Real Estate Westlake, Elyria, Avon, Ridgeville, OH

Westlake Short Sales: What is a BPO and why does it matter on a short sale? Elyria OH – Some agents hate short sales. Why?    Because they don't understand them. So, don't believe them when they tell you that short sales are impossible. I will explain what causes their problems in today's post.   There ...

Request a FREE list.   Over 240 Foreclosed and Pre-Foreclosure homes in Lorain County priced from $10,000 to $575,000.  .  .No Obligation.  Distressed Sellers of Lorain County Need to Sell All Prices in Lorain CoForeclosed Homes, Bank Owned homes, Short Sales – Some Great Bargains!See them all. Stay ...

What You Should Look For In A Buyer Of Your Westlake Short Sale Property Elyria OH – Short Sales can be tough. Many buyers don't understand the process and think that since it is a buyer's market, then they set the rules. That's not the case.   You, the seller set the rules. After all, you still own the property. But, ...

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. ...

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 ...

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 ...

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 ...

Desperate Lenders Will Accept Any Offer?   Elyria OH – Have you heard the following myths about short sales? Myth #1: You can buy short sales for dirt cheap and then turn around and resell them for a profit. Myth #2: Foreclosures, Short Sales, and Bank Owned Homes can be bought for 30 to 50 cents on the dollar with no money ...

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 ...

Elyria OH – A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home. We gave them the normal answer: “It’s much better for your credit.” That was the first thing that popped into our head.   But, I knew there ...