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Who Are The Real Short Sale Experts? Part 2

by Atlanta Short Sale Agent on June 11, 2010

Key Questions For Determining Short Sale Expert Status

Last time we talked about the other people that try to help. There are certainly well meaning individuals out there that are qualified and can help.  However, more often then not, these “other” people are looking for another angle to get paid on the short sale than just what the bank has to offer.

Real Estate Agents

Although it’s a bit biased opinion, Real Estate Agents are typically the ones that you should be turning to, especially if the only debt you are dealing with is your home. [click for more short sale info...]

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Who are the Real Short Sale Experts?

by Atlanta Short Sale Agent on June 9, 2010

Key Questions to determine if you’re dealing with a True Short Sale Expert

If you are in the unfortunate majority of home sellers who are upside down on your home and needing to move, it can be a stressful situation.  Add to this the complexity of choosing someone to help you.  You have supposed short sale attorneys, loan modifications, forensic auditors and more knocking on your door to assist you.   On top of that you need to sell your home and of course that means you need a Realtor.  [click for more short sale info...]

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Short Sales Aren’t Short or Simple

March 24, 2010

Short Sales can be really simple, or very complex. Let’s us a real life example of a short sale we are working on with Suntrust.
In this example, Suntrust is just a servicer, while another “investor” is holding the “investment”  Suntrust takes orders from this investor which can delay the process significantly.   This situation [...]

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Short Sales Affect Your Credit

March 10, 2010

You probably know by now that completing a short sale is much, much better then giving up and quitting and letting the bank take the home via foreclosure.  You probably also know that although, much better than a foreclosure, the short sale will affect your credit.
What you probably don’t know is that in most cases [...]

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I need my home listed ASAP!

February 5, 2010

This happens quite a bit.  I get a call from someone about their short sale and they are frantically wanting to get the home on the market.  In some cases, they want to get their home on the market but they can’t make time to meet with our team or make the home available for [...]

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Do You Have An FHA Mortgage? Short Sales Are A Breeze

December 22, 2009

If you have an FHA mortgage then you might qualify for your lender to “pre-approve” your short sale with what is called a “Pre-Foreclosure Sale.”  I can’t tell you specifically how the two are really different at the end of the day.   However, I can tell you that we are closing short sales in record [...]

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Short Sale FAQ – Do you have to be late or behind?

December 17, 2009

The short answer is finally yes. 
You must be at least 30 days delinquent for a short sale.
In over a year with shorts sales, we noticed a trend in the last 60 days to get more agressive with borrowers who have the financial ability to pay. 
Previously, if you moved out of the home and could “barely” afford [...]

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Not All Agents Are Short Sale Agents

February 1, 2009

It’s often a misconception that all real estate agents are the same.  In fact, it’s common that at the very least all agents with the same company are grouped together.  You need a great company that backs the AGENT and not the brand, and luckily I have that in Keller Williams.
However, this isn’t a recruiting [...]

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