Massachusetts Loss Mitigation GONE WRONG! Loss Mitigation – most people don’t know really what this term means, but for those who work in Short Sales or in the default department of a bank it’s as familiar as morning coffee. I haven’t posted much this year. We were busy getting our Realtor website for Massachusetts Loss […]
Do not promise your short sale homeowners a moving incentive until we talk to them. Here’s why!
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 […]
Great News for Massachusetts Short Sale Sellers. The Mortgage Debt Relief Act has been EXTENDED! Hot off the press. Senate afirm’s two-year extension for Mortgage Debt Relief Act The Senate Finance Committee voted 23-3 in favor of extending a package of business and individual tax provisions known as “tax extenders,” including one that will ensure […]
Poor valuations PLAGUE the short sale market and unfortunately there is no oversight to this.
Keep in Mind there IS an Owner Occupancy Guideline Dealing With a FHA Short Sale If you have an FHA (HUD insured) mortgage in Massachusetts and are underwater with your loan, you may be looking to sell short. FHA has very specific guidelines as to how you can short sale your property. Their program is […]
CLOSED! Negotiated Spencer Massachusetts Short Sale – Fannie Mae Backed! We are on a roll with Keith Shaw. I can’t even recall how many Massachusetts short sales we close with him over the last few months. He did a great job on the sale. Absolutely amazing. This was a one mortgage Lien property with executions. […]
CLOSED! Framingham Massachusetts Short Sale FANNIE MAE BACKED! Once again I have to give a shout out to Keith Shaw. Keith is out of Keller Williams and we started to work together last year. We’ve done several Massachusetts Short Sales together, but I think this MAY have been the longest and toughest one. This property […]
CLOSED Hanson, Massachusetts Short Sale with Cheryl Dwyer! I’ve officially lost count of how many #shortsales in #Massachusetts we’ve closed with Cheryl Dwyer as the listing agent. She is a rock star in the short sale world and this one was no exception, nor was it easy or quick. This was an FHA sale which […]
A Short Sale Property with over 1.2 Million in Property Attachments and Liens on title SOLD! We’ve completed quite a few short sales with list agent Cheryl Dwyer in Massachusetts. I mean, this sale was initially like any other…well, maybe not. First, the homeowner immediately set the tone by stating he was not filling out […]