September 1, 2017
HOME SALE CHALLENGE:Our Wallingford homeowner was ready to move on from his home but found himself owing more than the home was worth, with no way to pay the difference. He soon realized his best option to get out of the over-leveraged home was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Citibank is not currently one of my favorite
September 1, 2017
HOME SALE CHALLENGE:After barely making ends meet for many years, our Middletown, CT homeowner was finally forced to consider a short sale once he was laid off and had to leave the state for new employment.REID REAL ESTATE GROUP APPROACH:Quicken, one of my absolute favorite lenders to work short sales with, was the servicer on this Freddie Mac backed loan. Having
September 1, 2017
Home Sale Challenge: After a business loss and years of unsuccessful attempts at modifying their loan with SLS mortgage, our Essex, CT homeowners realized their only remaining option was a short sale to get out of their underwater mortgage.SLS (Specialized Loan Servicing LLC) was the mortgage servicer on the first mortgage on the property (a jumbo loan) and
September 1, 2017
Some things just don’t come easy…..including this short sale approval… HOME SALE CHALLENGE: Our unbelievably sweet and charming retiring Hamden, CT homeowner found herself in a position to have to move to senior housing, but upside down in her home. After attempts to sell at fair market proved unsuccessful, she realized her best option was
September 1, 2017
HOME SALE CHALLENGE:After an employment change and several unsuccessful attempts at modifying her loan, our Naugatuck homeowner found herself unable to pay her mortgages and with no equity to sell, she realized her only option was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Our seller had two loans on the property – one with BOA and another with SLS. While
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