Articles on sellers of a short sale real estate property:

10 Ways to Get Your Short Sale Rejected: The bank is under no obligation to do a short sale and are not interested in making a short sale a “smooth and trouble-free transaction”.

10 Things To Expect On Getting a Short Sale: Banks are overwhelmed with short sales at this time.  Here is a list of items to expect while doing a short sale in the Los Angeles, Orange County, San Diego and other California areas

Minimizing Loss: During a short sale, minimizing time for the lender to respond is very important to preserving the clients credit. Frequently, the lenders may delay in their response or 1 out of the 2 loan holders (for that have a 1st and 2nd loan) may respond quickly while the other does not.

Self Employed and Short Sales: What happens if you need to do a short sale and you have cash?  If you do a short sale, you will have to fill out a financial statement and that’s where the banks will see where all your money is located.

Selling A Short Sale is Different: Selling a home that needs to be a short sale is a bit different.  Usually, you would be expecting to receive an offer that would be sufficient to pay off your total current mortgage balance and give the homeowner some extra cash.

Top 5 Questions Asked by Sellers: Top 5 questions that home sellers ask about short sales

Who’s My Lender?: Your mortgage servicer must tell you who the mortgage holder or owner is of the loan if you request that information.

More Short Sale Seller Articles

• Short Sale Impact on Credit Score
• Life After a Short Sale – What Now?
• Short Sales and FICO score
• Short Sales vs. Loan Modifications



Reasons for a Short Sale

• 7 Reasons for a Short Sale
• 10 Tips to Understanding Short Sales
• Are you Eligible to Short Sale Your House?
• Benefits of a Short Sale
• Main Advantages of a Short Sale
• Pros and Cons of a Seller’s Short Sale

Qualifying for a Short Sale


Qualifying for a Short Sale:

• Can PMI Ruin a Short Sale Offer?
• Doing a Short Sale but Have a HELOC?
• Example of a Hardship Letter
• Get the Bank to Approve the Short Sale
• Getting Your Short Sale Approved
• Hardship Letter Tip
• How to Get an Offer Accepted on a Short Sale
• How Do Short Sales Work for Sellers?
• Lender Package
• Obstacles
• Real Estate Agents & Short Sales
• Selling a Short Sale in This Market
• Short Sale Basics
• Short Sale or Let it Go Into Foreclosure?
• Short Sale Pros and Cons
• Short Sale Q&A for Sellers
• Short Sale Qualifications
• Short Sale Sellers
• Six Short Sale Shortcuts
• So, What is a Short Sale?
• Understanding a Short Sale
• What are Short Sales?



Lender Short Sales

• The Countrywide Short Sale Process
• Watch for Banks Inserting Deficiency Language into Short Sale Contracts
• Wells Fargo Home Mortgage
• Short Sale Process for Countrywide
• Short Sale Negotiations with the Lender