Do Your Homework Lately, I’ve been plagued by issues with short sales that could have easily been resolved had the buyer’s agent done his (or her)...
Admit it. You probably never used the word escalate before we ventured into our most recent stint with distressed properties. Now, the word escalate takes on...
Sometimes I sit back at the end of a day or a week and I think, “What happened? When did I get so busy? When did...
More and more servicers are now using the online platform, Equator, to process short sales. Wells Fargo, Nationstar, GMAC, and Service One are all over Equator....
How to Deal with Multiple Liens The short sale has always been a tricky transaction. It’s a challenge to obtain the required paperwork from the seller....
A successful short sale closing is like a recipe for mole poblano. Are you familiar with mole poblano? It’s a chocolate-tinged sauce made famous in the colonial days in Mexico...
Inaccurate calculations can cost big bucks Everyone already knows that one of my favorite topics is short sales. In fact, my son says that I use...
Does Drama Have a Place in Short Sale Negotiations? I’m a little bit embarrassed to admit it, but one of those Kardashian reality television shows was...
Sometimes I hear stories about stuff going on in the field of real estate and I think, “You can’t make this stuff up. Even if you...
Unless you’ve gotten your client involved in one of those pre-approved short sale programs where they bank has already given you a pre-approved purchase price, the...
Wells Fargo now uses Equator A little over a month ago, Wells Fargo officially announced that it was joining the list of servicers that use Equator...
I recently received an email from a short sale seller in Massachusetts and she had a very good question. In a nutshell, she has her home listed as a...
Short Sale Package Preparation Short Sale Package preparation is very time consuming and very frustrating as well. And, it is extemely common for a real estate agent...
People say that I have a shoe fetish. I’ve even been accused of that fetish by folks who read my articles regularly. Yes, I’m a girl that...
Latest Short Sale News A couple of pretty exciting things happened in the short sale world over the last few days. For one, the FTC issued...
Unhappy campers working short sales Agents, home sellers, and homebuyers continually complain about their short sale transactions. It’s no surprise to me when I receive emails...
Do time frames matter? I received an email from an agent struggling with her HAFA short sale. Troubles with a short sale (a HAFA one, or...
The ABCs of the Release of Deficiency When I checked my email the other day morning, I had an email from a Realtor® friend who had...
How to Be Productive I’ve recently had some trouble with one of our short sale closings. The approval letters had been obtained (for the fifth or...
How to Avoid Short Sale Trouble Have you ever seen The Music Man? If so, than you may remember the lyrics “Ya got trouble, my friend,...
In the state of California, we have all sorts of rules and forms that we can use for our short sale transactions—making it a little bit...
An agent recently called me to discuss the tax implications of a short sale. He said that his seller was concerned about both the tax implications...
Short Sale Incentive Programs Okay, for those of you naysayers who avoid short sales like the Plague, I think it is possible that now might finally...
I heard on some radio advertisement that a camel can spit with extreme accuracy to a distance of 35 meters. 35 meters! That’s really far. I...
It seems that everyone always complains about the mortgage lenders and complains that they are the reason that short sales do not close. You can read...
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