Sentences with phrase «in a short sale situation»

Can a seller / realtor not disclose that they are in a short sale situation?

«Time is of the essence» is never more true than in a short sale situation.

So should I pay the extra money against the mortgage principal even though I might be in short sale situation and I would lose the extra principal I paid?

We were in a short sale situation.

Can a seller / realtor not disclose that they are in a short sale situation?

In a short sale situation, when you sell your home, your lender agrees to accept an amount less than the total due on the loan.

We have great attorneys that work with us, that we confer with, that our sellers can hire if they choose to and that we help in short sale situations.

Another disclosure problem reported is the failure of listing agents to report that the property is or will soon be in a short sale situation.

Not exact matches

A short sale can't work in every situation and the lender must be convinced the homeowner can not keep the mortgage any longer, it's a way for borrowers to get a fresh start without filing for bankruptcy or going through the foreclosure process completely.

The adviser uses the following principal strategies: investing primarily in common stocks, selected for their appreciation potential; investing in certain event driven situations; engaging, within prescribed limits, in short sales of equity securities; varying its common stock exposure by hedging, primarily with the purchase or short sale of Standard & Poor's 500 Index futures contracts; and investing all or any portion of its assets in U.S. Treasury securities.

Short Sale Situations: Sellers who find themselves in a short sale position often turn to Cameron Novak and his team of short sale Realtors who effectively negotiate with many lenders nationwide to obtain a short sale authorizaShort Sale Situations: Sellers who find themselves in a short sale position often turn to Cameron Novak and his team of short sale Realtors who effectively negotiate with many lenders nationwide to obtain a short sale authorizatSale Situations: Sellers who find themselves in a short sale position often turn to Cameron Novak and his team of short sale Realtors who effectively negotiate with many lenders nationwide to obtain a short sale authorizashort sale position often turn to Cameron Novak and his team of short sale Realtors who effectively negotiate with many lenders nationwide to obtain a short sale authorizatsale position often turn to Cameron Novak and his team of short sale Realtors who effectively negotiate with many lenders nationwide to obtain a short sale authorizashort sale Realtors who effectively negotiate with many lenders nationwide to obtain a short sale authorizatsale Realtors who effectively negotiate with many lenders nationwide to obtain a short sale authorizashort sale authorizatsale authorization.

I've actually been on both ends of the short sale process and find myself in this situation again and was wondering if you could offer some insight.

Every seller's situation has been unique to another but in nearly every short sale case the seller has not had to come with much, if any, money out of pocket; quite a few actually got paid to complete the short sale.

If you own a house in Fort Myers or Cape Coral, Florida and are considering a short sale please call our short sale team at Florida Future Realty, Inc. to discuss your situation to see if a short sale is right for you.

In most situations, it makes sense to do a short sale, if possible.

As a buyer, you really have no power to contact Countrywide about the short sale unless you get express written consent from the seller, which seems unlikely in this situation.

I explained to them (CW) my situation and the best they could say was «No we cant modify your loan or defer payments» and that I would have to try to short sale and if that does not work deed in lieu and worst case scenerio foreclose.

In situations where your income sources have changed or your pay scales have reduced you could qualify for a short sale.

@ Kate: Our offer situation was a bit complex ~ When we viewed the home in Feb 2009 and it was listed as a regular sale (not short sale) for $ 375K with a note stating «seller extremely motivated, present all offers».

I got the same situation that they wouldnt do anything unless I was behind in payments... so i started paying it at 59 days... The realtor I have has said that they have had no issues with a short sale before but most problems with a short sale is that the people within the bank do not know what they are talking about and you have to keep asking for someone else until they give you what you want..

The standards are illustrated in the following internal CW memo: — In order for the short sale transaction process to run efficiently, we are providing an informative timeline to assist in determining if you have a short sale situation that qualifies for escalatioin the following internal CW memo: — In order for the short sale transaction process to run efficiently, we are providing an informative timeline to assist in determining if you have a short sale situation that qualifies for escalatioIn order for the short sale transaction process to run efficiently, we are providing an informative timeline to assist in determining if you have a short sale situation that qualifies for escalatioin determining if you have a short sale situation that qualifies for escalation.

