Short Sale Shift

Welcome to shortsaleshift.com. Minnesota’s foremost short sale agents, Josh Pomerleau and Sarah Willman are going to discuss why a bank would want to complete a short sale.

One of the first queries we get from home owners that are going through foreclosure or beginning to skip their payments is “Why would a lender choose to do a short sale?”. Often times the house owners think that it just sounds to good to be true. But, there are a lot of reasons why a bank would favor a short sale over foreclosure. At the end of the day, it saves the lender lots more money to progress through a short sale than to progress through a foreclosure.

One of the most practical ways for a home owner in Gilbert, Arizona to avoid foreclosure is to simply sell their home on the real estate market. In some of the better scenarios that are available in selling the home, this will halt foreclosure of the home, pay off the loan, but leave you little to no money for emergencies or finding a new home.

The most horrible part of just selling your home because you can not afford it is the fact that the home is in all probability not worth the value of your mortgage. So, your selling price will unquestionably not cover the mortgage that needs to be paid off in full, leaving you incapable to walk away from the home free and clear

Short Sale Fraud – Freddie Mac Drops A Huge Bomb On Real Estate Investors

Short Sale Fraud – It’s not a law; nor is it an official policy, but it’s definitely going to be a problem regardless. Freddie Mac’s new short sale opinion – for lack of a better word – could create serious legal and practical issues for real estate investors.

Short Sale Fraud – Freddie Mac Drops A Huge Bomb On Real Estate Investors

Short Sale Fraud – It’s not a law; nor is it an official policy, but it’s definitely going to be a problem regardless. Freddie Mac’s new short sale opinion – for lack of a better word – could create serious legal and practical issues for real estate investors.

Short Sale Fraud – Freddie Mac Drops A Huge Bomb On Real Estate Investors

Short Sale Fraud – While not yet a law or an official policy, problems loom on the horizon thanks to a new take on short sales. The latest opinion released from Freddie Mac on short sales presents legal and practical issues for short sale investors.