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Westlake Short Sales: What is a BPO?
Westlake Short Sales: What is a BPO? Elyria OH – If you have been reading about short sales, then you have probably heard the term "BPO" and wondered what it meant. BPO stands for Broker's Price Opinion. A Broker's Price Opinion Read More...
Westlake Short Sales: Why Should I Pay Double For My Home?
Elyria OH – The Stop Foreclosure Institute recently received a question from Luis. Here is Luis's Question. "I am working on a loan modification on my home. I just don’t want to be upside down and want a fair interest rate. Why should Read More...
Does My Elyria Short Sale Have To Be Approved Before I Put It Up For Sale?
Elyria OH – We often get asked if a short sale is even worth the effort. “Do I need to have my short sale “Approved” by my lender before I put my home on the market?” one seller asked us. “When I called my lender they Read More...
How To Convince A Lender To Waive A Promissory Note for Westlake Short Sale
Convince Your Lender To Waive A Promissory Note for Your Westlake Short Sale Elyria OH – Some lenders are very stubborn about collecting what they feel they are “rightfully owed.” These lenders are usually a lender that you originally Read More...
What to Expect During and After a Westlake OH Short Sale
What you can expect during and after the Westlake OH Short Sale Process... Elyria OH – Here are a few things you should not be surprised to see crop up during the short sale process. Unscruplous Debt Collection Tactics. If you are facing financial Read More...
What if Buyer walks during a Westlake Short Sale?
Elyria OH – Short Sales can be frustrating. It can take a long time for the lender to process everything and finally give the buyer an answer on their offer. Oftentimes, by the time the lender makes a decision, the buyer has gotten impatient and Read More...
Who's in charge during a Westlake Short Sale?
Elyria OH – Many home buyers think that the short sale lender is in charge during a short sale. Nothing could be further from the truth. The short sale lender can only veto short sale offers. They can’t put the property up for sale or decide Read More...
Westlake Short Sales: Why Should I Short Sale?
Westlake Short Sales: Why Should I Short Sale? Westlake OH – We often get asked if a short sale is even worth the effort. “Why don’t I just let the bank have the property”, sellers tell us. “I don’t ever think I’ll Read More...
How Foreclosed House Effects Neighborhood
Elyria Short Sales: What does letting a house go into foreclosure do to the neighborhood? Elyria OH – The Stop Foreclosure Institute recently received a question from Werner. “I am behind on my payments and thinking of just letting my home Read More...
Elyria Short Sales: Renters trashed my house. What should I do?
Elyria Short Sales: Renters trashed my house. What should I do? Elyria OH – The Stop Foreclosure Institute recently received a question from Richard. “I accepted a job transfer and had to move. Unfortunately we were upside down on the house. Read More...
Update on FHA Changes for Homebuyers
FHA Changes for Homebuyers FHA Changes . .Effective date April 5, 2010 – . . . Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the Office of Housing and Urban Development (HUD) implements Read More...