Do 2nd liens make it more difficult to complete a short sale in Los Angeles, California?
The simple answer is YES….but not always. If your short sale does not fall under the guidelines for HAFA, the Home Affordable Foreclosure Alternative program, part of the government HAMP program, then 2nd liens are pretty much a second layer of negotiation in order to complete a successful short sale negotiation...continue reading … (0 comments)
Hello, I’m Dana Ehrlich, Los Angeles real estate agent and short sale specialist. Here’s my story. I’ve been a professional real estate agent since 2003. I found my true calling in real estate and I’ve been unstoppable in my mission to help as many homeowners as possible. I was named Rookie of the Year in 2004 and I’ve been in the top 10% of agents throughout the entire westside of Los Angeles...continue reading … (2 comments)
Hello, I’m Dana Ehrlich, a Los Angeles real estate agent and short sale specialist. Should you stay in your property, or sell it? I think you’ll agree that the short sale decision calculator does a great job of helping you see the financial side of your mortgage situation. If the numbers are daunting, it’s probably time to take action...continue reading … (3 comments)
One of the first things you’ll want to do when we go to work on your short sale is to prepare a hardship letter. The hardship letter has significant weight in the approval process and it can absolutely make or break a successful short sale. Keep it brief, less than one page. Be direct and specific. Highlight your issues in bullet-points...continue reading … (0 comments)
Hello, I’m Dana Ehrlich, Los Angeles real estate agent and short sale specialist. If you are ready to begin the short sale process, there’s some paperwork you’ll need to complete and gather together. This is called a hardship package. Every lender has different requirements for your hardship package to process your short sale. Depending on who your lender is, this list may not be all inclusive; once we have your short sale underway, I may need to provide you with the bank specific documents....continue reading … (0 comments)
Hello, I’m Dana Ehrlich, Los Angeles real estate agent and short sale specialist. You qualify for a short sale if you owe more against your home than it is currently worth and want or need to sell it but can’t or won’t bring cash to closing to make up the difference between what you owe and what your home is worth. If this is you, then you are a prime candidate for a short sale...continue reading … (3 comments)
I’m Dana Ehrlich, real estate agent and short sale specialist based in Los Angeles, Californa Are you struggling to decide whether to short sale your home or stay in it? Over the past 3 years, I have maintained a 95% success rate all while providing exceptional service, great communication, and helping my clients every step of the way through a short sale. I am absolutely confident that I can help you avoid foreclosure and successfully get your short sale done...continue reading … (1 comments)
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