Tag Archives | short sale landmines

3 Landmines That Can Destroy a Short Sale

Landmine #1: Assuming lender approval of an offer will automatically postpone foreclosure proceedings. In Washington State, lender approval of a short sale does not automatically halt a foreclosure sale. Once foreclosure proceedings are initiated, there are three parties involved in your transaction: the lender’s loss mitigation contact, the lender’s foreclosure contact (who is in a […]

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Learn the 5 Things Not To Say in a Hardship Letter

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