ARCHIVED BLOG POSTS
2011
Antioch CA - Many home buyers think that the short sale lender is in charge during a short sale. Nothing could be further from the truth. The short sale lender can only veto short sale offers. They can't put the property up for sale or decide who to sell it to. Only the home owner can do that. Wh...
01/30/2011
Antioch CA - A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home. We gave them the normal answer: "It's much better for your credit." That was the first thing that popped into our head. But, I k...
01/29/2011
Antioch CA - The Star Tribune, a newspaper in Minneapolis, recently ran a story about loan modifications. Here is an excerpt from the article: "Many people who sought help under a federal program created to keep them from losing their homes are instead getting saddled with huge, unexpected bills...
01/28/2011
Antioch CA - If you are selling your home, then ask the buyer to write a letter about why they want to purchase the home. If you are a buyer, then write that letter. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The listing agent will submit that ...
01/27/2011
Antioch CA - We often get asked if a short sale is even worth the effort. "Do I need to have my short sale "Approved" by my lender before I put my home on the market?" one seller asked us. "When I called my lender they wouldn't talk to me about my short sale. I am concerned that they might do tha...
01/26/2011
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Antioch CA - According to data from the National Bankruptcy Research Center, US bankruptcies have reached a 5 year high. The last record was set in 2005. That record was set because bankruptcy laws were being tightened up and people wanted to file before the laws changed. (The big banks had convi...
01/25/2011
Antioch CA - We often get asked that question. Some people think that since they are walking away from a large upside down mortgage, then the bank won't approve it. That usually isn't true. I wanted to put together a few examples of people the Stop Foreclosure Institute has helped with a short sa...
01/24/2011
Antioch CA – We often get asked that question. Some people think that since they are walking away from a large upside down mortgage, then the bank won’t approve it. That usually isn’t true. I wanted to put together a few examples of people the Stop Foreclosure Institute has helped with a short sa...
01/24/2011
Antioch CA – This is a continuation of a former article about short sales. We often get asked if a short sale is even worth the effort. “Why don’t I just let the bank have the property”, sellers tell us. “I don’t ever think I’ll be able to fix my credit to be able to buy another house.” Discover...
01/19/2011
Antioch CA – We often get asked if a short sale is even worth the effort. “Why don’t I just let the bank have the property”, sellers tell us. “I don’t ever think I’ll be able to fix my credit to be able to buy another house.” Discover how other sellers successfully did a short sale to avoid fore...
01/18/2011
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Shonn Thompson
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