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 is it When We Remove Payments off the HUD it’s Short Sale Fraud, but when a Lender Forces it, it’s OK? So this got me thinking. Nick and I have always worked to make sure any payments to anyone involved in the short sale transaction are ON THE HUD. We feel squeamish otherwise. I […]
CLOSED – Salem MA SHORT SALE with Bank of America and Greentree This was an investor sale. We have numerous short sale rehabbers, flippers, etc., in Massachusetts who market and then will ask us to negotiate through the mess of the loan. We are very lucky to work with them. The investors that work with […]
Thanks to the diligent work of Lisa Johnson Sevajian of Remax! We have been doing short sale negotiation work for Lisa Sevajian since the beginning of this year and I am always impressed with her professionalism, diligence and problem solving abilities. This property went through two buyers and stalled between US Bank and Freddie Mac […]
There are hundreds of reasons why a short sale may not close. There are far to many variables to list, but one of the biggest qualifiers for me when assessing whether or not we will work with a homeowner is their motivation factor. It’s dooms day in case you haven’t noticed in Massachusetts and New […]
An approval of a short sale actually comes in writing. So unless a previous buyer had come in, put an offer in, got an approval and walked before closing, chances are the SHORT SALE APPROVED on the listing you read just means that the listing price has been approved by the lender.