Posts Tagged ‘short sale lenders’
Wells Fargo Makes Short Sales More Difficult
Well, as surprised as I am, Chase has been kicked from the number one spot on my least favorite short sale lender list (but it is still a close second), making room for the new #1: Wells Fargo. I work with many short sale buyers and sellers – some say I’m nuts to do so,…
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Increase Your Chances of Short Sale Offer Approval
Buyers often ask me what they can do to assure their short sale offers are accepted. While for the most part we are at the mercy of the lenders when it comes to short sales, there actually are ways to increase the likelihood of getting that priceless lender approval letter. The simple answer is to…
Read MoreWhat DO Lenders Want?
It has been a month and I have yet to hear from three lenders on approval of three short sale offers. While I know a month is not long comparatively speaking, my frustration grows on behalf of my buyers, who are all well-qualified and ready to open escrow. Amidst all the news that short sales…
Read MoreWhat Every Short Sale Buyer Should Know
As many people are aware, short sales are not going away any time soon, and they often present the opportunity to purchase desirable properties at prices below comparables – not such great news for the neighbors, but a blessing for buyers. If you are a buyer considering purchasing a short sale, or if you know…
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