5 Reasons Why 2015 Is the Time For A Short Sale of Your Santa Maria, CA Home California Senate Bill 931 (SB 931) – This requires that first mortgage lenders forgive the deficiency when they accept a short sale on…
Still Need A Short Sale? Do you still need a short sale? The recent increase in home prices in the Santa Maria CA and Orcutt CA has given hope to many homeowners who were stuck hopelessly underwater in their…
Santa Maria CA Short Sales - Divorce, Unemployment & Job Transfers Divorce, unemployment and distant job transfers continue to be strong motivators for short sales. Often homeowners apply for a loan modification before they come to my office for a…
Will Short Sales Be Pushed Off the Fiscal Cliff? We can’t seem to hear enough about the fiscal cliff these days. Undoubtedly, the decision to extend the Mortgage Forgiveness Debt Relief Act is bound up in the logjam of the…
Will My Bank Pay Me Cash to Do A Short Sale? Short Sale Seller Relocation Incentive Information The short answer is maybe. Most of the major lenders do offer seller relocation incentives on at least some of their short sale files.…
Two Loans with Two Lenders: Short Sale Closed with Bank of America & Greentree Servicing This was a pretty difficult short sale, but we got it closed. Short sales with two different lenders can be tricky and time consuming. Often…
5 Fun Facts About Fannie Mae Short Sales Is there anything fun about short sales? Well probably not a lot. But certainly, they are more fun when they are approved quickly. Some of my favorite short sales have been on…
Two Lenders - Bank of America and GMAC - Another Successfully Closed Short Sale! This BofA and GMAC short sale took about 67 days for short sale approval. It could have been a lot quicker but there were a few…
Is Bank of America Still Terrible at Short Sales?I would have to reluctantly say no. Bank of America is no longer terrible at short sales. This coming year will mark four years since my first Bank of America short sale,…
Who Put the Shame in Short Sale? Even though the “Lesser Depression” is in full swing and the Housing Bust is old news, I still occasionally run into the sentiment that short sales are shameful. Why? Is this a…
Touch to Call