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Houston Housing Market: Hotter than ever in spite of Oil Prices!

February 18, 2016 by Moderator

Houston Housing Market: Hotter than ever in spite of Oil Prices!

Houston TX – In spite of the downturn in the oil industry, the Houston, TX market is still hotter than ever. While other locations throughout the country are feeling the pinch in the slowed oil development and over stock piled oil reserved. Houston continues to attract buyers in diverse purchasing price points. Corali Realty can help […]

Filed Under: Uncategorized

Houston Short Sale Question: Do I Need To Disclose Anything Wrong With My House?

September 8, 2014 by Moderator

Houston Short Sale Question: Do I Need To Disclose Anything Wrong With My House?

Houston TX – The Stop Foreclosure Institute recently received a question from Will. Here was his question. “I am thinking of short selling my house. There are some problems with the house. I know that most home buyers get a home inspected before they buy it. Do I have to tell them about the problems? […]

Filed Under: Short Sale News

A Common Houston Short Sale Myth: The Short Sale File Has To Be Perfect Before You Can Submit It To The Lender

September 3, 2014 by Moderator

A Common Houston Short Sale Myth: The Short Sale File Has To Be Perfect Before You Can Submit It To The Lender

Houston TX – Many agents think that a short sale lender will not look at a file until the short sale file is perfect. “I need your financial information, last 2 years of tax returns, last 2 pay stubs, last 2 month’s bank statements, and all the other short sale paperwork before I can submit […]

Filed Under: Short Sale News

Houston Short Sale Myth: There Are No Rules Or Guidelines For Short Sales

August 29, 2014 by Moderator

Houston Short Sale Myth: There Are No Rules Or Guidelines For Short Sales

Houston TX – I recently saw an article written by a prominent, so called short sale expert. In the article, this supposed expert says the only rules for short sales are HAFA, but even those rules are subject to interpretation. That is like saying that there are no traffic laws. If that were the case, […]

Filed Under: Short Sale News

Why Do Lenders Always Lose Your Paperwork On A Houston Short Sale?

August 28, 2014 by Moderator

Why Do Lenders Always Lose Your Paperwork On A Houston Short Sale?

Houston TX – If you have negotiated a short sale or loan modification, then you have probably heard the lost paperwork excuse. “Oh, we lose your paperwork. Please refax it to this number”, then lender’s representative tells you. I have heard this excuse countless times. No one can lose paperwork that much. I am now […]

Filed Under: Short Sale News

Who Pays The Costs In A Houston Short Sale?

August 27, 2014 by Moderator

Who Pays The Costs In A Houston Short Sale?

Houston TX – You may wonder why a sales contract says the seller pays for certain costs and yet the bank covers the costs. Here is how it works. The sales contract may have a certain clause say: “Seller to pay title and seller’s documentary stamp taxes.” How does the bank pay that cost if […]

Filed Under: Short Sale News

Houston Short Sale Myth: Anyone Can Negotiate With The Lender

August 26, 2014 by Moderator

Houston Short Sale Myth: Anyone Can Negotiate With The Lender

Houston TX – Yes, many people think they can negotiate with the lender. But, some of them don’t have the skills necessary to be successful. Here are a few of the things someone needs before they can negotiate a short sale. They must have the ability to understand HUD-1 Closing Statements. The lenders will want […]

Filed Under: Short Sale News

Houston Short Sales: More Reasons Why Short Sales Fail

August 25, 2014 by Moderator

Houston Short Sales: More Reasons Why Short Sales Fail

Houston TX – We recently gave a couple of common reasons that short sales fail. Today, we will go thru a few more reasons. (To recap, here were the reasons we put in our previous blog post. Reason #1: The sales price is lower than the lender wants. The lender thinks the home is worth […]

Filed Under: Short Sale News

Houston Short Sales: Why Is This Lender Lying To This Homeowner?

August 22, 2014 by Moderator

Houston Short Sales: Why Is This Lender Lying To This Homeowner?

Houston TX – The Stop Foreclosure Institute recently received a question from David. Here was his question. “My lender ******** Bank verbally told me that my short sale was approved. However, now they are now telling me that Fannie Mae did not approve the sale. They gave me an option to pay $3,000 upfront and […]

Filed Under: Short Sale News

Houston Short Sales: What makes a good short sale realtor?

August 21, 2014 by Moderator

Houston Short Sales: What makes a good short sale realtor?

Houston TX – A good short sale realtor will mean the difference between success and failure on your short sale. Here are the qualities that make a good, effective short sale realtor. Persistence. Short sales are frustrating. Many times you will feel like giving up. Many times you will feel like you have finished the […]

Filed Under: Short Sale News, Uncategorized

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