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- “I’m behind on my mortgage, I was declined for a Loan Modification and I’m currently facing Foreclosure. What now?”
- Short Sales Continue to Become More Common than Foreclosures
- Foreclosures Avoided with 422,000 in Short Sales and 850,000 in Loan Modifications in 2012
- Obama Administration Reports on Loan Modifications and Foreclosures in January
- Freddie Mac’s New Short Sale Process Has Begun to Take Hold
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Tag Archives: closing
Realtor Tip 15: Managing Divorce in a Short Sale
Realtors need to be acutely aware of a divorce situation when doing a short sale, or when selling a house in general When you’re dealing with a short sale, always ask up front whether the homeowner was ever married during the period they owned the house Continue reading
Posted in Short Sale Realtor Tips
Tagged closing, divorce, divorce and short sale, divorce decree, homeowner, ownership, short sale, short sale realtor, spouse
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Realtor Tip 13: Short Sales and Property Taxes
In a well-negotiated short sale, the lender should pay all the property taxes, including back taxes. If the homeowner did not escrow their property taxes and has not been paying them, in some cases the bank will have already paid them Continue reading
Posted in Short Sale Realtor Tips
Tagged approval letter, back taxes, closing, HUD-1, lender, net sheet, property taxes, realtor, short sale, taxes
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John Anderson