Jenny as you have unfortunately found out there are a lot of real estate agents who are not educated enough to be
doing short sales.
We have been
doing short sales since 1995 - way before it was popular to do so.
I helped an investor who was
doing short sales a few years ago.
If you are thinking about investing in short sales, are currently investing in short sales, or perhaps quit
doing short sales in the past due to the negotiating hassles, this is a webcast you don't want to miss.
We primarily service homeowners
doing short sales in Massachusetts, New Hampshire and are currently entering the Maine market, however can negotiate anywhere in the United States as long as we comply with local laws.
I've been
doing short sales since 2007 and have been fair to all agents who submitted offers to my listings because I know I'd get paid.
You can call a Murrieta short sale expert and ask about how to go about the short sale process so you can save yourself from the hassle of a foreclosure or visit https://www.temecula-shortsaleagents.com for more information about
doing short sales.
Incentives and Relocation funds for sellers
doing a short sales in 2015 have increased!
They have years of experience buying and selling real estate and both specialize buying and the courthouse steps and
doing short sales.
The problem is that I have no experience with
doing short sales (the instructors from the course I took was supposed to take care of that) but I really want to help this woman get out of her situation.
Mainly we have been
doing short sales, and finding deals through the MLS and other business connections.
The bad news, I fear that the seller's agent is all the things you describe about not being well - versed in
doing short sales.
I am successfully
doing short sales working with a local Real Estate attorney.
Find a good agent that has experience in
doing short sales, they are extremely hard and take alot of time and dedication.
However, there is almost 3 times the opportunity for real estate investors and a good time to start
doing short sales.
Jenny as you have unfortunately found out there are a lot of real estate agents who are not educated enough to be
doing short sales.
Keep in mind this type of funding is usually needed when
doing Short Sales or purchasing REO properties from the bank because your not allowed to assign contracts when dealing with banks.
We've been
doing short sales in Orlando since 2004 and we have an unheard of closing rate of 98 %.
Most Realtors
doing short sales know how to cover the bases for their client to make sure they're in a good position to buy a home down the road.
Lining up a buyer willing to
do a short sale could convince your lenders to sign off on a deal.
So, it really creates a mountain that if people need to sell for some reason, many times they would have to be forced to
do a short sale,» Gendelman said.
The advantage to
doing a short sale is that the lender can recover some of what's owed.
It is best to
do a short sale when the property is in the pre-foreclosure state.
We did a short sale on our house we closed on it dec. 2016.
However, if
you do a short sale, the mortgage company can essentially contract around this «non-recourse» provision and make you liable for the money they didn't recover from the sale.
· Getting people who have
done short sales back into homeownership will be key to a healthy housing sector (whether they wait 3 years or don't wait at all)
· Most sellers in a short sale have very good personal narratives / reasons for having to
do a short sale
How
Do Short Sales and Foreclosure Differ?
The vast majority of persons
doing a short sale are also buyers.
In most cases in CA, I've been able to do this for buyers who
did a short sale paying off purchase money mortgages citing California Code of Civil Procedure 580b.
For some time now, CA has not allowed deficiency judgments in the case where a person
doing a short sale was paying off a mortgage that they used to buy the home with.
When
doing a short sale, your credit will be affected for a few years, you'll get a 1099 for the difference that was discounted and most likely you'll have to move, but it's way better than a foreclosure where you could get stuck with a deficiency judgment.
You can try to
do a short sale.
Especially those who are at least one month behind on a mortgage payment, those with negative amortizing loans, those with loans that are about to adjust, those who are upside down on their loan and those who would rather keep their home than
do a short sale.
As a Massachusetts Realtor that has been doing quite a few successful short sales, one of the things I like to make sure of when I meet a potential client that is looking to
do a short sale is to give them a complete understanding of how they work.
If
you do short sales then you know it can not be about the money... I am spending ours helping people avoid foreclosure on their home and in many cases eleminating any future liabilty.
This act was put in place for the specific purpose of helping home owners avoid the financial hardship caused by
doing a short sale.
If you are outside of the Metrowest Massachusetts area or even in another state and need to
do a short sale please feel free to contact me and I would be happy to refer you to a Realtor in your location that handles short sales and has an understanding of the short sale process!
Yes, the seller wants to
do a short sale.
Bill great article on understanding the tax ramifications with
doing a short sale.
The liability was the main reason I haven't, and won't
do short sales.
If you are not in the Metrowest Massachusetts area and need to
do a short sale please feel free to contact me and I would be happy to refer you to a Realtor in your location that handles short sales and knows what they are doing!
I made up my mind when the market crashed NOT to
do short sales.
People need to understand everything about
doing a short sale.
If you are outside of the Metrowest Massachusetts area and need to
do a short sale please feel free to contact me and I would be happy to refer you to a Realtor in your location that handles short sales and knows what they are doing!
The family is in default on their mortgage and we want to
do a short sale to obtain their property.
If you are outside of the Metrowest Massachusetts area or even in another state and need to
do a short sale please feel free to contact me and I will be happy to refer you to a Realtor in your location that handles short sales and knows what they are doing!
Dee a seller
does a short sale not a buyer.
I did a short sale on the house, settled on 6 of the 5 of the cc's and 1 loan.
You need your lender's approval to
do a short sale because they'll be accepting less than they're owed at closing.