Archive for the ‘avoid foreclosure’ Category

It seems Loan Servicing companies are pushing their delinquent borrowers to do a Deed-In-Lieu rather than a Short Sale.  This has been cause for speculation among Realtors doing Short Sales.  Why would the banks want to do DIL in a down market (Florida), when a Short Sale now would net them more money and help […]


St. Petersburg FL – I am following up on a question from Arman. His loan was owned by Fannie Mae and the company handling the loan for Fannie Mae was rejecting an excellent Short Sale offer for no reason. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Here […]


St. Petersburg FL – The Stop Foreclosure Institute recently received a question from Arman. Here is his question: I am a Seller trying to avoid foreclosure. My agent has a buyer and his offer is with the lender from last seven months. Now the lender told us that Fannie Mae investor refused the short sale […]


St. Petersburg FL – Negotiating short sales is tough. In my opinion, some of the banks are not making good financial decisions. “We won’t approve the file without the financials completely filled out,” they say. Or, they tell you the numbers won’t work when the investor guidelines actually say to approve the short sale. If […]


St. Petersburg FL – What do you do when the house won’t sell for any more money, but the bank keeps on rejecting the offers? You can give up, but the seller may lose their home to foreclosure.