short sale secrets

[renoshortsale]

great advice. we are seeing some really good short sale deals in reno...

[arboledaj]

This makes a lot of sense. The area that is not covered is what happens to the balance of the loan. Can the lending institute require you to pay off the balance?????

[justinp1964]

Great info but the secret to getting a short sale approved is making the servicer aware of ALL OF THE RESPA TILA & and SEC violations that exist with the loan. In many cases they don't even have a legal claim and couldn't prove it if they wanted to. I do forensic audits of mortgages and 100% of my clients are approved for a short sale in less than 90 days....with a deficiency waiver!

[a7d7i7]

what about appreciation in real estate value in nine months

[demolitionbarbiedoll]

Dude! Just a simple question, I came upon a home in Florida that originally went on the market for $149,000.00, now its at short sale for $49,000.00 - what is the guidelines is far as value when making an offer m- would it be smart to ffer 60,000? or more? So you make sure you get the home - or offer lets say, 50,000? Or less?

[paydirt66]

Good video. But, THE FED usually stands for The Federal Reserve. Not the federal government. Because The Federal Reserve is no more federal than Federal Express. It is a private company owned by the ultra wealthy of the world. We pay interest to these people to allow us to print our own money. How messed up is that? Sad to see that nobody in politics has the balls to stand up to these people. Except Ron Paul you never hear anybody saying anything about it.

[chopnchannel]

Which is better for a person trying to buy a house, a short sale or a foreclosure?

Great info by the way!

[vmpbnny]

Very good explanation

[dimondghost]

Good info!