Keyword: short sale negotiation
Keep Communicating and that Short Sale Actually May Close
At the beginning of the year, I wrote about the top 11 ways to get a short sale approved in 2011. I then spent the next several weeks elaborating on each of the pointers that I mentioned in my Letterman-style top 11. Agents frequently comment that many of my tips are common sense. That’s true. I never claimed to invent ...
When Negotiating Short Sales, Be Objective and Eat Cake
Does the mortgage lender really care? As the owner of a local real estate brokerage and affiliated third party short sale negotiation company, I have seen more than my fair share of short sale transactions. I’m not sure if the volume has caused me to become more objective or if I am merely objective by nature. But, I do believe ...
Mastering the juggling act that is real estate short sales
Organization is important in a short sale transaction. I can’t juggle. Well, maybe I can if throwing two tennis balls up in the air counts as juggling. So, in a physical sense I can manage the two tennis balls. But, with regard to short sales and the short sale transaction, there is quite a bit more to juggle then just ...
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Is there a foreclosure date in the works for one of your listings?
How to check whether a foreclosure is in the works Last week I wrote a blog post about the time frame for short sale approvals being tough to predict. In fact, I said that not even Nostradamus could make that prediction. That being said, there is one component of a distressed property transaction that can be predicted with absolute certainty. ...
Short Sales: Is It Strategic Default or Harsh Reality?
Determine the Source of the Hardship There has been a lot of information in the news lately about strategic default. Strategic default is the decision of a borrower to stop making payments (to default) on a debt despite having the financial ability to continue making those payments. Whatever your opinion might be about participating in a strategic default, it would ...
The Beauty of the Short Sale Transaction (No Folks, I’m Really Not Kidding)
Please welcome our newest writer, Melissa Zavala, Broker/Owner of Broadpoint Properties, who is a Short Sale Expeditor that has become so well known for her work in pre-foreclosure sales that her expertise is sought out by industry professionals. Melissa brings with her a fascinating background, having earned a BA and Masters in English from Northwestern University and was a Senior ...
Benn Rosales
Conal Campbell
Elijah May
Lani Rosales
Tara Steele
Marti Trewe
Charlene Jimenez
