Sentences with phrase «in a short sale»

I also specialize in Short Sales while representing distressed Sellers.
Second, there is possibly a misconception that selling a home in a short sale saves one's credit score.
Reward not available to sellers in a short sale transaction.
Dual agency also applies to a single agent who represents both the buyer and the seller in a short sale transaction.
We are a team of highly motivated professionals experienced in the short sale process.
Homeowners are also required to actively participate in the short sale process, including returning documents within the required time frames and maintaining contact with the mortgage servicer.
I pulled equity from the house, which we later sold in a short sale.
Can a seller / realtor not disclose that they are in a short sale situation?
The things that I see some Realtors doing in short sale is just plain absurd.
The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments.
If you're willing to invest in a short sale, it may actually be a tremendous bargain.
I purchased a mixed - use property in a short sale.
I sold my house in a short sale because I could no longer afford it.
I am a first time buyer and happen to be interest in a short sale with 3rd party approval.
Nonetheless, these are typically easier to deal with in a short sale transaction than a bank owned transaction.
There should be language in the short sale approval letter that states whether the lender has retained the right to collect what you owe in the future.
There are many agents in short sales that don't have a clue with what they are doing.
As someone who exclusively deals in short sales, I share your frustration.
Interview a few practitioners and ask them how many buyers they've represented in a short sale and, of those, how many have successfully closed.
Folks these are the kind of things that go on every day in short sales because seller's do not do their home work in picking a short sale Realtor to work with.
Anyone who regularly participates in short sales knows that almost every single transaction is different.
Lenders in short sales always want you to close as soon as possible!
Well, because this end - of - the - year legislation extends prior legal protection from income taxation of any forgiveness of mortgage debt in a short sale.
Unfortunately, most homeowners pursuing short sales can't afford to waste that much time for assessing an agent's expertise in short sales.
Agents must become experts in the short sale market, because regardless of the name, short sales are not short, and they create anxiety for all parties involved.
A 16 - year veteran of the business, he got his start in short sales three years ago when he needed to sell his own home at a loss.
Due to the seller's financial hardship, most or all of the closing costs in a short sale will need to be paid by the buyer.
I agree that we need as much education in short sales as possible to best represent our clients.
With the rise in short sales happening all around the country it is important to know what your responsibilities are as an agent representing a seller in this situation.
Anyone who regularly participates in short sales knows that almost every single transaction is different.
Q: I am confused as to what defines the deficiency amount in a short sale.
I consider myself a pioneer in the short sale arena, completing my first in 2003 when practically no one had heard of a short sale.
A shorter timeline is everyone's goal in a short sale — and here are some ways to help you actually achieve it.
A credit score in a short sale or a foreclosure have the potential to be about the same.
The average scoring drop in a short sale, foreclosure or deed in lieu is 85 to 160 points.
I'm not about to lose sleep over a bank losing a fraction of the money a family is losing in a short sale or deed in lieu.
This is not how it works in any short sale where I will be representing the seller!
Success in short sales requires «a good system and great attention to detail,» she says.
Besides, bank tend to reduce the commission to listing agents who practice dual agency in a short sale.
Often times in a short sale an owner has absolutely no cash and it would be impossible for them to contribute anything at closing.
I've seen a pretty dramatic uptick in short sale interest in the past few months.
I know you well enough that I can say I know you follow correct procedures in a short sale.
The folks in the short sale division don't write loans and don't speak the same language.
My job in a short sale is the same as with any home I am marketing....
Let's go through the different steps in a short sale so you know exactly what you are getting yourself into.
Having poor seller representation in a short sale is far worse than a traditional sale because the home owner is relying on this person to help them navigate out of a financially difficult time.
The biggest advantage in a short sale is the shortened time frame in which you will be able to purchase a home in the future.
Finding the appropriate buyer in a short sale is a lot different than a standard real estate sale.
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