avoid foreclosure: Bellevue Short Sale Question: Does It Make Sense To Pay My Credit Cards If A Short Sale Will Harm My Credit Anyway?
- 03/05/13 06:02 AM
Bellevue WA – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question. “I am selling my house as a short sale. I am behind on the mortgage payments. Do you think I should still pay my credit cards?” Paul. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is our answer. It all depends on what is important to you. Can you afford your mortgage payment if you stopped paying the credit cards? If the answer is yes and you don’t want to move, then I would recommend that you … (0 comments)
avoid foreclosure: Bellevue Short Sale Question: The File Is Going To The Investor?
- 03/05/13 03:35 AM
Bellevue WA – The Stop Foreclosure recently received a question from Georgia. Here was her question. ” When the bank says the file should be going to an investor soon what does that mean? Georgia.” Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is the answer. It means that whoever ultimately owns the loan will make the decision. For example, you might be negotiating the short sale with Wells Fargo. However Wells Fargo may not own the loan. (Around 80% of all the loans they service are owned by someone else.) Wells Fargo will … (1 comments)
avoid foreclosure: Can Banks Get In Trouble For Taking Too Long To Process A Bellevue Short Sale File?
- 03/05/13 02:32 AM
Bellevue WA – We received a lot of feedback from yesterday’s post. One agent said, “You obviously don’t know what you are talking about. Bank X won’t give us a response on the file and we have been waiting 5 months for an answer. How dare you suggest that I am incompetent because they haven’t replied?” (The bank was a large national bank whose name I changed for this post.) Click here to discover how other sellers successfully did a short sale and avoided foreclosure. First off, we are not saying that all agents are incompetent. However, we do see some … (1 comments)
Bellevue WA – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question.
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