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On this week’s Preforeclosure Daily Grind “Tip of the Week” we dive into which of today’s short sale lenders are making it harder to get our transactions to close (the answer is not what you think)!  Listen in as we tell you which lender it is, why they are doing it and how to make sure your deals close. The new mandatory authorization to release information that Wells Fargo…

On this week’s Preforeclosure Daily Grind “Tip of the Week” we dive into what many of today’s buyers’ lenders are requiring on your short sale acceptance letters, in order to finance a short sale purchase transaction. Listen in to see what McCue Mortgage is requiring from Bank of America and CitiMortgage. We also cover what line to put a 2nd lien holders payment on a HUD-1 settlement statement to…

In today’s real estate environment Lenders are doing more and more due diligence and scrutinizing the majority of short sale deals to try to save money. Listen in as we discuss what you should NOT do in order to stay off their BLACK BALL List! On this week’s Friday Coffee Break we also cover where the future of the short sale business is going, where to find out if…

This week’s Preforeclosure “Tip of the Week” is about the 2 main factors that drive today’s short sale lenders into pursuing promissory notes,what foreclosing lender is still pursuing promissory notes in non-recourse states and much more.

Related posts:

1. More Lenders Allowing 2nd Mortgage Discounts
2. ASC and Other Top Lenders Join the Latest Short Sale Niche:“The Short Sale Rehab”
3. The Importance of Prescreening Your End Buyer’s Financing

Short Sale Daily News » Breaking News

We have been getting bombarded lately with questions about which end buyers lenders will write a loan without a 90 day seasoning requirement! Listen in as we go over the facts and the fiction of this “hot” topic. Also listen in as we go over how Obama’s new national short sale program will or will not affect the BPO or valuation process, whether or not a license will be required…