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What the Bank’s Appraiser Doesn’t See — and Why We Send Our Own
The bank’s appraisal doesn’t always capture the full condition of a home. Here’s how we get ahead of it with a contractor and a building engineer. Lenders send their own appraiser to evaluate a short sale property once the bank accepts the negotiation package — but that assessment doesn’t always capture the full condition of…
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Who’s Really on Your Side During a Short Sale Negotiation?
Buyers, negotiators, lenders, servicers — a short sale involves more parties than most homeowners expect. Here’s who’s who, and who’s in your corner. Buyers, buyer’s negotiators, lenders, servicers — a short sale involves more parties than most homeowners expect, and it’s easy to lose track of who’s actually representing your interests throughout the process. Understanding…
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Tenants, Auctions, and Deadlines: Short Sales Under Pressure
Tenants in place, an auction date on the calendar — these complications don’t take a case off the table. Here’s what to have ready when time is tight. A property with tenants in place or a foreclosure auction date already on the calendar feels like a lost cause to most homeowners. It isn’t. These are…
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Can a Homeowner Get Paid to Leave Their Home?
Learn more about relocation assistance and why you won’t get it if you don’t ask for it. Relocation assistance at closing is real, and most homeowners don’t know to ask for it. When a short sale closes, there’s often room to negotiate funds that go directly to the homeowner to help cover moving costs, a…
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The Deficiency Judgment Nobody Warns You About
If a home sells for less than what’s owed, can the bank still come after the difference? Here’s how a short sale is structured to close out that risk. If a home sells for less than what’s owed, can the bank still come after the homeowner for the difference? This is one of the most…
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Short Sale vs. Foreclosure: What a Credit Report Actually Sees
How a completed short sale compares to a foreclosure on a credit report — and why the difference matters most when a homeowner is ready to buy again. Both a short sale and a foreclosure will show up on a credit report — but not equally, and not for the same reasons. This edition breaks…
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When Mortgage Payments Fall Behind
Whether you’re navigating this yourself or have a client facing it, here’s the timeline we walk every homeowner through when they fall behind on payments — and why reaching out early changes what’s possible. Missing a mortgage payment doesn’t trigger foreclosure overnight — but it starts a clock most homeowners don’t fully understand. Lenders typically…