Paul Nelson's (paulenelson) Blog

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Real Estate Agent - Homes Northwest
RECENT BLOG POSTS
Bellevue WA – We received the following email a little while ago from another agent that does short sales. It illustrates how the current short sale guidelines hurt the housing market and homeowners short selling their house. Click here to discover how other sellers successfully did a short sale ...
03/05/2013
Bellevue WA – We received a lot of feedback from yesterday’s post. One agent said, “You obviously don’t know what you are talking about. Bank X won’t give us a response on the file and we have been waiting 5 months for an answer. How dare you suggest that I am incompetent because they haven’t rep...
03/05/2013
Bellevue WA – The short sale process may vary, but it will generally work as follows: 1) The lender is contacted to discuss the possibility of a short sale and to determine the lender’s process for completing the sale. Click here to discover how other sellers successfully did a short sale and avo...
03/05/2013
Bellevue WA – If the right decision for you and your family is to sell the house as a short sale, then the sale will have an immediate effect on your credit score. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. You might feel like it’s just overwhe...
03/05/2013
Bellevue WA – You might have heard of Dave Ramsey. He has a popular radio program where he talks explains the benefits of getting out of debt. Dave is a zealot for the debt free life. "You don't need to see the inside of a restaurant unless you are working there", he will tell people in financial...
01/20/2013
Bellevue WA – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul's Question. "I am thinking about a short sale, but I am behind on my property taxes. Will I still have to pay them if I short sale my home? Max." Click here to discover how other sellers successfully...
01/20/2013
Bellevue WA – Here are a few things you should not be surprised to see crop up during the short sale process. Unscrupulous Debt Collection Tactics. If you are facing financial hardship, then paying credit cards and other unsecured debts is your lowest priority. An unsecured debt is a debt where t...
01/20/2013
Bellevue WA – I like to call this the "Nuclear Option." It is what you do when your lender demands a promissory note or they will not approve the short sale. A promissory note is not the end of the world. It will take a lot of work on their end to collect from you. Click here to discover how othe...
01/20/2013
Bellevue WA – The Stop Foreclosure Institute recently received a question from John. Here is John's Question. "I just received a full price offer on my house. My main concern is that I don't get stuck having to pay off the deficiency. I have a first and 2nd with Chase and owe 270K on the home. Th...
01/20/2013
Bellevue WA – The Stop Foreclosure Institute recently received a question from Max. Here is Max's Question. "If I pay mortgage insurance and default on my loan, wouldn’t that cover the deficiency amount? Max." Click here to discover how other sellers successfully did a short sale and avoided fore...
01/20/2013
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