Homes For Sale in Maryland
Real Estate in MD, DC, and VA
Thank you for taking the time to visit our blog. We specialize in assisting buyers and sellers all over the state of Maryland, DC and Northern Virginia
ARCHIVED BLOG POSTS
2010
Hardship Letter Example for a Short Sale Application "The hardship letter is like the cover page for a short sale package. .. .written incorrectly and your package never gets open ” The following is an example of a hardship letter correctly written by a homeowner in a hardship Even though you ...
02/23/2010
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An excellent article written by Melissa Zavala exploring the issues of "Highest vs Best" offers for a short sale. Banks depend on the Realtor getting the offer to advice their clients that someone's highest is not always the best offer . . . The quality of the offer should be paramount before ...
02/23/2010
Complete Short Sale's Guideline . . .considering a short sale? Fannie Mae provides us with guidelines about short sales in general. This is a must read for anyone contemplating a short sale.” If you are a Realtor, use it for your next client to provide them more information. . . If you are custo...
02/22/2010
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Homeq Servicing Complete Short Sale Package "Sometimes a short sale does not get approved because you do not have the right documentation. . this is what we use for Homeq Servicing Loans” If you are a Realtor, use it for your next client with a Homeq Loan If you are customer. . .call me I wil...
02/22/2010
Reasons why a Short Sale FAILS: The Bank SOLD your LOAN! "A Bank may start negotiations with your short sale without realizing that they are no longer owners of the loan ” How is that possible? Sometimes, the bank won't even realize that it no longer holds the mortgage on the property until mont...
02/21/2010
Reasons why a Short Sale May Get Denied: Seller Does Not Qualify "Just because your home's value dropped. .is not a good reason to short sale: YOU MUST HAVE A QUALIFIED HARDSHIP ! ” A Short Sale gets denied sometimes just because the seller does not qualify. I...
02/21/2010
Reasons why a Short Sale May Get Denied: Short Sale Package is Incomplete "A Realtor with good intentions is not good enough. . an incomplete package could get you foreclosed and years of financial hardship. . .all because your Realtor did not send a complete ...
02/21/2010
Reasons why a Short Sale May Get Denied: Short Sale Offer is Too Low "Do you really think that the bank wants to give your property away?” Short Sale offer price being too low is pretty good reason why a Short Sale is denied. Banks will request a BPO to begin ...
02/21/2010
An excellent article . . .the value of a good listing agent Why Do Real Estate Agents Make 6% When They Only Put Up A For Sale Sign? This last week I was again reminded of just how some people think. Someone wrote a letter to a relative of mine trying to persuade my relative to sell their h...
02/20/2010
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Fernando Herboso - Associate Broker MD, & VA
301-246-0001 Serving Maryland, DC and Northern VA
