The average homeowner doesn’t expect to face foreclosure. When foreclosure is imminent, understanding short sales is crucial in deciding what to do.
Tag Archives | Negotiation
3-Hour Short Sale!
Short sales CAN be frustrating. But many times, if the package is submitted properly, with all of the necessary documents that the negotiator requires, and the offer is one the lender can work with, your chances of a quick approval grow exponentially. Here’s an example of an FHA short sale we submitted, and in only [...]
Is a Short Sale Possible With An FHA Loan?
The Short Sale Monkey’s Most Commonly Asked Questions – Video Series Question #6 – Is a Short Sale Possible With An FHA Loan? Quite often, our clients will assume that because they have a “government loan”, or FHA loan, and they’re behind on payments, that a short sale is not possible. In fact, we have [...]
Wells Fargo, The Way It Should Be!
First, just a quick reminder that…… CELL NUMBERS GO PUBLIC NEXT MONTH. All cell phone numbers are being released to telemarketing companies and you will start to receive sales calls……You will be charged for these calls. To prevent this, call the following number from YOURcell phone: 1/888/382-1222. This only takes a couple of minutes to do and it blocks your number [...]
Bank of America Creates It’s Own Short Sale Backlog
Short Sales are all I do. In the current pipeline of property files that we are negotiating, about 10 or so are Bank of America, formerly Countrywide loans. It used to be that when you faxed in the complete short sale package, it would take 3-5 business days for the imaging department to upload the [...]
Loss Mitigation Office – Negotiating Short Sales in Georgetown, TX
For the past 2 years, Superior Loss Mitigation, my company, has been negotating short sales for homeowners, realtors, and investors primarily from my personal residence. I can’t deny the HUGE time benefits, convenience, and overall comfort of being able to do this and I consider myself extremely lucky to have the opportunity! However, working from [...]
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