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December 2011 - Posts

Hollister Short Sales: Who Is in Charge during a Short Sale?
Hollister CA – Many home buyers think the short sale lender is in charge during a short sale. Nothing could be further from the truth. The short sale lender can only veto short sale offers. He can't put the property up for sale or decide to Read More...
Seven Ways You Benefit from a Hollister Short Sale
Hollister CA – A home owner thinking of a short sale recently asked us why she should short sale versus just walking away and letting her lender foreclose on the home. We gave her the normal answer: "It's much better for your credit." Read More...
Another Tip to Improve the Odds of Your Short Sale Offer Being Approved
Hollister CA – If you're selling your home, ask the buyer to write a letter about why she wants to purchase the home. If you're a buyer, then write that letter. Discover how other sellers successfully executed a short sale to avoid foreclosure Read More...
Does My Hollister Short Sale Have to Be Approved before I Put It Up for Sale?
Hollister CA – We often get asked if a short sale is even worth the effort. "Do I need to have my short sale 'approved' by my lender before I put my home on the market?" one seller asked us. "When I called my lender, they Read More...
Will Your Hollister Short Sale Realtor Follow Up Properly to Ensure Success?
Hollister CA – We got a short sale approved yesterday. This file was a fiasco from day one. Despite the incompetence we faced from outside entities, we got the file approved through persistent follow up. The first lender handling the file was incredibly Read More...
Can Your Hollister Short Sale Realtor Beat the 80% Short Sale Failure Rate?
Hollister CA – Some people think short sales represent a bargain in the real estate world. Others have said banks sell short sales for below market value because they want to avoid foreclosure. That isn't true. Yes, banks do prefer to sell a Read More...
Hollister Short Sale Help: Another Short Sale Almost Killed by Lender Incompetence
Hollister CA – We have seen many instances where a short sale that should have been approved was denied. If your short sale Realtor doesn't know what she's doing, you might get stuck with a promissory note you don't deserve. Click here Read More...
Hollister Short Sales: Questions to Ask before Hiring a Short Sale Agent
Hollister CA – The right agent can make the difference between success and failure on your short sale. You risk losing a lot when your agent doesn't understand short sales. The short sale can be denied and the home foreclosed. Then you have Read More...
60 Minutes and the Housing Market – How Do Short Sales in Hollister Fit In?
Gainesville FL – Very few people disagree that banks are not handling the housing crisis properly. Why is it so hard to get a reasonable loan modification? Click here to discover how other sellers successfully executed a short sale and avoided foreclosure. Read More...
Hollister Short Sales: A Technique to Make Short Sales Easier
Hollister CA – I read an interesting book. The author talked about persistence and how it helps you be successful. He told a story about phoning a call center. Click here to discover how other sellers successfully executed a short sale and avoided Read More...
Why Isn't My Vacant Home Selling as Fast as Others in Hollister?
Hollister CA – Selling a home is part financial, part logic, and a lot of emotion. Everyone knows that feeling when you walk into the home that's "the one." You get that breathtaking feeling: the butterflies in the belly and that instant Read More...
Hollister Short Sales: Should I Be Embarrassed by Doing a Short Sale?
Hollister CA – Short sales are situations that can often cause emotional turmoil as well as financial upheaval. It's amazing how quick people are to judge others, but times may be changing when it comes to today's financial situations. We're Read More...
Hollister Short Sales: The Importance of Curb Appeal When Selling Your Home
Hollister CA – No matter what the circumstances are when you're selling your home, you want to get top dollar for it. For the potential owner it's like her birthday, or Christmas or Hanukkah. So why not GIFT WRAP your home for her? As silly Read More...
Hollister Short Sale Question: Should I Short Sale or Declare Bankruptcy?
Hollister CA – The Stop Foreclosure Institute recently received a question from James. Here is his question. "I am upside-down by $300,000 on my home. I want to move, but I'm concerned about having that $300,000 debt chasing me for the Read More...
How Can a Hollister Realtor Help Me When I'm Facing Foreclosure?
Hollister CA – While most people think of Realtors as people to whom you turn only when you're buying or selling a home, many don't realize that a Realtor's expertise in the housing industry can help you in other ways as well. If you're Read More...
Hollister Short Sales: Are You Facing Foreclosure?
Hollister CA – What can you do if you're facing a foreclosure? One of the scariest and worse case scenarios for a homeowner is getting so far behind in payments that foreclosure is just around the corner. You feel as though you've let down Read More...
Hollister Short Sales Are Improving
Hollister CA – We recently saw something positive on short sales with Bank of America. Bank of America recently sent out an email stating that you can now initiate the short sale process without a buyer. Specifically, the agent can start the process Read More...
Hollister Short Sale Question: What Are My Options?
Hollister CA – The Stop Foreclosure Insitute recently received a question from Denzel. Here is his question. "I purchased my home in 2007 for $365,000 and put $18,000 down. Today I owe approximately $340,000. The mortgage is with Wells Fargo. Read More...
Hollister Short Sale Myth: It's Very Difficult to Get a Bank to Approve a Short Sale
Hollister CA – Short sales are difficult when you don't know what you're doing, but they aren't so difficult as people say. Click here to discover how other sellers successfully executed a short sale and avoided foreclosure. Here are Read More...
Hollister Short Sale Myth: Banks Aren't Approving Short Sales Because They Don't Want to Take Big Losses
Hollister CA – This is another short sale myth we've seen tossed around. Some people in the media even suggested that banks were delaying foreclosures to delay losses being recorded on their books. Click here to discover how other sellers successfully Read More...
Hollister Short Sale Myth: Short Sales Are Always Sold Below Market Value
Hollister CA – Some people think short sales represent a bargain in the real estate world. Some people have said banks sell short sales for below market value because they want to avoid foreclosure. That isn't true. Yes, banks do prefer to sell Read More...