Houston TX – Once you have gotten your credit report, the next step in the process of restoring your credit score is to go over it with a critical eye. Analyze what the report says. Put aside any emotion that looking at the report might stir up – you need to look at it objectively. […]
Houston Short Sales: Can I Rent My Home If It Is In Foreclosure?
Houston TX – The Stop Foreclosure Institute recently received a question about renting a home in foreclosure. Short Sale Question: I am selling 2 of homes that are short sales. I would like to rent the homes during the foreclosure process. I will continue to pay the home owners association fees. I will not be […]
Houston Short Sales: Why Is Everyone So Negative About The Housing Market?
Houston TX – The tax credit expired and everyone turned negative on the housing marketing. One so called expert said we could see headlines about the real estate market crashing again. Another said that the housing market is going to continue it’s decline for another years or two. He referenced an article that showed that […]
Houston Short Sales: How Do You Handle Multiple Offers?
Houston TX – The Stop Foreclosure Institute recently received a question from another agent. Here was her question. “I have a short sale listed. At what time in the short sale process do you stop accepting additional offers for submittal to the lender? If you accept another offer after you’ve already submitted one to the […]
Houston Short Sales: Bank won’t allow my seller to avoid short sale process
Houston TX – The Stop Foreclosure Institute recently received a question from another agent. Apparently they were being mislead on a short sale by a large national lender. Here is the question we received: “Do you have a number to contact Fannie Mae? The bank (Large National Bank) will not allow the seller to not […]
How Long Do I Have To Wait After A Houston Short Sale To Buy Another Home?
Houston TX – The Stop Foreclosure Institute gets asked this question quite a bit. The answer depends on the type of loan you are looking to use to purchase your next home. Here are the details on your options to buy another home after a short sale. Owner Financing. You can buy a home with […]
Questions Buyers Should Ask The Agent Listing A Houston Short Sale
Houston TX – Are you looking to buy a short sale? Before you make an offer, you need to check and see how competent the listing agent is at short sales. The listing agent is the agent with the property for sale. They will usually be in charge of processing the short sale with the […]
Why Houston Short Sales with 3 or more mortgages are difficult
Houston TX – Are you looking to buy a short sale? Before you make an offer, you need to check and see how many mortgages are on the home. A short sale with only one mortgage is not that difficult. Even an inexperienced agent can often get these approved and sold. A short sale with […]
Houston Short Sales: Will My Lender Set The Price For My Home?
Houston TX – The Stop foreclosure Institute recently received a question from Steve about short sales. Here was Steve’s Question. “I am interested in a short sale. I just have a few questions about how the process works. Does my lender set the price for the property. And, will that price include the realtor fee? […]
Houston Short Sales: My Ex Is Short Selling. What Can I Do?
Houston TX – The Stop Foreclosure Institute recently received a question from Tom about short sales. Here was Tom’s Question. “My Ex-wife decided to Short Sell our former house. Unfortunately we both signed the mortgage when we bought the house together. I think that means I am still liable for the debt. She got the […]