bellevue wa: Bellevue Short Sales: Don't Risk Having Your Short Sale Rejected Because Of Bureaucracy - 09/21/12 05:34 AM
Bellevue WA – “I can’t process this short sale without the TPS form filled out with the seller’s full name”, the short sale negotiator told him.
“But, based on my calculations, this short sale will help your company avoid a $17,000 loss”, the agent replied.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
The agent continued, “So, you’re telling me that unless I can get you the See Entire Post
(0 comments)

bellevue wa: A Common Bellevue Short Sale Myth: Banks Don't Approve Short Sales Because They Don't Want To Admit Their Losses - 09/20/12 04:41 AM
Bellevue WA – I’ve heard the following myth from a lot of people. I’ve even seen this myth publicized in newspaper articles and quoted by so called financial experts.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Here is what people tell me.
“The banks can’t afford to approve loan modifications because they don’t want to take the losses on their books that fast.
Also, their investors may not approve the short sale, because See Entire Post
(0 comments)

bellevue wa: How Do I Get Back On My Feet After A Bellevue Short Sale? - 09/20/12 04:36 AM
Bellevue WA – It is very stressful to be upside down and facing foreclosure. You are worrying about everything. You find yourself thinking, “When is the bank going to kick me out?
“How will I pay back that huge debt?” “When will I ever be able to stop worrying about money?”
“I remember when I did not worry about money. How did I do that?” See Entire Post
(0 comments)

bellevue wa: This Strategy Makes Bellevue Short Sales Easier - 09/20/12 04:27 AM
He told a story about negotiating a price on a product he was purchasing. The first person he talked to told him that he couldn’t buy something in bulk for a certain price.
Rather than argue with her, he instead hung up See Entire Post 
(0 comments)

bellevue wa: Why Do Some Bellevue Short Sales Succeed While Others Fail? - 09/20/12 04:19 AM
Bellevue WA – Short Sales can be frustrating. Ask anyone who has negotiated a short sale with a lender and they will tell you the process is tough. Here is a story that illustrates this point.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
You are negotiating a short sale with a lender. You call in and See Entire Post
(0 comments)

bellevue wa: How A Bellevue Short Sale Can Help Save The Bellevue Housing Market - 09/12/12 06:02 AM
Bellevue WA – Short Sales and foreclosures have a big impact on home values. But, how they affect them varies dramatically. Every short sale helps stabilize the housing market.
The reason is because short sales sell for much more than a foreclosed property does. Most short sales have a homeowner who still lives there. The homeowner has kept the home in good shape.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
They See Entire Post
(0 comments)

bellevue wa: Bellevue Short Sales: How Banks Were Able To Make Risky Loans With Little To No Risk - 09/10/12 03:39 AM
Bellevue WA – Bear Stearns was a survivor. It survived the Great Depression without laying off any employees. It survived World War II, and 9/11. What killed it off during a time of peace and relative stability?
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
The problem was that it had See Entire Post
(0 comments)

bellevue wa: How Do I Get Back On My Feet After A Bellevue Short Sale? - 09/07/12 03:33 AM
Bellevue WA – It is very stressful to be upside down and facing foreclosure. You are worrying about everything. You find yourself thinking, “When is the bank going to kick me out?
“How will I pay back that huge debt?” “When will I ever be able to stop worrying about money?”
“I remember when I did not worry about money. How did I do that?” All those thoughts and more run through your head.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
A short sale helps you stop worrying. Most people find a place … (0 comments)

bellevue wa: How To Write A Hardship Letter For A Bellevue Short Sale - 08/31/12 04:13 AM
Bellevue WA – A hardship letter is one of the most important items in a short sale. This is your opportunity to explain why your lender should approve your short sale and let you walk away from the debt.
In clear terms, you need to layout exactly why you can no longer afford to keep the property.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Under no circumstance should you say any of the following.
* “I don’t want   See Entire Post 
(0 comments)

bellevue wa: A List Of Everyone Who Benefits From A Bellevue Short Sale - 08/29/12 04:29 AM
Bellevue WA – First, it benefits the owner of the loan. The owner can be the bank or a third party such as Fannie Mae or Freddie Mac. They are Quasi-Governmental Entities.
The American Taxpayer has bailed them out to the tune of hundreds of millions of dollars and will continue to bail them out for any future losses.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
These two entities own about See Entire Post
(0 comments)

bellevue wa: Why A Bellevue Short Sale Is A Better Alternative Than A Deed-In-Lieu Of Foreclosure - 08/23/12 07:08 AM
Bellevue WA – If you are facing foreclosure, then I’m sure you’ve heard of a Deed In Lieu of foreclosure. Some people say it is a great way to avoid foreclosure.
Actually, all it does is accelerate the foreclosure process.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Here are the most common myths about a Deed In Lieu.
See Entire Post
(0 comments)

