Paul Nelson's (paulenelson) Blog

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Real Estate Agent - Paul E. Nelson Real Estate

ARCHIVED BLOG POSTS

2012 

This guy is behind on payments and upside down. He obviously decided that his best option was to burn the house down. So, he burns the house down. Someone finds out and he is convicted of arson. He is sentenced to prison for 16 years. Right after his sentencing he takes a pill and dies in what lo...
06/29/2012
Bellevue WA – Yes, it is legal for one to place multiple offers on many properties. But, it is also risky. Whenever a short sale is approved the home seller will accept the buyer to actually buy their home. So what happens if two short sales are approved at the same time? See Entire Story 
06/27/2012
Bellevue WA – Bank of America used to be very difficult to work with when people were interested in short selling their homes. This has changed somewhat recently. Bank of America developed a new system which makes the short sale process faster and easier. Click here to discover how other sellers ...
06/26/2012
Bellevue WA – A short sale is a good way to stop worrying about the paying a mortgage you can no longer afford because of a financial hardship. Before you begin with a short sale you might want to understand the how the process works, the legal requirements, and how much it will cost you to short...
06/26/2012
Bellevue WA – A hardship is definitely an adversity. Anything that affects you in a negative way is considered to be a hardship. The only thing is that these hardships have to be explained to your bank. Your hardships have to be explained to the bank in a Hardship Letter. As the name suggests, yo...
06/22/2012
Bellevue WA – Short sales are confusing. Many people do not understand the necessary steps to successfully short sell a home. The first priority is to find an agent with prior short sale experience. The more experience the better. They will know the necessary steps to help you short sale. Click h...
06/22/2012
Bellevue WA – Are you thinking about buying a short sale? Many people would gasp, or look at you sympathetically, if you told them you were buying a short sale. Some of them would probably warn you about the drawbacks of buying a short sale – one of which would be the waiting period for the short...
06/20/2012
Bellevue WA – Many homeowners facing foreclosure come home to find the locks on their doors changed out. They are locked out of their own home. We have seen lenders do this to homeowners who still own and live in their home. In one example, an American Veteran was facing foreclosure. He went to t...
06/19/2012
Bellevue WA – The way that most lenders handle short sales is very weird. They have a strange policy of demanding that all home buyers close on their home purchase within 30 days of them approving the short sale. Click here to discover how other sellers successfully did a short sale and avoided f...
06/19/2012
Bellevue WA – Yes, there is absolutely nothing stopping you from selling your home even if it requires repairs. Some realtors will make an issue out of leaking pipes or other problems. The truth is that the short sale lender doesn’t make a big deal because they know that they have to sell the hom...
06/19/2012
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Paul Nelson

Paul Nelson
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