Tag Archives: short sale realtor

Realtor Tip 15: Managing Divorce in a Short Sale

Posted on May 2, 2012 by John Anderson

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 →

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Is Your Agent Qualified to Do a Short Sale?

Posted on January 24, 2012 by John Anderson

Does the agent specialize full-time in short sales Some agents will take a class or two in short sales and market themselves as a short sale realtor Can your agent prove their track record with short sales Continue reading →

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Keys to Short Sale Success: Cooperation and Responsiveness

Posted on January 13, 2012 by John Anderson

A short sale can help you avoid foreclosure and is an invaluable option if you are delinquent on your mortgage During a short sale, the seller is expected to provide various documents to the realtor to give to the lender Continue reading →

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Can You Do a Short Sale if the House is in Bad Condition?

Posted on January 2, 2012 by John Anderson

If you are behind on your mortgage payments and your house needs significant repairs, you may be concerned that the bank will not agree to a short sale and will instead move forward with a foreclosure No matter what your house looks like, an experienced short sale realtor will find a qualified buyer and negotiate a short sale with the bank at a fair value Continue reading →

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Why Would a Bank Negotiate a Short Sale?

Posted on January 1, 2012 by John Anderson

For homeowners who can no longer afford their mortgage payments, arranging a short sale is far preferable to losing their home in a foreclosure A short sale can help protect your credit history and give you the time and resources to make other living arrangements, providing a smoother transition to your next residence Continue reading →

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How to Handle Persistent Calls from Your Lender

Posted on December 29, 2011 by John Anderson

If you are more than a month behind on your mortgage, your bank may be calling you frequently at home and at work in an attempt to get you to catch up on payments Your realtor should handle all negotiations with the bank Continue reading →

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Short Sale Documents: What You Need for a Successful Sale

Posted on December 27, 2011 by John Anderson

If you are now planning to sell your home in a short sale to avoid foreclosure, you likely will have to compile just as much paperwork When you arrange a short sale for your home, your realtor does the heavy lifting Your job is simply to provide the needed short sale documents requested by your realtor and the bank Continue reading →

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When Should a Homeowner Consider a Short Sale?

Posted on December 7, 2011 by John Anderson

If you’re behind on your mortgage payments or you know that your income will not be sufficient to make the payments going forward, it may be time to consider a short sale on your home A short sale can help you avoid foreclosure and salvage your credit rating while still letting you liberate yourself from your home loan. Continue reading →

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