Scott Auten's (scottauten) Blog

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Real Estate Agent - United Realty Group
RECENT BLOG POSTS
Miramar FL – I have a good story today about another bank losing their shirt because their short sale process is so tough to work with. The bank in question is a large, top 20 American Bank. They actually owned the loan in question. So their stockholders lost 50k from their negligence. Ouch! Dis...
03/09/2011
Miramar FL – People often wonder why their lender will release their debt in a short sale. Most lenders don't like to release the debt. But, they agree to do it because they know that policy nets them more money. They net more because a home usually sells for more money as a short sale versus aft...
03/08/2011
Miramar FL – Here is a question that the Stop Foreclosure Institute recently received. "I am in the middle of a very long negotiation with Chase. The seller had me put a clause into the contract stating “upon approval of short sale by sellers’ lender, lenders, & or affiliates, client, or heirs wi...
03/07/2011
Miramar FL – Here is a technique you can use to “strong arm” your lender on your short sale. The number one reason people short sale is to salvage their credit. After all, a short sale has much less of an impact on your credit than a foreclosure. Despite all this, banks still make short sales tou...
03/04/2011
Miramar FL – Many people are shocked that it is often cheaper to short sale and rent that staying in your home with a loan modification. They find it hard to believe that they can rent a comparable or even nicer home for less than their mortgage. Here are the two factors that make it possible.< D...
03/03/2011
Miramar FL – Barron’s Magazine recently had an article titled "Renter Nation." In it, they detailed the various factors at work that will reduce the homeownership rate in America. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The homeownership rat...
03/02/2011
Miramar FL – Here is something that drives inexperienced short sale agents crazy. It is a HUD-1, also called a HUD. HUD is the Federal Agency, the Department of Housing & Urban Development, also called HUD. A HUD-1 is a document regulated by HUD. It is the financial accounting for a real estate s...
03/01/2011
Miramar FL – Some agents hate short sales. Why? Because they don't understand them. So, don't believe them when they tell you that short sales are impossible. I will explain what causes their problems in today's post. There are two things you must understand if you are doing short sales. They ar...
02/28/2011
Miramar FL – It always amazes me when I hear the stories of agents who talk about horrible short sales are. "Don't waste your time on a short sale", they tell homeowners. "They are a waste of time. The lenders won't approve them and the process is horrible. The last short sale I worked on took 9...
02/25/2011
Miramar FL – According to the Philadelphia Inquirer [1], Patrick Rodgers of West Philadelphia was able to "file a foreclosure action against Wells Fargo. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. I bet there are a lot of homeowners facing for...
02/24/2011
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Scott Auten

Short Sale Realtor; 954-214-7806
local_phone(954) 515-0172
smartphone(954) 214-7806
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