sell your home fast: Bellevue Short Sale Question: Why Do I Have To Short Sale If I’m Willing To Repay The Debt?
- 05/08/13 02:37 AM
Bellevue WA – The Stop Foreclosure Institute recently received a question from another agent. Their seller had a misconception about what to do when selling an upside down home. Here is the question we received: “Do you have a number to contact Fannie Mae? The bank will not allow the seller to not do a short sale and agree to repay the loss on a promissory note. The seller wants to talk to the owner of the loan, which is Fannie Mae. My seller just wants to sell and move on with her life. Janet.” Click here to discover how other sellers … (0 comments)
sell your home fast: How Do You Handle Multiple Offers On A Bellevue Short Sale?
- 05/08/13 02:32 AM
Bellevue WA – The Stop Foreclosure Institute recently received a question from another agent. Here was her question. “I have a short sale listed. At what time in the short sale process do you stop accepting additional offers for submittal to the lender? If you accept another offer after you’ve already submitted one to the lender, does it reset your timeline to the beginning? Do you just put them in backup position? What about the poor buyer whose offer was submitted and has already been waiting for weeks for lender approval? Do you allow them to match the higher offer? You guys have … (0 comments)
sell your home fast: Thinking About Short Selling Your Upside Down Bellevue Home? Here Is Why A Short Sale Causes Your Home To Sell For More
- 03/06/13 04:34 AM
Bellevue WA – People often wonder why their lender will release their debt in a short sale. Most lenders don’t like to release the debt. But, they agree to do it because they know that policy nets them more money. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. They net more because a home usually sells for more money as a short sale versus after it has been foreclosed upon. Let’s go thru a few examples.
See the home in the picture above? You can see that it is good shape. Most short sales … (0 comments)
sell your home fast: Bellevue Short Sales: A Little Know Fact The Big Banks Won’t Tell You
- 03/06/13 04:12 AM
Bellevue WA – Here is a shocking fact that most of the American Public doesn’t know. Most mortgages are not owned by banks. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. In addition, most of the huge losses on bad mortgages was not lost by the banks themselves. Instead, the biggest loser was Uncle Sam, thru the takeover of Fannie Mae and Freddie Mac. Most mortgages are sold after they are made. We estimate that around 75-80% of all mortgages were sold before the housing crisis. This means that the large lenders didn’t take … (0 comments)
sell your home fast: 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)
sell your home fast: 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 – The Stop Foreclosure Institute recently received a question from another agent. Their seller had a misconception about what to do when selling an upside down home.
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