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Short Sales and Active Rain - Another Active Rain SUCCESS STORY!

By
Mortgage and Lending with Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 NMLS ID# 158606

Last November I wrote a post entitled Buying 3 Months After You Sell Your Home in a Short Sale. It was a real winner, at least in my eyes, but it also made it's way to the top of my blog scroll with the gold star. The cliff note version of the post was that you can buy after a short sale. However, there are......

TWO CRITICAL CAVEATS!!!!!

  1. The bank can't be reporting a deficiency and;

  2. The borrower can't have any 30 day lates reporting either.

Well since then, this post has been seen umpteen bazillion times it seems. I was just contacted by aYou Can Buy Right After a Short Sale IF.... superstar realtor who referred me another client who had the same issue. Short sale, but a new purchase. Why? Husband dies and a lot of income is out the window. Widow hasn't missed a payment, but will sell the house short and buy a new, smaller home, that she can afford.

SINCE THEN I HAVE RECEIVED MY 4TH REFERRAL FROM ACTIVE RAIN JUST FROM THIS POST!

AND I'M MEETING NEW CLIENTS TODAY FROM MY ACTIVE RAIN POST!

THANK YOU ACTIVE RAIN!

I've been contacted a number of other times by consumers who want the same result. I'll say that I've only been able to help one. Most don't meet the criteria that I've listed. So what? I've got the goods, Active Rain has been complicit with me disseminating knowledge and power out to Joe Q. Homebuyer. Can I use a phrase by Tim McGraw? Photo provided by http://www.dreamstime.com/free-stock-photo-house-on-the-hill-rimagefree1284525-resi2857788

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Comments(10)

Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Not bad Larry.  ALl those referrals from just one quality post!  Hope you get them to a successful close.

Jun 30, 2011 04:09 AM
Stephen Proski
Real Estate Kailua Kona, Hawaii - Kailua-Kona, HI
Real Estate Kailua Kona Hawaii

Reading your post, may have convinced me to sign up for a Rainmaker account.  Thanks for sharing!

Jun 30, 2011 04:13 AM
Stefan West
West Realty - Murrieta, CA
Temecula-Murrieta-Menifee CA Real Estate

Good job and thanks for the info.  I hadn't seen your post before but will check it out now.

Jun 30, 2011 04:28 AM
Christine Farkas
Keller Williams Western Realty - Bellingham, WA
Awesome Customer Service Experience

Happy for your success Larry! Thank you for sharing! Best of luck on your listings!

Jun 30, 2011 05:41 AM
Barb Van Stensel
Chicago, IL

And this is what it is all about:  KNOWLEDGE!  I was just telling someone about your post and here it is today.  I'm going to repost your original post so that people understand. 

Jun 30, 2011 05:42 AM
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production

Lora...time will tell...thanks.

Stephen...get public!

Stefan...you da man.

Chris....thanks.

BVS.....thanks for the re-post Barb...appreciate it!

 

Jun 30, 2011 05:50 AM
Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

You are just singing in the Rain and that is great news.  By the way, I am here in Chicago and am loving it. 

Jun 30, 2011 08:53 AM
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents

Larry - What a winner!!! There's no doubt that it works. The best part is that I truly enjoy the way you have a collection of posts that describe you.

Jun 30, 2011 09:17 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Larry

Thanks for sharing an Active Rain success story.

Good luck and success.

Lou Ludwig

Jun 30, 2011 12:26 PM
Lanre-"THE REAL ESTATE FARMER" Folayan
Samson Properties - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Larry you sure you don't want to come and set up shop in Washington DC?:-). WOW! This is great. Congratulations to you Larry. Great post.

Jun 30, 2011 05:40 PM