If you have not had to negotiate with a Home Owner Association (HOA) regarding past HOA dues in order to get a short sale closed, well you haven’t lived. It is, seriously, one of the more frustrating tasks that we have to handle. It seems that more than half of the HOAs have some hard…

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The mantra for a Buyer should be WHAT IS THE FASTEST WAY TO GET MY OFFER APPROVED AND THIS SHORT SALE CLOSED. There is a long track of hurdles to get over between the offer and closing. That list includes: 1) document collection; 2) package compilation and submission (sometimes multiple times); 3) document review and…

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In North Carolina we now have a Due Diligence Period that can be negotiated and put in the Offer to Purchase and Contract (Offer to Purchase). We could have done it with the old contract but it is now a prominent part of the new Offer to Purchase. In a short sale situation, however, the…

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The simple answer is as soon as possible. I know that the Buyers don’t want to spend $350 for a home inspection before they know if the short sale will get approved. I get that, but lets analyze why it is better to get it done sooner rather than later: 1. Think “AS IS” contract….

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Completing a short sale involves much more than just sending in an offer that the bank accepts. By definition the Seller’s mortgage and judgment lien debts must be negotiated. There are three issues of liability that face the real estate agent and/or a third party facilitator who takes on the job of negotiating a short…

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How does hiring an experienced short sale law firm make attaining your short sale easier? While banks and mortgage note holders are now more willing to accept short sale offers, getting a short sale approved is a process with many steps, requirements and possible pitfalls. The attorneys at Wilde Law Firm, PLLC are experienced and confident with the short sale process. Our law firm concentrates solely on short sales and we are dedicated to using our experience to help you the real estate agent focus on selling real estate and avoid the possible liabilities associated with the short sale process. Please click below for further information about the Attorney Short Sale Management Solution, and how Wilde Law Firm’s attorneys can help you navigate through your short sale today.

When a foreclosure process has begun, time is of the essence. It is important for property owners to decide quickly what course of action they will take to make sure their rights and interests are protected and their goals are attained before a foreclosure sale is completed. While there are many directions a property owner may go when faced with a mortgage foreclosure, a short sale in many cases is an individual’s best option, and the option most likely to also be deemed favorable by a future lender. Please read further to learn of different options you have if you are faced with foreclosure.