All Blog Posts (1,246)

New Short Sale Happenings

Well, it's been awhile since my last post and it's not because business is down. Au contrere my friends, if you are in real estate and you are NOT doing short sales you are certainly missing out. I have more short sales than I can shake a stick at! Seriously though, to be successful in short sales, it is IMPERATIVE that you:

1. Know what you are doing (and I mean really know what you are doing, none of this "I'll learn as I go along malarkey.")

2. Have a support staff

3.… Continue

Added by Joseph C. Alfe on January 8, 2010 at 12:11pm — 4 Comments

Buying Short Sales Require an Experienced Realtor

The best way to buy a short sale home is to use a Realtor who has short sale training and experience. The short sale process is much more complicated than buying a regular home, so if you have a desire for saving a lot of money on your home purchase, contact a local Realtor who can either help you or refer you to someone who specializes in these home transactions.

Michael Mergell
(317) 645-8717

Added by Michael Mergell on January 7, 2010 at 6:42pm — 1 Comment

Facebook Friends = Short Sale Help!

It's really important to let people know that there is help, and one way I tell people about my services is on A facebook friend of mine has been watching the work I have been mentioning on facebook status updates, and talking to me in person about what I do with short sales. So when a friend of hers reached out in desperation in a message on facebook, my friend knew she could… Continue

Added by Dawn Maloney on January 7, 2010 at 5:35pm — No Comments

What is a Short Sale Specialist?

What exactly is a Short Sale Specialist?

Well I never thought I would call myself one of those but when you get through your first one, you kinda feel like you have earned the right to say that your a specialist in that area. I have not been in the business as long as other Realtors so all of my real estate life short sales have existed. They are normal to me but for some people that have been in the business for a long time this is all new to them and some Realtors are very… Continue

Added by Deana Smedlund on January 7, 2010 at 4:12pm — No Comments

Short Sales/ Qualifying Sellers

Here are just a few questions i always ask prior to taking a short sale listing.

Whether or not the owner has a valid hardship
Whether or not there is sufficient time to accomplish a short sale
The amount that is owed on the property
Whether or not the homeowner has liens in addition to the mortgage
The condition of the property
That the homeowner will be cooperative in completing the short sale documentation and in maintaining the property for showings

Added by Thomas Becker on January 7, 2010 at 4:10pm — 1 Comment

Short Sale Hardship Letters

Our government estimates by the end of 2009, over 50% of Americans who have a mortgage on their home will owe more than the value of their property. If you are in a difficult financial situation like much of the country, a short sale may be the only alternative to a foreclosure. We do have a saying we use in the business, "a short sale is only for those that HAVE to sell, not for those that WANT to sell". In a short sale, your lender will require you to prove your financial hardship,…


Added by Mike Linkenauger on January 5, 2010 at 12:48pm — 3 Comments

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