Category Archives: Lending

Do You Have to Be Behind in Your Payments to Get a Short Sale?

Getting behind in payments makes no sense if you want a short sale approved!

January 30, 2011 – 10:58 pm | By SueT | Posted in Lending, Myths, Selling | Tagged , | Comments (0)

Can It Take A Year to get Short Sale Approval?

It may take a year for Short Sale approval, but the average last year was 60 days!

January 30, 2011 – 10:41 pm | By SueT | Posted in Buying, Lending | Tagged , | Comments (1)

Can The Lender Go After My Retirement Funds?

Retirement accounts are protected in California. Talk to your tax or real estate attorney. They can write a letter addressed to your lender stating that your savings is in a protected retirement account. This should be adequate. Lenders are doing everything they can to minimize their losses.

January 19, 2011 – 6:00 pm | By SueT | Posted in Investment Strategy, Lending, Myths, Short Sale, Top Questions | Comments (0)

Who Makes Up Home Prices?

I asked Kris Forster of Brockway properties to help answer your question. Kris has been a certified and active professional appraiser for over 25 years. “Realtors do not establish home prices, buyers do,” said Kris. Kris explained that real estate values are influenced by supply and demand. For example, a seller’s market (higher real estate …

June 8, 2009 – 12:49 pm | By SueT | Posted in Buying, Lending, Top Questions | Comments (0)