Getting Paid Fairly as a Realtor

One of the biggest problems in the Bank Negotiation field today is the commission cuts to Realtors. Realtors are the #1 source of short sale applications because they are the ones that come in contact with troubled seller the most. This episode of The Short Sale Show is ...

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Short Sale Success Story: Over $98,000 Written Off!

I recently completed a short sale negotiation for Todd and Valerie Hall In Taylor Michigan. Watch the video above to hear what they have to say in their own words and feel free to read some of the kind words they shared with me below. Over the past few years ...

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Should You REALLY Keep Paying On Your Second Mortgage?

Are you consumed with a desire to stay in your home? Are you shackled with two mortgages, the combined payments of which are simply not withing the affordable range anymore? In this video I talk about how, if you care more about your home than your credit, you can get ...

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Short Sale or Loan Modification?

While searching for short sale news the other day I ran across a good blog post by Jim Klinge. He was replying in detail to one of his readers who was struggling trying arrange a short sale or a loan modification. Jim brought up a number of valid points, ...

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Short Sale Success Story of Injured X-Ray Technician

Lori felt trapped by a tumbling real estate market that brought the value of her home lower than what was owed and a medical condition that cut her income in half. Over the course of 6 weeks, we worked around all these obstacles to overcome this serious problem. When all was ...

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What Happens With the Short Sale Deficiency Balance? Part 3

Here we wrap up our 3-part series outlining the major points concerning a short sale deficiency balance and what you need to be thinking about when faced with one. It's important that you do watch all 3 videos if you are going into a short sale situation because the deficiency balance ...

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What Happens With the Short Sale Deficiency Balance? Part 2

A short sale on your home will result in a deficiency balance and is often handled in one of three ways as outlined in the previous episode of this show. While your lender can, and often will, put in writing that upon completion of the short sale and them receiving the ...

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What Happens With the Short Sale Deficiency Balance? Part 1

Short Sales always result in a some type of deficiency balance. After all, if you owe $250k on your home and the lender chooses to take a short sale that returns to them only $115k then a $135k deficiency is created. How that deficiency is handled is probably the most ...

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Can Your Rent Your House Back After a Short Sale?

I am constantly coming in contact with troubled homeowners that are looking for the solution to their unaffordable, over leveraged home. While a short sale is often the best solution (sometimes the only solution)I find that most have a strong burning desire to "save the home" and will often ...

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Deed In Lieu of Foreclosure

If you ever decided to contact your lender to discuss options before looking to a short sale, they may suggest that you consider a Deed In Lieu of Foreclosure. Friends, family, and coworkers in whom you confide the details of your situation may bring it up as well. In this ...

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Short Sale News...

(AFX UK Focus) 2010-03-09 22:27 UPDATE 1-U.S. SEC quells short sale prohibiti... WASHINGTON, March 9 (Reuters) - U.S. securities regulators are not considering short sale restric...

Climateer Investing: "Fannie, AIG Jump: Short Sale Ban?" (AIG; C ... If it were still in the Standard & Poor's 500 Index, it would be the third most-shorted among the...

California one step closer to exempt short sales from tax Yesterday California’s Assembly voted to advance a tax bill meant to exempt homeowners who lose t...

Some differences explained between short sale, foreclosure (The Wickenburg Sun) In our market today it’s hard to understand all the different terminology for homes being sold. W...

A short sale followed by bankruptcy Questions about a short sale followed by bankruptcy? Learn more about your personal finance optio...

Short Sale Taxes? Is your short sale coming back to haunt you? There was a story tonight on the Consumer Watch segment of www.CBS5.com news.  (Link to Short Sel...

(AFX UK Focus) 2010-03-09 22:04 BRIEF-US SEC quells rumor of short sale curbs... WASHINGTON, March 9 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday:

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