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"Susan is the ONLY realtor whom I would recommend!
"Susan has been our "friend in the business" for several years and real estate transactions. She is the BEST - and the ONLY realtor whom I would recommend - even to my parents, in-laws, neighbors and friends (all of whom she has helped with similar results!) Her attention to detail, customer service, and support even AFTER the sale is wold-class. If you have a real estate need, look no further because Susan is THE best!"
Liz and Gregg Milo
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Short Sales >5. What If My Lender Refuses My Short Sale Request? The most common reason for a lender to refuse a short sale request is loss. That is, the lender will refuse a short sale if their calculations suggest that they will lose less via a foreclosure. If this happens to you:
Step 1: Demand a written letter from the loan servicer explaining exactly why the request has been denied.
Step 2: Figure out and write down the projected losses you’ll experience if the home is foreclosed on as opposed to sold as a short sale.
Step 3: Notify the company handling the loan that if the house is foreclosed on, you will be suing them for the damages you documented in Step 2.
If you follow this procedure, you should be in the clear either way. Either your home will be sold as a short sale like you previously wanted, or you will have the potential to regain your losses after foreclosure from the lawsuit. Your best strategy for navigating the short sale process is to work with a qualified agent who can assist you. The agent will help you work through the process and/or any contingency plans.
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What criteria determines the hottest real estate markets?
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Job/personal income growth; population/household growth; housing affordability/appreciation; and current inventory of homes for sale. |
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- NUMBER1EXPERTS™ 
