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77

Short Sale Process - Top 10 Most Frequently Asked Questions

Due to the economic conditions in the housing industry consumers are looking for alternative solutions to avoid foreclosure. There are several options to choose from but in order to make the right decision for you and your family, we recommend that you speak to individuals or organizations who are experienced in this industry.

5 comments    foreclosure process shortsale
73

Short Sale Process Timeline

A mortgage short sale process allows the borrower to sell their home for less than what is owed on the mortgage and it prevents the seller from having their credit bureau score severely damaged. Although there is still a penalty with a mortgage short sale, it does not have the same ramifications of a mortgage loan foreclosure penalty.

1 comment    process credit report credit bureau
4closure Rescue profile image86

Bankruptcy Attorneys vs Short Sales; To Short or not to Short

Bankruptcy Attorneys

36 comments    finance real estate credit
81

Buyer's Short Sale FAQs

Buyer's Short Sale FAQs by Mikey and Steven Hall. Over the course of time, we field a lot of questions from buyers regarding short sales and some of those questions are more frequently asked than others. The...

5 comments    business real estate homes
82

Seller's Short Sale FAQs

Seller's Short Sale FAQs by Mikey and Steven Hall. Over time we've collected the questions we are most frequently asked by clients who were considering the short sale of their property. Some of these questions...

3 comments    business real estate california
ShortSalesBuyers profile image82

In a Short Sale, How does Private Mortgage Insurance work?

In today’s economy many homeowners are facing the prospect of losing their homes through foreclosure. There are various options they can try to take advantage of to avoid the foreclosure. One is...

1 comment    real estate short sales mortgage insurance
73

Wells Fargo Foreclosure

If you are a homeowner who is having trouble making your monthly mortgage payment, you are not alone.  If you have fallen behind on your mortgage payments and are facing foreclosure, you must contact your...

3 comments    mortgage foreclosure short sale
93

What Every Realtor Needs To Know About Working With Real Estate Investors

Real estate investors are a different type of real estate buyer than most real estate agents are used to dealing with. While agents are taught to deal with retail, home buyers, real estate investors are...

6 comments    real estate foreclosures funding
67

Hardship Letter and Key Questions to Evaluate

It is very agonizing for a homeowner to determine whether to Short Sale their home or begin the Foreclosure process. This articles will discuss the process of creating the Hardship Letter. I have heard from hundreds of homowners that they do not want to air their dirty laundry ...

3 comments    short sale short sales hardship
itcoll profile image64

hardship letter for a short sale

Do you want to know how to write hardship letter for a short sale?If you are not prepared to take a loan modification or a refinance,going for a short sale will be the best available option for you.In this process,the hardship letters are to be presented to the loss mitigators.Know how to write them effectively here.

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