There are banks, like Suntrust that we prefer NOT to work with and others like Citi or EMC that we do enjoy working with. However, in general, we won’t turn away helping a home owner due to their bank or servicer.
FHA Guidelines have some quirks to them if you own a home with a FHA mortgage that you should know. In this video we discuss the really cool incentive that is offered to home owners, but at the same time try to “temper” that excitement with some understanding of how it works.
[media id=5] 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 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 [...]