Better Homes & Gardens Real Estate, Main Street Properties, Inc.

850-554-9543

[email protected]

1313 Creighton Rd

Pensacola

FL

USA

32504

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Short Sale

August 2016

Topic: Beware of the Approval Letter

You received the short sale approval letter from your lender and you are jumping for joy!!  Not so fast my friend. Read the letter. Then read the letter again to make sure the deficiency is waived, the buyer's name is correct AND that the sales price approved actually matches your sales contract.

July 2016

Topic: Regarding Fannie Mae Owned Loans

You should expect some sort of counter-offer.  It may be the sales price, a promissory note from the seller or both.

June 2016

Topic: Short Sale or Loan Modification Mirage?

If you find yourself in the revolving merry-go-round of a loan modification all the while falling further behind on your mortgage payments, stop, get off the ride.  Promises by your lender that you should try to modify your loan again and again is like being stranded in the Mojave Desert and seeing a myriad of oasis mirages. 

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Jack Lara
Jack Lara