Scottsdale AZ – I received a note the other day from Andrew. He was upset that I would tell people that are upside down on their house to ask for a principal reduction from their lender. Here was his email. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. "I saw your blog post about how the banks won't approve principal reductions for people who are struggling financially. You recommended that anyone upside down should short sale their … [Read more...]

Scottsdale AZ – Most short sale negotiators are professional. They understand the seriousness of their jobs. They work hard to educate themselves on the industry and market trends. They are friendly and fun to work with. This is one of the things I like about selling short sales for a living. The downside is that every once in a while a negotiator will get an attitude. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. For whatever reason … [Read more...]

Scottsdale AZ – The Stop Foreclosure Institute recently received a question from Sergio. Here was his question. "I have owned my house since 2006. My employer reduced my salary by 30% and now I have to move out of state where I have found a new job. The house is a problem. Since 2006 my house price has dropped by about $40,000. That means I have a $40,000 deficiency, which I don't want to pay. I have option to rent the house, but I am still considering a short sale. Any advice? … [Read more...]

Scottsdale AZ – The return on investment is very good because of a tight rental market caused by the housing crisis. Rents have increased while home prices have dropped. Single Family Homes are the best way to go because they are easy to rent and you can prescreen for the absolute best tenants. Good tenants are the key to avoiding problems. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Have you ever noticed how apartment complexes have … [Read more...]