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
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
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
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