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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
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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
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How Much Do You Charge For A Short Sale in Northern Ohio? Elyria OH – We recently received a question from Tawny. Here is Tawny's Question. "I have not been late on any payments but my income will be changing dramatically towards the end
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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
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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
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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
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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
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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.
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Westlake OH - "I can't process this short sale without the TPS form filled out with the seller's full name", the short sale negotiator told him. "But, based on my calculations, this short sale will help your company avoid a $17,000
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Westlake OH - Should you walk away or should you stay? Here is how to determine whether or not you should walk away from your home. Because of the decline in the nationwide housing market, I doubt that your home is worth what you paid for it. Discover
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Oberlin: Reminder from Santa’s Elves Santa’s elves want you to know on Friday, November 26 th at 6:30pm Santa will be on the corner of East College & Main, right in front of the Oberlin Inn. Come early to shop the locally owned Oberlin
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Are You Ready for Black Friday Sales? So you don’t miss the great Black Friday Sales – here are the Black Friday Ads to jump start your holiday shopping: BestBuy opens at 5:00am Dick’s opens at 5:00am Gander Mountain opens at 6:00am
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Westlake Short Sales: Who Benefits from an Ohio Short Sale? Westlake OH - First, it benefits the owner of the loan. This is because they get to sell the house at today's price, versus what it will be worth 6-12 months down the road. I just did a comparison
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Westlake Short Sales: How Short Sales Help the Economy Westlake OH - A recent study by Boston Consulting Group showed that a lender will net 20% more money on a short sale versus a foreclosure. Discover how other sellers successfully did a short sale
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BIG Change for FHA Buyers The following is the change that will take place on and after Sept. 7 th 1.) Upfront MI to be decreased from 2.25% to 1.25% 2.) Annual MI to increase as follows; (Keep in mind the present annual MI premium is .55% for LTV’s
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