Short sale negotiations are not well known for being easy, and that's why it is such a tricky niche, but knowing a simple truth about banks...
Short sale transactions can be a frustrating process, but you can win the game by anticipating all of the possible moves on the board.
Short sales can be frustrating, especially with gatekeepers in the way, but with a little savvy, you can navigate your way more effectively through any transaction.
This year, short sales are taking less and less time, getting a fast short sale approval is more likely, and here are some ways to ensure...
There are so many little details that need to be considered when you are processing a short sale. Don't forget to ask for help and support,...
Non-Institutional Liens One of the issues that often comes up in the short sale is the issue of non-institutional liens (i.e., liens that are not mortgages)....
It has probably happened to you before. In fact, it’s pretty common. The short sale negotiation process goes on too long, the short sale contract wasn’t airtight,...
As part of the short sale process, short sale lenders conduct appraisals or Broker Price Opinions (BPOs) on the subject properties. In the wild world of...
I’m a little bit embarrassed to admit to this, but during my daily drives to and from the office (about 25-30 minutes each day), I listened...
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...
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...
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...
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...
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...
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,...
Buyers and Short Sales If I had a dollar for every short sale transaction that didn’t close on time, I’d be rich. Rich, I say. I’d...
Dealing with the Second Lien Holder At my speaking engagement last week in San Marcos, California, one of the Realtors® asked me to share my experiences...
I recently conducted a short sale workshop at a local Realtor® board. There were 120 registrants; the room capacity was 100, and only fifty people showed....
Does the mortgage lender really care? As the owner of a local real estate brokerage and affiliated third party short sale negotiation company, I have seen...
Tough Real Estate Transactions Have you ever had a transaction that sucks all of your time and physically drains you? I’ve had a few of those....
Understand the types of buyer financing A Realtor® friend of mine called the other day to discuss a dilemma surrounding her short sale listing. In her...
Learn about investors I’ve been known to say that after you negotiate a few hundred short sale transactions, you really know and understand more about the...
I have a confession to make. I lost my cool the other day when I was calling a short sale lender. I probably hadn’t lost my...
The short sale process at Chase Bank When you process and negotiate short sales en masse like I do, you begin to notice specific trends. Usually...
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