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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 is when a licensed real estate agent gives their opinion of the value of a property. ...
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First Impressions Make or Break a Home Sale in WestlakeWe are getting close to the “HOT” time to sell your home, and as a real estate agent I wanted to bring up a couple “First” impressions that really do make a BIG difference in if you home sellers or not.
#1 Clean the home up
Yes, that might sound simple, though a clean ...
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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 I pay on a mortgage that is twice as much as my home is worth, plus the interest on that ...
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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 of the summer. What is your exact service and what are the fees involved? I ...
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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 wouldn’t talk to me about my short sale. I am concerned that they might do that when I ...
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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 got the loan from. A good example is a credit union loan, or a small community bank. ...
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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 hardship, then paying credit cards and other unsecured debts is your lowest ...
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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 moved on to another property.
Most lender short sale departments are overworked. That is why ...
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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 who to sell it to. Only the home owner can do that. Why is that?
Until the lender ...
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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 be able to fix my credit to be able to buy another house.”
Discover how other ...
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