Tag Archive

Methuen Massachusetts SHORT SALE – CLOSED!

Published on December 31, 2012 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Need to give a shout out once again to Lisa Sevajian Johnson!  This was a quick short sale, but definitely not without a few headaches.  Let me just say I like working with NH Housing rather than MA Housing. They actually perform their short sales very similar and MOST loans have PMI on them, which […]

Done! We closed a Boxford Massachusetts Short Sale coupled by Bankruptcy!

Published on November 25, 2012 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Another beautiful short sale home CLOSED with Lisa Sevajian Johnson of Re/Max in Boxford, Massachusetts.  After the first buyer dropped out and the homeowner filed bankruptcy, we weren’t sure how this short sale would play out, but the sheer endurance of Lisa and the patience of the new buyers represented by Dennis Marks out of […]

It’s a Short Sale People. STOP TREATING IT LIKE AN REO!!! New Hampshire Massachusetts Short Sale

Published on October 1, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

It’s been a crazy week for us.  We had three closings, a lot of scrambling, driving and then two listings came in today that we assigned out to the Realtors we work with.  (Side note: Congrats Cheryl Dwyer on Cohasset!) On occasion, we have a homeowner call us that lives in an area that we […]

Should you hire a 3rd party short sale negotiator? Processor? Massachusetts New Hampshire

Published on April 15, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Should you Hire a 3rd party short sale Negotiator? Massachusetts EXPERT – It’s often I see that term used to describe someone involved in short sales.  It’s pretty scary.  I’ve seen it as a designation for many agents after a weekend course.  I can tell you without a shadow of a doubt NO ONE is […]

Why Investors are Helping in the Cleanup of the Housing Crisis.

Published on March 25, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

The truth of the matter is there is very little short sale fraud. The FBI has published that there are no solid numbers on short sale fraud (“As such, the extent of short sale fraud nationwide is unknown” http://www.fbi.gov/stats-services/publications/mortgage-fraud-2009) – According to the Corelogic (a company that sells mortgage fraud software) it’s estimated that short sale fraud is 2% of overall mortgage fraud. So every time you see an article with the words fraud, scammers, floppers, etc., remind yourself that only and ESTIMATED 2% of overall mortgage fraud is a short sale transaction

Deficiency vs. Deficiency Judgment in Short Sales and Foreclosures for New Hampshire and Massachusetts Homeowners

Published on October 15, 2010 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

People misunderstand the terms deficiency and deficiency judgment when explaining the risks in short sales or foreclosure actions. It is easy to do. Short sales and foreclosures are confusing for most homeowners. Even after explaining the potential outcomes of a short sale or foreclosure in Massachusetts or New Hampshire, homeowners still are overwhelmed.

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