Best Side Of The West Side

If you find yourself unable to avoid foreclosure, and cannot find any other option – loan modification, refinancing, etc. – getting your lender’s approval for a short sale may be the best alternative for you. However, the short sale process is sort of complicated, and changes depending on your specific situation and your lender’s requirements. [...]

What Does NOT Constitute a Short Sale Hardship Some homeowners are still being asked to pay a large contribution to settle a short sale, while others are not asked to pay at all. Most of the time, this can depend on many factors – validity of hardship, type of loan, negotiator’s experience, etc. To some [...]

A Short Sale Hardship Letter is a letter that you need to write to your bank or lending institution to request them to consider a short sale to prevent your home from being foreclosed. After having assembled dozens and dozens of short sale packages, I have found that more than any other document, the hardship [...]

Why Some Short Sales Never Sell A lot of short sale sellers realize that it is not easy to sell a home as a short sale – sometimes a little too late. Short selling a home is a complicated process, and if not carried out correctly, may not go as planned and / or can [...]

Citibank is one of the large national banks, and many of those residing in the Westside Los Angeles area have turned to for financing of their homes. I just recently finished a Citibank short sale for a client in Santa Monica. And while the entire transaction took almost a year, once we had the right [...]

Today I want to talk about what you should expect when working with your bank on a short sale. One of the most common questions I usually get when speaking with potential clients is always about how much money the bank will want; or if the bank will accept  the difference between what their home [...]

Most of the time, when people talk to you about short sales, you hear that the homeowner cannot walk away from closing with any money in their pocket. That is somewhat true in most short sales. However, there is a short sale program developed by the federal government called a HAFA short sale, which provides [...]

Have you ever wondered how you can qualify for a short sale? Are you behind on your mortgage? Do you currently owe more than what your house is worth? Do you need a solution to your financial troubles? Now, I will discuss with you how one goes about qualifying for a short sale. If you [...]