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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 is when a licensed real estate agent gives their opinion of the value of a property. ...
    Posted to LindaAllison Gray (Weblog) by 191276 on February 17, 2011
  • 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 I pay on a mortgage that is twice as much as my home is worth, plus the interest on that ...
    Posted to LindaAllison Gray (Weblog) by 191276 on February 9, 2011
  • How Much Do You Charge For A Short Sale in Westlake?

    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 of the summer. What is your exact service and what are the fees involved? I ...
    Posted to LindaAllison Gray (Weblog) by 191276 on February 7, 2011
  • 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 wouldn’t talk to me about my short sale. I am concerned that they might do that when I ...
    Posted to LindaAllison Gray (Weblog) by 191276 on February 6, 2011
  • 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 moved on to another property. Most lender short sale departments are overworked. That is why ...
    Posted to LindaAllison Gray (Weblog) by 191276 on February 1, 2011
  • 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 be able to fix my credit to be able to buy another house.” Discover how other ...
    Posted to LindaAllison Gray (Weblog) by 191276 on January 18, 2011
  • 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 go into foreclosure. What does that do to the neighborhood?” he asked. Here is our ...
    Posted to LindaAllison Gray (Weblog) by 191276 on December 17, 2010
  • 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. I decided to rent it out rather than short sale it. The renters just moved out. I just checked ...
    Posted to LindaAllison Gray (Weblog) by 191276 on December 16, 2010
  • Westlake OH Short Sales: Will your short sale be killed by bureaucracy?

    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 loss", he replied.  "So, you're telling me that unless I can get you the ...
    Posted to LindaAllison Gray (Weblog) by 191276 on November 29, 2010
  • Westlake Short Sales: Walk Away or Stay

    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 how other sellers successfully did a short sale and request a free consultation by clicking ...
    Posted to LindaAllison Gray (Weblog) by 191276 on November 26, 2010
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