Sentences with phrase «short sales process go»

We were told to be late to get the short sale process going.

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.

Homeowners who went through the short - sale process, finding buyers and winning bank approval, are penalized exactly like defaulters who walked away.

My concern is, many Realtors are just trying to make a living wage right now, there have got to be just as many Lawyers out there looking for the next great opportunity... I really believe it is going to be the unfortunate Realtors that regardless of how well (or poorly) they performed on the short sale, that are going to get sued because the Seller will have get some sort of financial demand down the road and will have long forgotten all of the hard work and disclosing the Realtor did on their behalf during the short sale process.

Buying a short sale generally lasts at least three months, and can last significantly longer, so it's important for buyers to go into the process prepared to be patient, and they're more likely to enjoy a successful purchasing process.

You have to go into a short sale process EXPECTING it to take 3 months or longer.

Hi, everyone I just have a quick question Im going through the short sale process and my attorney called me and said that the sellers will be ready to close by November 15 but my realtor said he hasnt heard anything about the short sale being approved.

We were not showing the property because the short sale was going through the approval process at CW, and we were advised the buyer was still on board — until the day of authorization!!

I am currently going through the process of short sale.

I have been in the short sale process with Country Wide and we are on our fifth offer - they continuously change their mind on an approved number and recently the negotiator stated: we would rather the house go into foreclosure - we will make more money....?»

For veterans and their families who have gone through a short sale in the past, they may find themselves in the position to buy a new home, but there's often the question of how the purchasing process will go.

The 1st home went through a Short Sale process and Ben was amazing at getting this house sold under that program.

It's important to know not just the federal rules but what's going on in your state, Thompson says, because a variety of state statutes have been enacted to address foreclosure processing improprieties, taxation of mortgage debt forgiveness, and liability for deficiency balances after a short sale or foreclosure.

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.

With my years of experience with successful short sales, I can guide you smoothly through the short sale process and help you avoid the pitfalls and stress that most sellers go through during the short sales process.

«Many of these properties will be listed for sale as short sales in the next six to 12 months, or go through the foreclosure process and eventually be listed for sale as bank owned in the next 12 to 18 months,» according to the report.

We recently decided to go for a (2nd) short sale process as we were unable to continue with our mortgage payments and our home was underwater.

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.

While some of the properties are newer on the market the real reason the number of listings increased is mostly from Fannie Mae owned mortgages going through the short sale process being kicked back into the market due to over the market value counter offers regarding what Fannie Mae is willing to accept as a short fall on a short sale.

A short sale is the process where you sell your home for a price that is lower than what you owe and the profits will go directly to your lender to pay for the majority of your debt.

The Short Sales that closed during May were homes that likely went under contract anywhere from December 2013 through February 2014, allowing for a minimum of 3 months Short Sale approval processing time.

I have no problem if a lender says no to the short sale process and elects to go the foreclosure process instead.

My concern is, many Realtors are just trying to make a living wage right now, there have got to be just as many Lawyers out there looking for the next great opportunity... I really believe it is going to be the unfortunate Realtors that regardless of how well (or poorly) they performed on the short sale, that are going to get sued because the Seller will have get some sort of financial demand down the road and will have long forgotten all of the hard work and disclosing the Realtor did on their behalf during the short sale process.

Now as investors, we actually want to buy short sales because we're ok waiting for the process to take shape, and we can even help push along the approval process (if you need a short sale, then go here now).

The point I am making is that the relationship of logic to how the lender is going to deal with the short sale process is neither logical nor illogical — it is «a-logical» — without logic!

But one day it will all be confirmed that the short sale package has been received and is going through the processing department and then assigned a negotiator.

I was not entirely sure of how my situation with a home that was totally «upside down» was going to unfold, and I had no experience with the short sale process.

Nestor calls the homeowner back to go over what the plan of action could be, the facts in the short sale process and then emails the seller a short sale package.