Seven Ways You Benefit From A Utah County Short Sale

Utah County UT – A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home. We gave them the normal answer: “It’s much better for your credit.” That was the first thing that popped into our head. But, […]

Can I Short Sell My Utah County Home If I Have Substantial Assets And A Stable Income?

Utah County UT – The Stop Foreclosure Institute recently received a question from Dave. Here is Dave’s Question. “I bought several investment properties at the peak of the market. The homes have dropped in value by almost 40% and I am losing money on the rent every month. I am sick of writing a check […]

Here’s Proof That Your Bank Actually Wants You To Short Sale Your Utah County Home

Utah County UT – A recent article in the Tampa Bay Times shows how much lenders prefer short sales to a foreclosure. It discussed how Bank of America recently came out with new short sale incentives. Bank of America is willing to pay borrowers up to $30,000 for moving expenses to short sale their house. […]

Utah County Loan Modification Tips: How To Gain A Negotiating Edge Over Your Lender

Utah County UT – Thinking about a loan modification. If you can afford to, then order an appraisal. Or, do your own appraisal. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Ask your realtor “Hey, what are houses in my area selling for?” I’ve seen people who bought […]

Thinking About A Utah County Loan Modification? Run The Numbers First

Utah County UT – When you negotiate your loan mod you need to remember that the banks are professional negotiators. They know the tricks. They know how to suck as much money out of you as is legally possible. Don’t kid yourself. They’re going to use every single tool in their tool chest to squeeze […]

Why A Utah County Short Sale Is The Best Alternative To Get Out From Under An Upside Down Mortgage

Utah County UT – Are you upside down on your mortgage? Try this. Sit down and run the numbers. How much will your upside down mortgage cost you over the next 30 years? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Let’s say a homeowner bought a house […]

A Common Utah County Short Sale Myth: You Must Have Defaulted On Your Loan Before Your Lender Will Talk About A Short Sale

Utah County UT – The Stop Foreclosure Institute recently received a question from Nathan. Here was his question. “I’ll stop making the payments on my condo. That way we can start on the short sale process with my lender. How far behind do I have to be before they will start negotiations. Click here to […]

Utah County Short Sale Question: Will I Wipe Out The Debt When I Short Sale?

Utah County UT – The Stop Foreclosure Institute recently received a question from Kevin. Here was his question. “I am upside down on my house. I owe over 700k and I have been told that it is now worth under 400k. I just hate to think how much it will cost me over the long […]

When A Bank Should Approve A Utah County Short Sale Offer

Utah County UT – A bank should approve a short sale when it makes the best financial sense to do so. Here is a little known fact. About 80% of all loans are not owned by the bank handling them. That means that someone else is going to lose money if your bank rejects the […]

I Am Trying To Buy A Utah County Short Sale. Can I Push The Process To Go Faster?

Utah County UT – Buyers often ask us how they can make the short sale process go faster. It is a common complaint. Here is an example of the emailed we often receive. “I am trying to buy a short sale. It has been 4 months and we have heard nothing except that we are […]