Aaron Armstrong's Blog

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Real Estate Agent - Nashville Short Sale Specialist
RECENT BLOG POSTS
Should You Short Sale Your Home?   No homeowner imagines that they will face a foreclosure when they buy a new home. However, the real estate market crash and the economic downturn combined plunged a large number of homeowners into the long process of losing their homes. What is worse is that the...
02/06/2014
If you are exploring the idea of a Nashville short sale, you may be wondering, "can I do a short sale on a home that is an investment property or a home that was my primary residence, but is now rented." There are many people in Nashville and Middle Tennessee that bought investment real estate bu...
12/01/2010
If you are a home owner considering a short sale, you may be wondering "why would the bank approve my short sale instead of foreclosing?"  This is a common question among my Nashville Short sale clients.  The fact of the matter is, statistically banks recoup more of their money with a short sale ...
08/23/2010
It is not uncommon for sellers to have more than one mortgage on their home.  Sellers often ask us "Can I do a short sale if I have two mortgages?"  The simple answer is yes! Sellers attempting to do a short sale with more than one mortgage on their property fall into two categories.  1) Those th...
07/08/2010
One of the most common questions I get asked when discussing short sales with a prospective seller is, "How much will a short sale affect my credit?"  This is a loaded question and there is no definitive answer.  A quick Google search for this query yielded responses that ranged from "not at all"...
06/30/2010
Many of my short sale clients want to know if the bank will require them to sign a promissory note as a part of their short sale approval.  A promissory note on a short sale is an unsecured note requiring the Borrower to pay back the deficiency (or a portion of the deficiency) over a period of ti...
05/27/2010
As an experienced short sale agent in Nashville and the surrounding areas, I often get asked what makes someone eligible for a short sale.  It is not enough to simply be underwater on the property.  Just because the home is worth less than the outstanding mortgage balance does not qualify a home ...
05/21/2010
As a Certified Distressed Property Expert (CDPE) and a Real Estate Specialist with extensive short sale experience, I'm passionate about sharing my knowledge with others.  If you are a real estate agent or a homeowner that has questoins about Nashville Short Sales, contact me today.  Our systems ...
05/20/2010
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