Investors easily fall for B - shares in sales situations because they don't understand the short - term vs. long - term differences.

Short sales are sold «as is» and requests for repairs to be made by the seller will likely not be approved as the seller is already in an unfortunate financial situation.

The exit strategy is very simple in this situation: get out as soon as price breaks support on a long trade, or resistance on a short sale.

Depending on how you decide to address the situation, short sale negotiation and deeds in lieu can be greatly facilitated by an experienced lawyer.

While the home equity situation in America is much better today and the volume of short sales and foreclosures has receded from record highs, there are still about 2.5 million homes underwater, according to industry data.

This is equally true for short or long sales cycles, and in high volume or high value sales situations.

We can help you with short sales and even rent - back situations so you (potentially) may be able to keep living in your home.

While the home equity situation in America is much better today and the volume of short sales and foreclosures has receded from record highs, there are still about 2.5 million homes underwater, according to industry data.

With Instant Offers, our premise is that there are some situations that necessitate a consumer wanting a simpler, more streamlined sale in a shorter period of time — whether it's negative equity, financial pressures, personal life changes like divorce or a family member passing away whose property is in a different state — and for those situations, we are the only company offering a solution that empowers the consumer to weigh investor offers against an estimate of how much the home would sell for on the open market.

The two most common ways to end owning your home in a distressed situation are foreclosure and short sale, which is when the proceeds from the sale are less than the balance owed on the properties.

There should be no taxable event when a lender forgives some portion of a debt in a short sale, foreclosure, bank workout or similar situation.

And are banks typically granting short sale requests in that situation?

Lets can go over your situation in detail and then if you decide a short sale is for you, we will go over the process on how to get your Temecula short sale approved at no charge to you.

Since in a St Paul Central short sale situation a lender could choose to foreclose on the seller, the lender's interests are potentially adverse to the seller's interests.

If you are in a foreclosure situation or you are thinking of doing a short sale we were the first agents in Wellington to do short sales back in 2005 and all over the state of Florida.

In that situation it is not in the homeowner's best interest to sell their home as short saleIn that situation it is not in the homeowner's best interest to sell their home as short salein the homeowner's best interest to sell their home as short sales.

The short sale offers you control in a situation where you can no longer afford to stay in your home and you're unable to sell it because you owe more than it's worth.

The short sale offers you the control in a situation where you can no longer afford to stay in your home and you're unable to sell it because you owe more than it's worth.

A Minnesota Osseo CDPE is a trained professional with specific understanding of the issues confronting the Osseo Minnesota real estate market, home owners needing a Osseo Short Sale, and anyone that is in a distressed financial situation.

But no matter what type of situation your credit is in, you can definitely score an excellent deal on a short sale — you just need to know more about the entire short sale home - selling process.

If you are in this situation we have a lot of experience in helping investors get their Wellington short sales approved.

I've actually been on both ends of the short sale process and find myself in this situation again and was wondering if you could offer some insight.

There are many situations that you may be facing when the subject comes up in your house about whether a Wellington short sale is your best option or not.

Her broad experience in property auctions, short sales and for - sale - by - owners gives her clients the inside track on handling different situations all the way to the closing table.

Every buyer's situation is different, but Veterans United has no seasoning period in many cases following a short sale.

But don't count on that benefit in a multiple - offer situation or in a short sale.

On average, Call Porter is less than half the cost of a full - time employee, and our reps are experts in understanding how short sales, probates, and other situations affect property value.

Each member of the team is expertly trained in the many nuances of real estate investing and is taught how probates, short sales, evictions, divorces, and other unique situations affect property value and seller motivation.

The home equity situation is much better today than when the exclusion was first put in place and there is no longer the avalanche of short sales and foreclosures.