How to Use a Short Sale to Stop Home Foreclosure and Protect Your Finances
McGraw-Hill Professional (Verlag)
978-0-07-163558-5 (ISBN)
Don’t lose your ho me toforeclosure! Do a short sale!Robert Irwin, one of America’s most trusted real estate experts, providesthe tools you need to avoid foreclosure—and protect your credit, yourwealth, and your peace of mind.
How to Use a Short Sale to Stop Home Foreclosure and ProtectYour Finances removes the complications and stress often associatedwith short selling a property. Using real-life success stories, Irwin explainshow a short sale works and walks you through the process step by step.You’ll learn how to:
Convince lenders to engage in a short saleDeal with a loss mitigation committee Get a loan modificationFind an agent Manage issues with the IRSBeat the deadlines that can doom a short sale
It contains all the paperwork you’ll need to execute a short sale, along withlistings of helpful outside resources.
How to Use a Short Sale to Stop Home Foreclosure and ProtectYour Finances provides everything you need to get out from under—without spending a dime of your own money.
Robert Irwin has built homes from the ground up as well as completed dozens of major renovation and remodeling projects. He is best known as a real estate broker and the author of the best-selling Tips & Traps real estate series. He serves as a consultant to lenders, investors, and brokers. With over 50 books, including Buying a Home on the Internet and The Pocket Guide for Home Buyers, Irwin is recognized as one of the most knowledgeable writers in the real estate field today.
Preface1.HOW A SHORT SALE WORKS
True Stories From The Front Lines
2.HOW A SHORT SALE CAN HELP YOU
It can save your credit …And Your Peace Of Mind
3.WILL A SHORT SALE WORK FOR YOU?
How To Create A Preliminary Seller’s Net Sheet
4.SELL IT YOURSELF OR USE AN AGENT?
Finding An Agent Who Specializes in Short Sales
5.PREPARING THE HOME FOR SALE
What Work Do When You’re Not Going To Net A Dime
6.HOW TO GET TO YOUR LENDER
Finding the Loss Mitigation Dept.
7. WHY NOT TRY LOAN MODIFICATION?
Lender’s Just Want Borrowers To Continue Paying
8. PUTTING TOGETHER THE SHORT SALE PACKAGE
The Door To The Lender’s “Heart”
9. IS THERE A REWARD FOR MISSED PAYMENTS?
And other Tricks of Short Sales
10.TAX CONSEQUENCES, REPAIRS, AND BPOs
How To Successfully Deal With Them
11.BEATING THE CLOCK
Understanding The Timelines You’re Up Against
12.ALTERNATIVES YOU SHOULD CONSIDER
Deed in Lieu, Renting, Taking in a Partner, And More
13. SCAMS TO AVOID
Fixers, Bailouts, Double Escrows, Leasebacks and More
14.RESOURCES, HELPFUL DEFINITIONS, AND TYPES OF MORTGAGES
What You Need To Know
Erscheint lt. Verlag | 16.7.2009 |
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Zusatzinfo | 0 Illustrations |
Sprache | englisch |
Maße | 152 x 229 mm |
Gewicht | 274 g |
Themenwelt | Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen |
Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Immobilienwirtschaft | |
ISBN-10 | 0-07-163558-0 / 0071635580 |
ISBN-13 | 978-0-07-163558-5 / 9780071635585 |
Zustand | Neuware |
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