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Short Sale - Tag Page

Broker Price Opinion - Glossary Term

A Broker Price Opinion or BPO is used to establish the value of a piece of real estate (ie. a house) quickly and inexpensively. BPO’s are predominantly used during a foreclosure process when an offer of a short sale is in the making. Lender mitigation departments are dealing now with a ton of short sale [...]

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The question: “Is it legal to do a short sale on a house not in foreclosure and then lease it back to the owner?” My answer: Sure it’s legal, I don’t see why not. The real question is why would a lender do a short sale on a home not in foreclosure? They won’t is [...]

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The question: Are lenders of defaulted or foreclosed homes willing to short sale? The short answer is…Nope…not really. To my surprise, after reading a number of agent and buyer emails, lenders are showing limited interest in accepting “short sale” offers. Lenders Hate Short Sales To explain quickly, a short sale, is asking a foreclosing lender [...]

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Short Sale Foreclosure - How To Save Your Home

If you are needing to save your home, our “short sale foreclosure” method could be the ticket. If you are in an area where dropping home values are prevalent, then definitely keep reading about our short sale foreclosure way to save your home. Here’s how it works to save your home from foreclosure… Short Sale [...]

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