So quite simply, a short sale in real estate occurs when a property has NEGATIVE EQUITY, and usually for a short sale to be approved, a homeowner has to have a hardship.
Maryann Little from Short Sale Mitigation explains how one property came to her with 7 liens, including 3 undischarged mortgages, welfare liens, executions and all was cleared and approved for an amazing Plaistow NH homeowner had struggled since she had lost her husband. http://massachusettslossmitigation – our Realtor Site http://shortsalemitigation.net – our homeowner site 500 West […]
I’m so happy to announce that we can update my previous post. We were doing a short sale negotiation with Carrington as the servicer. When we pulled title, there was a Ditech second mortgage on title that had been DISCHARGED two years earlier. We contacted Ditech to ask them if they were planning on recording […]
CLOSED Whitman MA Short Sale with 21st Mortgage From submission to approval 67 days!! Yes, this was a great Massachusetts short sale with a smaller servicer. Massachusetts short sales are still hot and there are still many of them. Homeowners in Massachusetts are still seeing an increased default and foreclosure rate. If you are looking […]
Short Sale Mitigation Massachusetts Short Sale Negotiator CLOSED North Andover Condo I’ve gotten away from publishing every closing. We are so busy we don’t have the time, but I need to recognize Lisa Johnson Sevajian on this sale. She really stuck with it. We were on our third buyer and finally got approval when there […]
Nick and Maryann Teach Short Sale Negotiator Class, Concord MA Keller Williams We are so grateful to the Keller Williams Concord, MA team for their kindness. We were welcomed to a team of extremely knowledgeable and thoughtful agents. We are also grateful to Anita Hill for providing the CEU’s to the agents. They sat through […]
Why Ocwen HAFA Short Sales WASTE TIME in Massachusetts! My favorite line when I speak to a new homeowner is to state there is nothing short about applying for a short sale. Short sales are LONG!! They are paperwork heavy. They are tedious and many lenders just restart, and restart the process (Chase) and even […]
Acceptable Massachusetts Short Sale hardships Want to understand a little bit more about what lenders look for to approve Massachusetts short sales? See my new video below
Massachusetts Short Sales – Your Bank Statements and Pay stubs Pay attention to your Massachusetts short sale when you are sending in your documentation, ESPECIALLY your bank statements and pay stubs!!
Why are we so good at Short Sale Negotiation in Massachusetts and New Hampshire??? Because we KNOW the forms you need! Massachusetts Short Sale Difference between RMA form and UBA form for your Financials So what’s the difference between all the financial forms from your lender?!?!? This quick video will show you the two major […]