Posts Tagged ‘short sale’
Information For Agents And Potential Customers – 1099 Tax Forms
Short Sale Power HourWe wanted to cover a topic now that is severely misunderstood in the real estate trade. It has to do with information that agents ought to be providing to potential short sale clients. Let us initially say that we are not tax experts, accountants, or CPA's. Nevertheless, we are tired of realtors and the media providing bad [...]
Short Sale Documentation, What Is Needed?
Short Sale ShiftWe are the Josh Pomerleau Group, Minneapolis/St. Paul's premier short sale team. We close lots of short sales and present this blog to prospective Minneapolis/St. Paul short sale customers. Our goal is to keep you knowledgeable regarding the short sale process in the Minneapolis/St. Paul vicinity. We are going to assist tons of [...]
Green Tree Second Mortgage Requires Lots Of Cash
Short Sale Power HourI guess we will talk regarding one of the more exciting short sale packages that we have dealt on lately. It didn't take very long and it was not very difficult, but it was thrilling how we went about completing the deal. Here are the particulars. First mortgage servicer, B of a. Backer, Bofa. Second lender, GreenTree, [...]
What Is A Short Sale And How Do I Qualify?
Orlando Short Sale ExpertHello, I'm Mark Alan Adams. I am the owner and founder of the Mark Alan Adams team. We are the leading Orlando short sale group. On today's installment, I wanted to give you the definition of a short sale. I still receive a lot of questions concerning what a short sale is. Lots of people are familiar with the term given [...]
7 Facts On Short Sales And Credit Scores
A short sale happens when Baltimore MD Condos, for instance, are sold for less that what the home owner actually owes on his mortgage. It is a transaction in which the seller at the contemplated price will not have sufficient proceeds to pay off their mortgage. Homeowners chose short sale over foreclosure thinking it won't hurt their credit [...]
How Long Does It Take To Foreclose On My House?
Orlando Short Sale ExpertHello, I'm Mark Alan Adams, Orlando Short Sale realtor. My team is Orlando's leading short sale team. Today I want to talk about timelines, more particularly, how long does a bank take to foreclose on you Orlando home. Legally, the bank can foreclose on your home if you ignore one single payment. Nonetheless, what we are [...]
Options To Steer Clear Of Foreclosure
Sold By Short SaleToday, I would like to discuss a frequently asked question. There have been numerous Phliadelphia/Wilmington, DE potential customers who have asked me, "What do I do once I cannot afford to pay my mortgage any longer?" Usually when people ask that question they are uncomfortable, saddened or disheartened. They have come to a [...]
Short Sale Or Foreclosure, Time Is Not On Your Side
Sold By Short SaleThanks for checking out our video blog again today. I am Matt Fetick, Philadelphia short sale agent. One of the questions that we get frequently is "How soon must you start a short sale?" Let me tell you this. Time is not on your side. The quicker you get involved with a Philadelphia short sale, the better probability you have of [...]
Does Bankruptcy Stop Foreclosure
Short Sale Questions & Answers: Can I make any money on the sale of my property? A homeowner cannot accept money from the sale of their home if a Lender accepts a short payoff or a short sale. However, there are exceptions to this statement; for example an FHA (Federal Housing Authority) insured loan will allow a homeowner to receive $1000.00 [...]
Stop Calls From Your Bank
Sold By Short SaleOne of the things that our Wilmington, DE/Philadelphia customers tell us is that they are annoyed by all of the calls they receive from their lender when they fall behind schedule on their mortgage. One of the things that we execute when we take your listing in a Wilmington, DE/Philadelphia short sale situation is take over all [...]