Tag Archives | short sale process

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Questions to Ask When Choosing a Short Sale Agent

Short sales are very different from traditional real estate transactions. The process, the paperwork, the deadlines – almost everything is different. And your short sale realtor is not only negotiating with the buyer, they’re also negotiating with your lender. Needless to say, you want someone with a lot of experience in short sales working on […]

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Flood of Service Releases Delaying Short Sales

A recent surge in service releases by lenders has significantly impacted the short sale market, resulting at best in lengthy delays for approvals, or at worst with the deal falling through completely.  Short sales were always more time-consuming and complex than a traditional real estate transaction. Now there are even more hurdles. Why the surge […]

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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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What is a Short Sale?

In a short sale, your lender agrees to let you sell your property for less than the balance you owe on your mortgage. The answer to the question “What is a short sale?” depends upon who you are: homeowner, lender or realtor. A Short Sale is a Positive Alternative to Foreclosure Get a no-cost, confidential […]

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5 Steps to Take If You’re Behind on Your Mortgage

If you are behind on your mortgage, you’re not alone. Thousands of homeowners have missed mortgage payments and are struggling with financial challenges. The good news is that federal and local agencies, even banks, are working to help those who are behind on their mortgages from going into foreclosure. If you are behind on your mortgage, […]

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Learn the 5 Things Not To Say in a Hardship Letter

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