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Short Sales

Faster Bank of America Short Sales? Yes Please!

I just read an article about how Bank of America is putting into works methods to streamline and speed up their short sale process. My response - awesome! My reality - doubtful. A while back, the government challenged the banks... Continue Reading →

Short Sales & Valid Hardships…

A common misconception is that anyone at all can qualify for a short sale and not have a valid reason for it, while the truth is that this is most likely the exception to the norm. Although you may know... Continue Reading →

Buying a Home After a Short Sale or Foreclosure

I met yesterday with one of my favorite lenders, Brad Brockett at Summit Funding, and we were chatting about life after a short sale or foreclosure. I was pleased to hear that the timeline isn't nearly as dire as I... Continue Reading →

What exactly IS the status “Short Sale Contingent”?

I often get asked, "What exactly does 'short sale contingent' mean in MLS?" Great question. First of all, let's start with answering the question of what a short sale is. A short sale is where a homeowner is under water... Continue Reading →

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