Settle Second Mortgage Lien The end of the year is going to be here before we know it. This is typically the best time to try to be reviewed for a settlement on a mortgage lien or any account as parties are more willing to write off losses at the end of the year....
Property Taxes Paid By The Bank Through A Short Sale Property taxes through a short sale are almost always paid by the lender. Not having property taxes reviewed correctly by the lender is very common and can end up being a costly mistake. If approved you may end up...
Buyers Closing Cost Credit A buyers dream scenario on a short sale would be to get a great deal on the property and to have the bank approve a fee to their buyers closing costs credit. The general practice of the mortgage servicers and investors are to approve a 3%...
What You Need To Know About Requesting A Freddie Mac Closing Extension When Freddie Mac (FHLMC) is the investor on an approved short sale they typically will allow 60 days max to close. The initial approval letter is usually issued for 30-45 days unless if there is a...
Franchise Tax Board Lien If you pick up a short sale listing with a Franchise Tax Board (FTB) Lien on title it is a red flag, but don’t worry too much as these liens can often be resolved without too much complication. FTB liens are handled similarly to IRS...
