NOVA BROKERS LLC'S Blog

Finding the BEST Short Sale Real Estate Agent is important.  Make sure that your agent has the knowledge and experience that it takes to get the job done.  You need an agent that works hard for you.  There have been too many people coming to our law office because their short sale was denied aski...

  A friend of a friend contacted me yesterday, a referral from a friend, for some advice about her financial situation and her home.  She said she contacted Bank of America and explained her situation, that she is newly divorced and is unable to keep her current home with the mortgage payments as...

 When I met with potential sellers that wanted to sell their home they seemed very frustrated with the fact that their home is not worth what they thought (they owe more than it is worth today), after reviewing the comps.  So they had no idea how they were going to move.  When I spoke to them abo...

The entire short sale fell apart and the property went to foreclosure as said in previous post.  I had contacted Fannie Mae before the foreclosure and they told me they would give me a 30 day window to complete and not foreclose on the property.  After the foreclosure, the bank put the house back...

I was going through the internet to see what was available for free for getting more internet leads.  Every few months I check the internet and include my information on new sites that are trying to succeed. That is how I found Active Rain a long time ago.   So I found a few new ones and thought ...

I started a previous blog a couple of years ago regarding Saxon Mortgage short sales because of help I needed from my fellow active rain agents with one of my shortsales that ended up being foreclosed without notice.  I still receive emails weekly from homeowners throughout the United States rega...

I am and have been working with a short sale with US Bank.  They are the only lender with this property.  I have been assigned a negotiator that just flat out denied my short sale with a reason being that the net proceeds to them need to be at least $207,000.  My HUD 1 shows that they are receivi...

I brought my potential buyer to a home that looked just lovely from the outside, nice curbside appeal, tidy and very welcoming.  The homeowner was home (which was fine) my client was ok with that, but when that door opened, the smell of pet urine just about killed us.  What to do in a situation l...

  Well after 6 months of working on a short sale with Citi Mortgage, they decided to foreclose on the house 2 days before closing of the transaction.  Interesting how the communication between the short sale negotiator and the foreclosure department was that poor especially since this has not hap...

When you are looking for an agent to handle your short sale listing, here are some tips in finding the right agent and getting the sale to closing.   1. Make sure the agent you have chosen has experience in handling a short sale or is having an attorney conduct the negotiations on your behalf. As...