Real Estate Blog

Step 8 To Fix Your Credit After A Orlando Short Sale: Checking Your Results

Step 8 To Fix Your Credit After A Orlando Short Sale: Checking Your Results

The next step in your credit repair process is a very important one. This is the time where you check the results of your efforts so far. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. The credit bureaus have now sent you their results, including a new credit [...] Read more

Step 7 To Fix Your Credit After A Orlando Short Sale: The Waiting Period

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 The next step in the process of getting a cleaned up credit report, is the one that takes the least effort, but the most patience: WAITING. You’ve done your part to get the ball rolling, and now the credit reporting companies have to do their part. Click here to discover how other sellers successfully did [...] Read more

Step 6 To Fix Your Credit After A Orlando Short Sale: Why It’s So Important To Document Everything

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 I mentioned in the last note that you’ll need to keep a file of records about your credit restoration process. This is an important part of the process, and deserves a bit more than a brief mention. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. The credit reporting [...] Read more

Step 5 To Fix Your Credit After A Orlando Short Sale: How To Mail The Letter

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 Once your strongly worded credit report dispute letters are written to each of the three credit reporting companies, then it is time to get it into the hands of their dispute department. The goal is to get your letter read, taken seriously, and responded to. Click here to discover how other sellers successfully did a [...] Read more

Step 4 To Fix Your Credit After A Orlando Short Sale: Write The Credit Bureaus

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Using your work on the credit report, you are ready to take action. You are now going to write a letter to the credit bureaus about the items you’ve highlighted and noted. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. You are writing to the credit bureaus because [...] Read more

Step 3 To Fix Your Credit After A Orlando Short Sale: Rank Items In Order Of Importance

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The next step in going over your credit reports is to really rank the items being reported about you to find ones that are the most negative. Rank the negative items with the MOST negative ones given the lowest ranking. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. [...] Read more

How To Fix Your Credit After A Orlando Short Sale: Step 1

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One of the common reasons that people are concerned about a foreclosure or short sale in their history is because they are concerned about their credit score. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. While it’s true that your credit score will be adversely affected by these [...] Read more

Orlando Short Sale Question: How Can I Buy Another Home Right After A Short Sale?

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The biggest advantage a short sale has over a foreclosure is that you can buy your next home much sooner. Under current lending guidelines, you can buy another home in 3 years after a short sale. After a foreclosure you have to wait 5-7 years in most cases. Click here to discover how other sellers [...] Read more

Is My Hardship Legitimate For A Orlando Short Sale?

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 The Stop Foreclosure Institute recently received a question from Dan. Here was Dan’s Question. “I recently purchased another home and tried to sell my former home. It isn’t selling and I can’t afford to make both payments. The home won’t rent for even 1/2 of the mortgage payment. An agent told me the house is [...] Read more

Orlando Short Sale Question: My Ex Is Short Selling. What Can I Do To Avoid It Damaging My Credit?

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The Stop foreclosure Institute recently received a question from Tom about short sales. Here was Tom’s Question. “My Ex-wife decided to Short Sell our former house. Unfortunately we both signed the mortgage when we bought the house together. I think that means I am still liable for the debt. The court gave her the home [...] Read more

Three Ways The Big Banks Could Help The Housing Market And Increase Their Profits At The Same Time

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It seems unlikely that the big banks could help the housing marketing and make a profit at the same time. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. #1: Approve more Loan Modifications. Every loan modification is one less home that has to be sold as a distress [...] Read more

Why I Recommend That Home Buyers Avoid Buying A Orlando Short Sale With Three Mortgages

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Are you looking to buy a short sale? Before you make an offer, you need to check and see how many mortgages are on the home. A short sale with only one mortgage is not that difficult. Even an inexperienced agent can often get these approved and sold. Click here to discover how other sellers [...] Read more

Questions Buyers Should Ask When Buying A Orlando Short Sale

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Are you looking to buy a short sale? Before you make an offer, you need to check and see how competent the agent handling the short sale is at short sales. This agent will usually be in charge of processing the short sale with the lender. Click here to discover how other sellers successfully did [...] Read more

Orlando Short Sale Question: How Long Do I Have To Wait After I Short Sell My Home To Buy Another Home?

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The Stop Foreclosure Institute gets asked this question quite a bit. The answer depends on the type of loan you are looking to use to purchase your next home. Here are the details on your options to buy another home after a short sale. Click here to discover how other sellers successfully did a short [...] Read more

Orlando Short Sale Question: Why Do I Have To Short Sale If I’m Willing To Repay The Debt?

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The Stop Foreclosure Institute recently received a question from another agent. Their seller had a misconception about what to do when selling an upside down home. Here is the question we received: “Do you have a number to contact Fannie Mae? The bank will not allow the seller to not do a short sale and [...] Read more