Be A Local Guru
Playing Hide and Seek with Lenders
Working an effective short sale can seem impossible if your Seller is not providing you with accurate information. The very first thing I require from all Sellers is a ‘complete’ Seller Information Sheet. My Seller Information Sheet is customized to specifically catch every pertinent fact about the Seller and the house. Below are several things […]
5 Short Sale Negotiating Tips from Kimberlee Frank
TIPS WHEN DEALING WITH SHORT SALE SELLERS – How do you know it is a short sale deal? When they are willing to sell the house for what they owe. When the house is upside down and you can’t pay as much as they owe on it. When they are too far behind on their […]
New Laws for Freddie Mac Short Sales
I have been doing short sales for a long time and I have watched the industry change regarding Trusts, Options and Arm’s Length Affidavits. Recently, I read that effective January 1, 2012 Freddie Mac is not allowing flipping on short sales and is looking to hold all parties liable if they are aware of reselling […]
Fighting over Credit Card Lien Releases on Short Sales
Working on short sales is always exhilarating when you receive updated title work which shows there are additional liens against the property. Many Realtors, Investors and Short Sale Negotiators aren’t knowledgeable or prepared to fight the fight against Credit Card Liens on short sales. I recommend that the first thing you do when working a […]
