Tag Archives | short sale negotiator

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Washington State Foreclosure Process

Facing the prospect of foreclosure is a confusing, time-consuming and emotionally-charged time for a homeowner. The good news is the Washington State Foreclosure Process has very specific milestones in place to help consumers avoid foreclosure, by negotiating a loan modification or doing a short sale. What are the foreclosure milestones in Washington State? After missing […]

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What Is The Short Sale Process?

A short sale is the sale of a property for less than what the owner still owes on the mortgage. A short sale is an alternative to foreclosure when a homeowner needs to sell and can no longer afford to make their mortgage payments. Here is an outline of how the short sale process works […]

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FHA Short Sale Guidelines Can Vex Home Buyers

Get a no-cost, confidential short sale consultation today. Q:  I am interested in buying an FHA short sale. I’ve heard they can be tough. Do you have any advice?  Travis in Renton, WA A: My advice can be summed up in two words: Buyer beware.  In a non-FHA short sale, the  lender’s approval process can […]

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3 Reasons Why Banks Reject Short Sales

Every lender has different criteria for evaluating a short sale offer.  There are, however, common reasons why banks will reject an offer.  You can increase the chances of your short sale offer being accepted if you avoid these deal breakers. Short Sale Deal Breaker #1: The short sale package is incomplete. Get a no-cost, confidential short […]

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