Short Sale: The Basics

[dustinrmiller]

Good stuff guys. Times are a changing. Once 2012 ends and HAFA is gone things are not going to be quite as good for homeowners in my opinion

[evans4you]

what is a short sale?

[WRENonline]

@evans4you There are a few videos on our site describing in depth what short sales are, the benefits, government's role, and state wide allocation of funds. WRENonline

[simplelistingsystem]

Great stuff! Keep it up.

[TroyFunkTeam]

As a Short Sale Realtor serving Sarasota County in Southwest Florida, I appreciate the honest portrayal and information in this video.

[powerstuffup]

So don’t foreclosure, don’t shortsale, Save Your Home!

Lets unite and bug, bug, bug the banks (lenders) to help save your home!

Please help forward this maybe we can make a difference.

[powerstuffup]

Its ridiculous Banks prefer loose so much, rather than a little with there good old customers.

Example: Say your paying 2,350 a month. Your balance is $400,000 -(wave) $50,000= (new balance) 350,000 x (interest) 4.? So if u payed 2,350 a month > now your new payment is around $1,575

[powerstuffup]

Hey I have a medicine for crisis economy No More forecloses, short sales, or modification. Let’s work together… Banks (Lenders) don’t lose your customers! Call them and make them an offer wave 50 to 60 thousand off from there original balance. Customers become motivated to keep there homes. Home owners (customers) don’t loose your homes, call your bank ask for a 50 to 60 thousand wave in your original balance.

[wackywireless]

Remember there are a few refinance loan programs that can still help underwater homeowners. Streamline's IRRL require no appraisal and on Fannie Mae DuRefi plus, I do occasionally get appraisal waivers. There are a few other solutions, but I don't want to go on and on. Short Sales will hurt your credit big time, BUT, sometimes that is all you can do.

[Michshnly]

Ha ha ha…..Short sales waste of time!!!!!!!!!!!