One Upside To The Horrible Housing Market
Sunday, February 20
If you are a homeowner, then the housing crisis has decimated the equity in your home. Many families have watched years of hard work spent building their equity go down the drain. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. But, there is one gro...
How To Avoid Any Suprises When Selling A Short Sale
Sunday, February 20
"What? I Didn't Know We Had To Pay That Fee?!!" Many agents and buyers are scared of short sales. Here is something that I do to make the short sale process easier for the home seller. Before I start negotiations with your lender, I will order a complete title search. Here is why I do that. I wan...
Why is my Agent Trying to Talk me out of Buying a Short Sale?
Friday, February 18
The Stop Foreclosure Institute recently received a question from Tamra. She is buying a home and her agent is trying to talk her out of short sales. Here is Tamra’s question. “I am looking to buy a home. Some of the best priced properties are short sales. However, my agent won’t show me these hom...
What You Should Look For In A Buyer Of Your Short Sale Property
Friday, February 18
Short Sales can be tough. Many buyers don't understand the process and think that since it is a buyer's market, then they set the rules. That's not the case. You, the seller set the rules. After all, you still own the property. But, more importantly, you must set the rules for offers. If you don...
Is this a reasonable offer from a buyer of a short sale property?
Thursday, February 17
Some buyers think that since it is a buyer's market, then they can make any crazy demand of a seller. And they can't understand when the seller isn't excited by their lowball offer. Here is an example of a recent story where this happened. A buyer makes an offer on a short sale. Discover how oth...
What Is A BPO?
Wednesday, February 16
If you have been reading about short sales, then you have probably heard the term "BPO" and wondered what it meant. BPO stands for Broker's Price Opinion. A Broker's Price Opinion is when a licensed real estate agent gives their opinion of the value of a property. That value is what the lenders ...