Many homeowners that are considering a short sale often wonder if they have to be late on their mortgage in order for their lender to consider them a candidate for a short sale. I understand – many people have good credit scores, and don’t wish to have them plummet if its possible to preserve that […]
New Listing: Investment/Rental Property or Home for Larger Family
I have recently listed this 4 bedroom 2 and 1/2 bath two-story home in Riverview. It’s a short sale and its listed at a mere $130,000 and features over 2,000 square feet of living space. This would make a perfect investment/rental property as it rents between $1,300-$1,400 a month, or would be great for a […]
Bank Gives $8,200 in Cash To My Client for Doing a Short Sale
Bank of America just accepted a short sale on my client’s property AND gave him $8,200 in cash back at closing! WOW. This was part of a pilot program Bank of America was doing last year and my client was lucky enough to be part of it. Many lenders are doing similar programs right now […]
Don’t Face Foreclosure Alone: One Family Fights Back Against Bank of America
As a cancer survivor myself (Hodgkin’s Lymphoma at age 23!), I’m very involved with a local cancer charity, and last year I met a family that was in foreclosure and who’s son had a rare form of leukemia. The wife had to leave her job to take care of the son’s medical issues full-time, and […]
Ask Freddie Mac and Ye Shall Receive: A Short Sale Christmas Miracle
If you read today’s St. Petersburg Times, you’ll find this article by Mark Puente regarding my ordeal with US Bank and Freddie Mac on a short sale listing I have in Tierra Verde. I’d contacted US Bank and Freddie Mac for months – over a year actually, but it’s sad that we Realtors have to […]
Bank of America & Chase Offering $20K to Tampa Bay Homeowners to Short Sale
JP Morgan Chase started the trend by offering up to $25K to sellers, and now Bank of America has also begun offering homeowners who are delinquent on their mortgages anywhere from $5,000 to $20,000 if they successfully complete a short sale. If the Seller does not qualify for Chase’s or Bank of America’s programs, the […]
