September 1, 2017

Ditech is quickly becoming one of my favorite lenders to work short sales with. It’s usually these smaller guys that could teach their bigger cousins Chase, BOA and Wells Fargo a thing or two about getting things done! After a few years of renting out their former home, these CT homeowners were no longer able to keep up with their payments and were forced

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September 1, 2017

HOME SALE CHALLENGE:After several unsuccessful attempts at modifying her loan to save her home, this Southington homeowner had run out of options and was facing foreclosure. Her only remaining option was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Nationstar is not one of my favorite lenders to work with, as they are consistently disorganized, unresponsive and confused. Although FHA backed loans

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September 1, 2017

Chase Bank forgives over $1,000,000 in this jumbo loan short sale! HOME SALE CHALLENGE: After 3 years of efforts to sell their Ridgefield, CT luxury home without success, these sellers were forced to face the fact their home was now worth about half of the $2 million they owed on it. After a business failure, the sellers

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September 1, 2017

HOME SALE CHALLENGE:An employment relocation forced this Cheshire, CT couple to move out of state, but left them stuck with a home they could not sell due to some significant negative equity. With few options to get out of the home, they decided a short sale was the only realistic solution.REID REAL ESTATE GROUP APPROACH:HSBC is one of my favorite lenders

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September 1, 2017

Hamden, Connecticut VA Compromise Sale with Chase Bank: Once in a while I am surprised when  a lender just has it together and a short sale approval comes easy…unfortunately rarely is that the case with Chase…HOME SALE CHALLENGE:After many months on market trying to sell his home as a traditional sale, this Hamden, CT homeowner realized there would

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