loan modification: Closing the short sale
- 10/01/15 01:15 AM
We took the listing on April 9. We closed it on September 25. My partner, Bill Taylor, brought this one in. The owner had it briefly listed with another agent but that other agent did not give her copies of the paper work and lowered the price of the home without asking the owner. Our client lived in the home 9 years. She was a divorced lady becoming an empty nester. She was a very competent office manager earning in the mid 40's. In November the owner sold the business and 2 weeks later she was out of a job. My partner's wife … (0 comments)
In October of 2011 I showed a house for a buyer. The owner was home. She is a lovely lady who developed breast cancer. She was paying her mortgage until she couldn’t work because of the cancer. Aisha is a single mother who now has a reasonable job. She tried to get a loan modification but her bank wouldn’t talk to her. They tried to tack on all sorts of fees and call it a loan modification. Aisha has two mortgages.
When her home either short sales or is foreclosed on … (6 comments)
loan modification: Sometimes the ex needs to come to the plate and help with the sale.....
- 11/26/11 12:39 PM
We just had to reject a counteroffer.... The house is a bit overpriced and my buyer needs closing costs.... I will tell a tale about two ex'es who could have made a difference.......First we will talk about today's offer.... We offered a little low...A fair price but not a great price....The agent informed me that at the price and conditions of the offer the seller would have to come to closing with $8000. She wouldn't be willing to do that... I don't mind for my buyer but the house is at least $5000 to high for the market. I worry … (3 comments)
This is a blog about all things real estate (and a few extras). I blog about my buyers, sellers, listings, short sales, the real estate market. I am internet savvy and am trying to learn more skills. I like blogging because I get to share information with other real estate professionals and my clients. I can find you a great home in the Treasure Valley. I was the Democratic Nominee for CD2, Idaho for the US Congress. I have two website: http://www.debbieholmes.net.
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