bellevue wa: Bellevue Short Sale Question: Should I Stop Paying My Mortgage During The Short Sale Process? - 08/22/12 06:25 AM
Bellevue WA – We are often asked by short sale sellers whether or not they should continue paying their mortgage payment while they attempt to short sell their home.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Here is the quick answer. Yes, if you care about your credit rating. No, if you don’t care about your credit.
However, See Entire Post
(0 comments)

bellevue wa: How A Bellevue Short Sale Can Stop Foreclosure - 08/21/12 07:27 AM
Bellevue WA – There are many reasons to use a short sale to stop foreclosure. If you want to keep your home, then you need to attempt a loan modification.
If you do not want to keep your home, then you need to consider your options. There are 3 options if you do not want to keep your home.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Option #1: See Entire Post 
(0 comments)

bellevue wa: How A Bellevue Short Sale Works If You Have An FHA Loan - 08/21/12 04:28 AM
Bellevue WA – You can short sale your house if you have an FHA loan. FHA will forgive you of all the debt and does not ask for a promissory note.
That is the case if you are short selling because of a legitimate hardship. Here is how the process works on an FHA short sale.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
You send all of the standard See Entire Post
(0 comments)

bellevue wa: Thinking About A Bellevue Short Sale? Don't Let Your Lender Levy Your Bank Account - 08/21/12 04:24 AM
Bellevue WA – I have feared this for a long time. But today I found out that it is actually happening. Here’s the story.
Someone is short selling their home. The mortgage is with ABC Bank. They happen to have their checking or savings account at ABC Bank.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
They stop paying on their See Entire Post 
(0 comments)

bellevue wa: How a Bellevue Short Sale works on a loan owned by Fannie Mae - 08/16/12 06:31 AM
Bellevue WA – Fannie Mae stands for Federal National Mortgage Association. Fannie Mae is a quasi-government enterprise that was created to buy mortgages from banks, thereby allowing them to make more loans.
Short Sales on a Fannie Mae owned loan are much simpler than other short sales.Around half of all US mortgages are owned by Fannie Mae or Freddie Mac.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
That means See Entire Post 
(1 comments)

bellevue wa: How A Bellevue Short Sale Works If You Have An FHA Loan - 08/16/12 05:43 AM
Bellevue WA – You can short sale your house if you have an FHA loan. FHA will forgive you of all the debt and does not ask for a promissory note.
That is the case if you are short selling because of a legitimate hardship. Here is how the process works on an FHA short sale.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
You send all of the standard paperwork to initiate a short sale. You will need to include See Entire Story
(0 comments)

bellevue wa: Warning: Bankruptcy Will Not Get Your Finances Back On Track After A Bellevue Short Sale - 08/14/12 05:37 AM
Bellevue WA – We got an e-mail today with the subject line of “Bankruptcy will get your finances back on track.” People think that a bankruptcy will cleanse them of their debts. That is a myth. Let me explain why.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
Yes, it’s true, that a Chapter 7 Bankruptcy will release a debtor of all debts. The problem is that the bankruptcy laws were changed in 2005.
This law makes it much harder to file a Chapter 7 bankruptcy. Now the judges have to steer debtors towards a … (0 comments)

bellevue wa: Fixing Credit After A Bellevue Short Sale: How to Dispute a Negative Item - 08/13/12 05:27 AM
Bellevue WA – You can dispute negative items on your credit. In some cases, the negative item can go away in 30-60 days. This doesn’t always happen, but it is nice when it does.
Fixing you credit will seem overwhelming at first. But if you stick with it, then you will see that it does work. With a little persistence, most items can be removed permanently.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
The biggest reason that credit repair works is because, See Entire Story 
(0 comments)

bellevue wa: Is There Any Hope For Your Credit After You Short Sell Your Bellevue Home? - 08/13/12 04:36 AM
Bellevue WA – Most people think that a short sale will be the kiss of death to their credit. That is the one big advantage of a short sale over a foreclosure.
Anything and everything bad on your credit can be fixed. It’s called the dispute process. In my opinion, many lenders incorrectly report credit on consumers all the time.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure.
What if the consumer doesn’t understand how the process works? The consumers suffers unjustly! Just like the banks can work the system for their benefit, you … (1 comments)

 
Paul Nelson, Paul Nelson (Homes Northwest)

Paul Nelson

Paul Nelson

Bellevue, WA

More about me…

Homes Northwest

Address: 800 Bellevue Way NE, Suite 400, Bellevue, Washington, 98004

Office: (206) 261-7355

Mobile: (206) 261-7355

Email Me



Links

Archives

RSS 2.0 Feed for this blog