you can't kept your house payment current do to a hardship you should
try a loan mod first. Do nothing and you home will go into foreclosure. If you have tried a loan mod and it's failing
a Short Sale should be your next step. Enjoy the video......
not bad...you missed a few points....contact me if you want ot talk...I have been negotiating short sales for the past 5 years...LOTS of good stuff to share with you.
You are SPOT on with banks not caring about the homeowners, it is all about the cashola!!!!
Also, know the difference between the "Servicer" and the "Investor", the Servicers actually make MORE money when payments are late!!!
Ben,
Thanks for the comment.
I have just started to add video to my blog and I am trying to keep them under 1 minute.
Just hitting the high points.
Thanks for your offer to share info,I will contact you.
Sidney Kutchuk
www.aShortSale.com
Comments(4)