How to Use a Short Sale to Stop Home Foreclosure and Protect Your Finances
Autor Robert Irwinen Limba Engleză Paperback – 16 iul 2009
How to Use a Short Sale to Stop Home Foreclosure and ProtectYour Finances removes the complications and stress often associatedwith short selling a property. Using real-life success stories, Irwin explainshow a short sale works and walks you through the process step by step.You’ll learn how to:
- Convince lenders to engage in a short sale
- Deal with a loss mitigation committee
- Get a loan modification
- Find an agent
- Manage issues with the IRS
- Beat the deadlines that can doom a short sale
How to Use a Short Sale to Stop Home Foreclosure and ProtectYour Finances provides everything you need to get out from under—without spending a dime of your own money.
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Specificații
ISBN-13: 9780071635585
ISBN-10: 0071635580
Pagini: 208
Dimensiuni: 152 x 229 x 12 mm
Greutate: 0.27 kg
Editura: McGraw Hill Education
Colecția McGraw-Hill
Locul publicării:United States
ISBN-10: 0071635580
Pagini: 208
Dimensiuni: 152 x 229 x 12 mm
Greutate: 0.27 kg
Editura: McGraw Hill Education
Colecția McGraw-Hill
Locul publicării:United States
Cuprins
Preface1.HOW A SHORT SALE WORKS
True Stories From The Front Lines
2.HOW A SHORT SALE CAN HELP YOU
It can save your credit …And Your Peace Of Mind
3.WILL A SHORT SALE WORK FOR YOU?
How To Create A Preliminary Seller’s Net Sheet
4.SELL IT YOURSELF OR USE AN AGENT?
Finding An Agent Who Specializes in Short Sales
5.PREPARING THE HOME FOR SALE
What Work Do When You’re Not Going To Net A Dime
6.HOW TO GET TO YOUR LENDER
Finding the Loss Mitigation Dept.
7. WHY NOT TRY LOAN MODIFICATION?
Lender’s Just Want Borrowers To Continue Paying
8. PUTTING TOGETHER THE SHORT SALE PACKAGE
The Door To The Lender’s “Heart”
9. IS THERE A REWARD FOR MISSED PAYMENTS?
And other Tricks of Short Sales
10.TAX CONSEQUENCES, REPAIRS, AND BPOs
How To Successfully Deal With Them
11.BEATING THE CLOCK
Understanding The Timelines You’re Up Against
12.ALTERNATIVES YOU SHOULD CONSIDER
Deed in Lieu, Renting, Taking in a Partner, And More
13. SCAMS TO AVOID
Fixers, Bailouts, Double Escrows, Leasebacks and More
14.RESOURCES, HELPFUL DEFINITIONS, AND TYPES OF MORTGAGES
What You Need To Know
True Stories From The Front Lines
2.HOW A SHORT SALE CAN HELP YOU
It can save your credit …And Your Peace Of Mind
3.WILL A SHORT SALE WORK FOR YOU?
How To Create A Preliminary Seller’s Net Sheet
4.SELL IT YOURSELF OR USE AN AGENT?
Finding An Agent Who Specializes in Short Sales
5.PREPARING THE HOME FOR SALE
What Work Do When You’re Not Going To Net A Dime
6.HOW TO GET TO YOUR LENDER
Finding the Loss Mitigation Dept.
7. WHY NOT TRY LOAN MODIFICATION?
Lender’s Just Want Borrowers To Continue Paying
8. PUTTING TOGETHER THE SHORT SALE PACKAGE
The Door To The Lender’s “Heart”
9. IS THERE A REWARD FOR MISSED PAYMENTS?
And other Tricks of Short Sales
10.TAX CONSEQUENCES, REPAIRS, AND BPOs
How To Successfully Deal With Them
11.BEATING THE CLOCK
Understanding The Timelines You’re Up Against
12.ALTERNATIVES YOU SHOULD CONSIDER
Deed in Lieu, Renting, Taking in a Partner, And More
13. SCAMS TO AVOID
Fixers, Bailouts, Double Escrows, Leasebacks and More
14.RESOURCES, HELPFUL DEFINITIONS, AND TYPES OF MORTGAGES
What You Need To Know