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Vacant means Abandoned to the Bank

by Atlanta Short Sale Agent on August 30, 2010

We’ve mentioned this before and talk about it quite a bit, but if your home is vacant, you can call it “Abandoned.”  This video discusses how the bank does their evaluation and then shows you what happens to some people’s homes if found “vacant.”

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Where Do You Get Your Short Sale Info? (PT2)

by Atlanta Short Sale Agent on August 25, 2010

Do you do your own research and actually review the guidelines for short sales are do you just take the word of someone who benefits?

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Where do you get your short sale info?

August 23, 2010

Where do you get your Short Sale Information? (Part one)
Where do you get your information on Short Sales? How about bankruptcy?  Are you getting it from people who profit from it (Like me) or are you doing your own research?  This Short Sale Video goes in-depth talking about why you should do your own research.

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What Happens After The Foreclosure?

August 13, 2010

We talk alot about short sales and how to do them and how they work but what happens if your home gets foreclosed on.  What happens before and after this process?
This video goes into the ins and outs of this unfortunate circumstance.  A sheriff doesn’t always kick in the door and draw his gun, sometimes [...]

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Short Sales Aren’t Quick, but They Go Fast

August 11, 2010

Short Sales are not quick as some people think.  However, they do sell fast!  This condo in Atlanta on 950 W. Peachtree Street was approved twice by Wells Fargo before it finally closed, but in both instances, the condo went under contract with less than a week on the market.  Be sure to sign up [...]

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Approved Short Sale Might Not Be True

August 8, 2010

Approved short sale might not be the most true wording in a listing.  In fact, with some exceptions (Suntrust Short Sales) the “approval letter” has the name of the buyer.  Which means at the very least you’ll have to get a new letter with a new name on it.  In addition, most banks will send [...]

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FHA Short Sale Guideline Myths PT 1 [VIDEO]

August 2, 2010

If you have a home that is insured by an FHA mortgage then we have some good news and some other news for you.   In this video we talk briefly about qualifying for a short sale as an FHA mortgagee.  There’s a certain myth we debunk in this video.
Overall, FHA Short sales are “easier” (emphasis [...]

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Citi Short Sales | Citibank – Atlanta GA

March 30, 2010

Citi or Citibank short sales are very simple when you know what to do.  They have their own set of forms to fill out and they process very quickly once you have those forms.  The forms can be found on their website or simply have them faxed to you by calling your bank.  The bank [...]

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Wells Fargo Short Sale Video

March 2, 2010

We recently recorded a video (got to learn how to use a mic) about a Wells Fargo Short Sale. Here we go into why we like Wells Fargo Short Sales.  Wells Fargo is the most consistent of the banks we typically deal with.  They also seem to be the most lenient when it comes [...]

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