In the latest numbers released by the National Association Of Realtors, nearly half (45%) of all homes sold were either short sales or bank owned properties. Do you think that there is any chance that 45% of licensed Realtors have the requisite training and experience necessary to expertly execute short sales? Scary thought isn’t it. [...]
What is all the fuss about short sales? Everywhere you turn, there is another seminar, another guru, or another boot camp all teaching the same thing. Can so many people be right? How many different ways can there be to do the same thing? Folks, believe it or not, there are not one hundred different [...]
Short Sale Tip #2: The Letter of Authorization..commonly referred to as the LOA, Before you can even begin the short sale process, you will need to be given written authority to do so by the homeowner / borrower. Without having this document you can not even begin your short sale process. Simply put…no LOA..no short [...]
Although all lenders have varying requirements and may demand that a borrower submit a wide array of documentation, there are 10 Essential Elements of A Short Sale Package.
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