cdpe: Do I qualify for a short sale?
- 05/20/10 07:18 PM
Many homeowners are not sure what the qualifications are for a short sale. Here it is in just a few words! The qualifications for a short sale include any or all of the following: Financial Hardship - There is a situation causing you to have trouble affording your mortgage. (loss of a spouse through divorce or death resulting in loss of income, loss of job, medical bills... ) Monthly Income Shortfall - In other words: "You have more month than money." A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage. … (0 comments)
cdpe: Become a CDPE
- 04/10/10 05:02 PM
I hadf done a few short sales here and there in the past few years and after dealing with several that had second and sometimes third loans, I thought I had become pretty good at it... Until I took the CDPE certification class. The class was two days long and not cheap, but after only a few hours in the class, I was hooked. The training was awesome and I learned a lot. The first thing I figured out was how little I knew until then about short sales and the foreclosre process. I found out the language of lenders in … (2 comments)
Many homeowners are not sure what the qualifications are for a short sale. Here it is in just a few words!
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