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 […]

GREAT DEAL DERRY, New Hampshire Short sale!

Published on June 5, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

Tom McGurk | Weichart Realtors | (603) 944-6564 44 Lawrence Road, Derry, NH You can’t beat this price in Derry! HURRY – AMAZING HOME 3BR/1BA Single Family House offered at $128,000 Year Built 1971 Sq Footage 1,608 Bedrooms 3 Bathrooms 1 full, 0 partial Floors Unspecified Parking 2 Car garage Lot Size 75,359 sqft HOA/Maint […]

Super Fast APPROVALS!!!

Published on April 7, 2011 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

AHMSI –  We submitted a deal to AHMSI.  Property list price $279,000 – Offer $267,00 – NET TO AHMSI $244,000 – The approval came back in 5 days.  Now before become bug eyed, you should know we had a previous offer on the table, buyer walked, relisted property.  SO BPO was done already, however on […]

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.

Should homeowners participate in a HAFA short sale in Massachusetts or New Hampshire?

Published on October 8, 2010 By Maryann Little VP Mitigation - Short Sales Massachusetts New Hampshire

SECOND lenders do not have to participate in the HAFA program so even though it’s Chase or Wells or whoever the second lender is and they independently participate in the HAFA program as a second lender on the property they do not have to comply with the HAFA program. The agent’s going into these short sales didn’t realize that. Not only were the agent’s furious about the homeowners, the lenders in both cases CUT the commission to get an approval. Imagine that? A short sale lender cutting an agent’s commission? Well THERE’S something you don’t see every day right? WRONG!!

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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