Kevin Vitali- Massachusetts Sort Sale Realtor closes on another short sale. The condo was located in Haverhill Massachusetts and had a first and second lien from Eastern Bank as well as MassHousing and the city of Haverhill. Eastern Bank was wonderful to deal with and the deal closed successfully despite 4 separate liens on the property. Why is a short sale beneficial to a homeowner? Potential to avoid the deficiency judgement Potential to receive a small relocation fee from the … Continue reading...
Recent Massachusetts Short Sales Closed
Local Massachusetts Short Sale Agent, Kevin Vitali has more short sales closed recently!! Haverhill MA Short Sales Closed 108 Perkins Court, Haverhill MA 01832- West Meadow Hills Condominiums- Sold for $180,000 96 Summer Street Haverhill MA 01832- Captain Haselton House Condominiums Chelmsford MA Short Sale Closed- 12 Muriel Drive, Chelmsford MA 01824- Sold for $294,000 Lowell MA Short Sale Closed- 74-76 West Forest Street Lowell MA 01852- Sold For … Continue reading...
Lowell MA Short Sale Sold- 74-76 West Forest Street, MLS#71150758
Another Lowell Massachusetts Short Sale Sold!! 74-76 West Forest Street, Lowell MA 01851- My short sale team has successfully closed another Lowell MA Short Sale. If you live in Lowell Massachusetts or any where through out the Merrimack Valley call an agent that has closed numerous short sale transactions. [idx-listings city="Lowell" propertytypes="157" orderby="DateAdded" orderdir="DESC" count="15"] If you are a Massachusetts homeowner that has missed mortgage payments, or facing … Continue reading...
The Short Sale Hardship Letter for Massachusetts Short Sales
One of the vital pieces the banks are looking for in a short sale is the financial hardship. You will be asked to submit a hardship letter. I have a format that I use for all of my short sale sellers. Remember to keep in simple!! The short sale hardship letter should be neatly handwritten and reduced to less than one page. Bear in mind the short sale negotiator is working on hundreds of files and don't want to be reading page after page of why you can no longer make your mortgage … Continue reading...
The Strategic Short Sale
With almost 23% of the homes in a negative equity position nationwide, it leaves many homeowners that are not in a financial hardship wondering why they are paying on a home that is worth significantly less money than what is owed on it. Some homeowners are deciding to walk away from their homes. When a homeowner makes a decision to stop paying their mortgage without a financial hardship and let the bank foreclose or do a strategic short sale, this is called a strategic … Continue reading...
