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Technical…Practical…Theoretically Interesting....Understand the HAFA Short Sale
Understanding The HAFA Short Sale The HAFA is a government sponsored program effective form April 2010, through December 31st 2015. HAFA short sale program has been introduced to provide the relief to short sellers. HAFA short sale program promise the approval of a...
FHA Short Sale | FHA Short Sale Guidelines |FHA Short Sale Process
**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. The information found on this page is for educational and convenience purposes only. The information...
Types of Short Sale Programs
There are different types of short sale programs from which you can choose best suited for you. Choosing a short sale program is really critical because selection of wrong program will not only cause the rejection of short sale, but also will waste your time money and...
How to ensure the closing of a short sale?
Ensure The Closing Of A Short Sale Short is sale is a time taking and stressful process. It requires you to be patient and keep going through the process of short sale. There are a number of factors that can fail short sale. Closing a short sale successfully requires...
Short Sale Alternates for Homes worth Less than the Mortgage
Short Sale Alternates for Homes worth Less than the Mortgage If you are running from financial crises and unable to pay your mortgage, you may opt for short sale. Short sale is considered a better alternate to foreclosure and bankruptcy. There are a number of...
What A Buyer and Short Sale Agent Can Do Buying a Short Sale?
What A Buyer And Short Sale Agent Can Do Buying A Short Sale? Buying a short sale home the first time may be very frustrating and irritating if you are not familiar with the process of buying a short sale home. It feels like the every home that is listed in the short...
What Are My Options if a Lender Rejects a Short Sale?
Options If The Lender Rejects A Short Sale If you are running through financial crises and unable to pay the mortgage, there are two options available. First, the short sale and second is foreclosure. Foreclosure is really hard to go with, but a short sale little bit...
How Banks Evaluate Home When Approving A Short Sale?
How Banks Evaluate Home When Approving A Short Sale? Banks want to understand two things when accepting lesser amount than owed on the property. First, they want to make sure they are being taken advantage and the second, they want to know what they could sell the...
Things To Avoid Writing A Short Sale Hardship Letter
The approval and rejection of short sale proposal mainly depends on the level of hardship letter. A perfectly written hardship letter can help get short sale approved. Hardship letter along other documents is required to be submitted to the bank. In Short Sale...
Major Misconceptions about a Short Sale
Misconceptions about a Short Sale There are a number of misconceptions about a short sale in the real estate industry. There is no doubt the short sale is not an easy task to do, it requires a lot of experience and skills to be accomplished. Some people will tell you...