July 2011 - Posts
Hollister CA – The tax credit expired and everyone turned negative on the housing marketing. One so-called expert said we could see headlines about the real estate market crashing again. Another said the housing market is going to continue its decline
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Hollister CA – We throw around the statistic that a short sale reduces a lender's losses by 20% compared to a foreclosure. However, I am sure there are many people who find that hard to believe. So today I am going to give you a breakdown of
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Hollister CA – Many agents get frustrated because they know who the short sale negotiator is, but they don’t have any way to communicate with that person. Most short sale negotiators communicate by email, but they usually wait until they are
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Hollister CA – The Stop Foreclosure Institute recently received a question from Sammy. Here is his question. Click here to discover how other sellers successfully executed a short sale and avoided foreclosure. "I like your blog post about how
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Hollister CA – The Stop Foreclosure Institute recently received a question from Jonathan. Here is his question. "I am looking to buy a short sale. The seller wouldn’t accept my offer. My agent told me it was because the short sale lender
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Hollister CA – The Stop Foreclosure Institute recently received a question from James. Here is his question. "I’ve heard there is a 70% failure rate on short sales. Is that true? If so, then why do so many short sales fail?~James"
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Hollister CA – The Stop Foreclosure Institute recently received a question from Josh. Here was his question. "I heard that a short sale reduces a lender's losses by 20% compared to a foreclosure. You would think that would make them excited
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Hollister CA – Many people mistakenly think a short sale is adversarial. "I will fight that banker and convince him to let me short sale and walk away from the upside down debt," they think to themselves. That is not how short sales actually
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Hollister CA – You might think it is an embarrassment to sell your home as a short sale. "My friends will laugh at me when they realize I owe more on my house than it's worth," some people think. The reality is that many Americans
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Hollister CA – Short sales have a reputation for taking a long time, but they can drag on even longer if the paperwork isn't submitted to the lender in a timely manner. When the Stop Foreclosure Institute first started doing short sales, it
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Hollister CA – A few years ago most agents didn’t understand short sales. They didn’t want to get involved in them because of the extra work required. Click here to discover how other sellers successfully did a short sale and avoided
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Hollister CA – Many homeowners think they have lots of time. "We'll put out home up for sale in a few months. I know the bank is working to foreclose on it, but we can wait," they say to themselves. In order to have a successful short
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Hollister CA – Here is a case study of homeowners who wiped out $101,279 in upside-down debt and built a brand new home at the peak of the market. Click here to discover how other sellers successfully executed a short sale and avoided foreclosure.
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Hollister CA – Some homeowners looking to short sell their home think they will have to repay their lenders for the entire loss. It’s unfortunate to see them stress out and lose sleep at night, wondering how they will repay the debt. A short
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Hollister CA – No one wants a deficiency on a short sale. It’s not your fault the housing market crashed. In fact, some people say the banks and Wall Street are what caused the crash. Get my Free, Step By Step Loan Modification Guide by clicking
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Hollister CA – Most people short selling their homes do not want to repay the deficiency. And in most cases, the lender allows them to walk away with no deficiency. But that is not always the case. Some banks are very pushy when it comes to the
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Hollister CA –We had a question about FHA short sales yesterday. We did some research on FHA short sales as a result, and we stumbled upon something interesting. We have a list of all of the things FHA considers legitimate hardships for a short
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Hollister CA – The Stop Foreclosure Institute recently received a question from Tonia about short sales. Apparently Tonia has been misled by her lender. Get my Free, Step By Step Loan Modification Guide by clicking here. Here is Tonia's question
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Hollister CA – Some sellers think that if they sell their house for more money, they are less likely to have a deficiency. Let me explain why that is not true. Get my Free, Step By Step Loan Modification Guide by clicking here. Another realtor recently
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Hollister CA – The Stop Foreclosure Institute recently received an email from a recent short sale seller. We had helped him short sale his house. Get my Free, Step By Step Loan Modification Guide by clicking here. Here is his email. "Hi, I
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Hollister CA – If you have a foreclosure or short sale on your credit report, it will lower your credit score quickly. In the near term, the decrease will be much more than it will be a few months down the road when it starts to inch its way back
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Hollister CA – The next step in your path to an improved credit score is to do what they say on the shampoo bottles: Rinse and Repeat. Get my Free, Step By Step Loan Modification Guide by clicking here. In the Rinse and Repeat phase, you just keep
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