Tag Archive

There is No Such Thing as an APPROVED SHORT SALE in Massachusetts or New Hampshire

Published on August 19, 2014 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

There is No Such Thing as an APPROVED SHORT SALE in Massachusetts or New Hampshire Ok, let me explain before everyone goes into panic mode. Yes you can have an approved short sale in Massachusetts or New Hampshire. We have hundreds of approvals in both states. An APPROVED short sale means there is a contract […]

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 […]

You cannot negotiate a short sale PERIOD without being compliant with new laws!

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

I’ve spoken to quite a few of the Realtors that refer to us and there are so many that were unaware at how this affected them. Let me preface this blog by stating I’m not a lawyer, but I’ve spoken with 3 independent attorneys in the last month all who have reviewed the MARS FTC ruling and the ONLY EXEMPTIONS are for attorneys (in particular cases) and even attorneys negotiating short sales have to make some changes. I have YET to see New Hampshire or Massachusetts come forward with a public statement OR any assistance with forms. Considering the extremely conservative approach New Hampshire took with their bulletin on the SAFE act, I’m shocked they weren’t on top of the MARS FTC compliance issues. NAR, MAR and NHAR seem to be asleep on this subject.

What are your RISKS in a Massachusetts or New Hampshire Short Sale

Published on October 6, 2010 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Homeowner should know the risks of a potential “traditional” short sale. There is a new type of short sale called a HAFA short sale that has other risks all together, so for today, our focus is the traditional short sale.

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