There are many ways to lose your home but having the Sheriff show up at your door is the hardest. For owners who can’t afford to keep mortgage payments current any longer or are behind already on their mortgage, there are alternatives to bankruptcy or foreclosure. One of those options is called a "short sale." More than half of our listing inventory are Short Sales and Foreclosures. When lenders agree to do a short sale property on your home, it means the lender (2 comments)
Well, we survived another Short Sale battle. There wasn't a doubt in my mind that we wouldn't-the issue didn't make any sense. At the last minute-I.E., day before closing, the negotiator with Chase bank, who mind you, had been on top of communication until this point, received the final settlement statement for closing. She said that investor would not allow prepaids for the buyer to be paid by the seller/bank on this file. Prepaids??? We have closed dozens and dozens of files where (9 comments)