Visit my site Massachusetts Short Sales . info to read the article I wrote on how Stopping a Foreclosure Auction with a Short Sale. Short sales have many benefits to home owners. One such benefit is if we are currently…
I must start out by first saying that I am not a bankruptcy attorney and by no means an expert. I am writing this post from the standpoint of being a Massachusetts Short Sale Realtor and what I have experienced. …
The effects of a Short Sale on Credit Scores Unfortunately a short sale may effect your credit scores. Make no mistake, the “ding” to your credit score can be very minimal (50 points) to much higher (150 points or more). …
One big question I am asked when meeting with potential Massachusetts Short Sale sellers, is if they “should stay in the home or move immediately during the short sale process?” The answer to this question is of course is very…
We hear the term deficiency balance, when we are talking about Massachusetts Short Sales or Foreclosures. It is the biggest concern for a home owners going through a short sale or facing a foreclosure. What is a deficiency balance? A…
This questions was just asked on Trulia, “I am interested in a short sale property which has been on the market for 2 years. How low is to low of an offer?” I thought it was a great question, as…
A common concern for many upside down homeowners in Massachusetts that are considering a short sale is….. Who pays the fees associated with the short sale, including Realtor Commission and Attorneys Fees? It may vary depending on who you use…
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…
As a Massachusetts Realtor who has assisted many home owners with short sales over the past few years, I would like to impart a little wisdom to homeowners that are facing foreclosure. Options to Foreclosure The first piece of advice…
I have been doing short sales now in Massachusetts for several years. Invariably, I have investors that put in very offers insisting that they negotiate the short sales themselves. If they do offer a number we can live with, they…
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