Real Estate Junkie Articles
Short Sales can be “SHHHHORT!!”
I know that many of you believe that short sales can’t be short; however, on this deal, the time frame from beginning to end was approximately 35 days. The Seller had lived in the property for years and the foreclosure action had been going on for approximately 4 years. During the 4 year period, the […]
Fighting the Short Sale Lender Values
I have spoken with many Realtors and Investors who informed me that they are not interested in listing or buying short sales because the Short Sale Lenders are always higher than the actual value of the property. I have stressed over the years how important it is to meet the Realtor or Appraiser that was […]
The Meeting with the Mighty BPO
I have spoken with several Realtors and Investors who say that they don’t like short sales and I always ask them “WHY?” They tell me that the Short Sale Lenders never come back with a value that matches the offer that they have on the property. I always ask them did they go out and […]
Lender Denies Short Sale But Still Gets Paid
Negotiating is a vital part of your business when it comes to cashing big on short sales. It is always important to know who the investor is on the loan, and I’m not referring to who is servicing the loan and collecting the Sellers payments. There is an investor behind the scenes. Also, find […]
