September 1, 2017
Short sales are generally nothing but “short”….but once in while we break the trend… When I first met with my latest seller he explained to me that he was terminally ill and just weeks away from having to leave his job as he was simply no longer able to work. While he was current with his mortgage payments,
September 1, 2017
HOME SALE CHALLENGE:After realizing he would never be able to sell his home for enough to clear the mortgage, this Hamden, CT homeowner quickly came to the conclusion that a short sale on his home was likely his only option to cut his losses and move on.REID REAL ESTATE GROUP APPROACH:With an ASC first mortgage and
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
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
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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