Paul Nelson's (paulenelson) Blog

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Real Estate Agent - Homes Northwest
RECENT BLOG POSTS
Bellevue WA – You can short sale your house if you have an FHA loan. FHA will forgive you of all the debt and does not ask for a promissory note. That is the case if you are short selling because of a legitimate hardship. Here is how the process works on an FHA short sale. Click here to discover ...
08/16/2012
Bellevue WA – We got an e-mail today with the subject line of “Bankruptcy will get your finances back on track.” People think that a bankruptcy will cleanse them of their debts. That is a myth. Let me explain why. Click here to discover how other sellers successfully did a short sale and avoided ...
08/14/2012
Bellevue WA – You can dispute negative items on your credit. In some cases, the negative item can go away in 30-60 days. This doesn’t always happen, but it is nice when it does. Fixing you credit will seem overwhelming at first. But if you stick with it, then you will see that it does work. With ...
08/13/2012
Bellevue WA – Most people think that a short sale will be the kiss of death to their credit. That is the one big advantage of a short sale over a foreclosure. Anything and everything bad on your credit can be fixed. It’s called the dispute process. In my opinion, many lenders incorrectly report c...
08/13/2012
Bellevue WA – You can get your life back on track after a short sale. One of the first things you’ll want is to start repairing your credit. But, how do you get those pesky collections off your report? I’ll show you a couple of techniques here. Collections can be very easy to remove. The reason i...
08/09/2012
Bellevue WA – Many people considering a short sale are being harassed by debt collectors. They call even though you tell them to stop. They call even when you tell them you don’t have any money available to pay them. They call your relatives even when you tell them to go away. Click here to disco...
08/08/2012
Bellevue WA – Many people don’t think they are eligible for a short sale because they have unpaid homeowner’s association dues. Don’t worry about paying them yourself. When you short sale your home the association dues will be paid by your lender. Most of the time the amount owed to the homeowner...
08/07/2012
Bellevue WA – It is fascinating to look at something from another person’s point of view. When you understand someone else’s mindset you increase your odds of a successful negotiation. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. So today, I’m go...
08/06/2012
Bellevue WA – Buyers often contact me for advice on short sales. They are frustrated with the short sale process and want to know why their offer hasn’t been accepted. “I made an offer on a short sale property six months ago. How come I haven’t received an answer yet?”, they ask me. Most people d...
08/06/2012
Bellevue WA – Here is the most common problem that arises with short sales. There are multiple mortgages or liens on the property. Any of the mortgage companies or lien holders have the right to veto the short sale. For example, we had a short sale with a first mortgage, a second mortgage, and a ...
08/06/2012
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