Top 5 of 10 thoughts about Short Sales & how we think sometimes...part 2

By
Real Estate Agent with At Home Real Estate Group
http://actvra.in/7s8

These are not in order of what people think but I bet when you read the following 5 of 10 statements about short sales & foreclosures that you will SO SO recognize some of these.man thinking

  • I know at least 5 people that have bought & bailed, is it REALLY illegal?  It is illegal (but I am not an attorney).  Try not to judge people because we don't always know their exact personal situation & if that is what they really did.

 

  • Why am I the last person of ALL my friends to let my house foreclose or do a short sale?  You're not the last one, it may just feel like that.

 

  • I have tried at least 3 times to get my lender to modify my loan but they won't do it. (not fair)  I say try again.  Patience is a virtue & sometimes lender's will change their internal requirements & not really tell us customers about their new "rules".

 

  •  I don't have a hardship, why would the bank let me short sale my home?  Believe it or not, I have heard of people short saleing their home without a hardship.  Remember, what is a hardship to one family might not be a hardship to another one.
  • Why can't my lender just sell me back my own house for what it's worth now? I think that is truly what a wonderful loan modification is.  If you never ask your lender, they will NEVER say yes. 
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    Topic:
    Home Selling
    Groups:
    Advice for Sellers
    California Short Sales, REO's, and Foreclosures
    Foreclosures & Short Sales
    Short Sale Specialists & Pre-Foreclosure Education
    WeBlog Anything (almost)!
    Tags:
    short sale
    foreclosure and short sale
    top 5 of 10 short sale statements

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    Rainmaker
    187,912
    Christina ONeal
    Realtor - Ripon California
    At Home Real Estate Group

    Edward & Celia... Thank you for stopping by.  It was fun to write this one :)

    Jennifer... That is so cool that you have a pug dog from my town.  Does your dog have a birth certificate?  That is so neat :)

    Ellie... I agree 100%

    Marte... Oh man Marte, that is the million dollar question right now.  I wonder.  I just keep getting better at this type of market.  I need to sharpen my skills on equity sellers, I'm sure they are coming back in full force someday, maybe 15 years from now? hee hee  ... Seriously, I hope it changes back soon. :)

    Jack... Thank you for your compliments always.  I miss your writings!!! When are you writing a blog post?  When are we having lunch deary??????? I'm making my market for sure :)

    March 22, 2011 12:34 AM
    Ambassador
    395,521
    Susan Goulding
    Northern CA - Tracy & Mountain House Real Estate
    Crown Key Realty, Tracy & Mountain House Real Estate

    Why am I last?  oh yeah I'm waiting for......

    March 23, 2011 08:34 PM
    Rainmaker
    187,912
    Christina ONeal
    Realtor - Ripon California
    At Home Real Estate Group

    Susan... yep, that's another one too :)

    March 24, 2011 09:12 AM
    Rainmaker
    314,400
    Dave Halpern
    Louisville Short Sale Expert
    Keller Williams Realty Louisville East (502) 664-7827

    Regarding the loan modifications, there is a reason many analysts have declared HAMP a failure.

    April 20, 2011 05:13 PM
    Rainmaker
    187,912
    Christina ONeal
    Realtor - Ripon California
    At Home Real Estate Group

    Dave... Thanks for stopping by.  it's a crazy industry, that's for sure :)

    April 21, 2011 09:39 AM
    Anonymous
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    Rainmaker
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    Christina ONeal

    Realtor - Ripon California
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