Short Sale Timeline; Negotiation Beginning to End Case Study New Hampshire GMAC Sale

Posted on 16. Jan, 2012 by shortsalemitigation in Blog

We negotiate short sales in Massachusetts and New Hampshire Primarily (and a few other states) and I would say the number one question we get from homeowners is, “How long will my short sale take?”
Well there is no easy way to answer this question. There are many factors that influence the length of a short [...]

The Drive by BPO in Short Sales – Massachusetts New Hampshire

Posted on 04. Jan, 2012 by shortsalemitigation in Blog

The Drive By…
There are certain buzz words in short sales that make me cringe. DRIVE BY BPO happens to one of those phrases.
I called into SPS (Select Portfolio Services) last week. We are working on a property that is extremely time sensitive as there is an auction date in January. When I spoke to the [...]

Bad BPO? We fight it!!

Posted on 24. Sep, 2011 by shortsalemitigation in Blog

Bad BPO? Fight it.
When you have a bad Broker Price Opinion for your short sale in New Hampshire and Massachusetts – FIGHT IT.
I’ve learned some interesting things from the agents we work with. I can’t tell you the number of times I’ve had an agent call into the office after a BPO [...]

Do you not accept a listing because you don’t make enough money?

Posted on 11. Aug, 2011 by shortsalemitigation in Blog

We have a lot of homeowners calling us for help. We like to give those listings to agents we’ve worked with before because we KNOW those agents can perform. They know short sales. They know how to market, show, deal with BPO’s and can assist in getting the property closed.
We took an intake [...]

Bankruptcy and Short Sales in Massachusetts and New Hampshire. How does bankruptcy affect your short sale? Interview w/lawyer

Posted on 27. Oct, 2010 by shortsalemitigation in Blog, Foreclosures, My Blog

We have done enough short sales to see our fair share of bankruptcies occur. There is an impact to a homeowner’s credit and their short sale if they file bankruptcy. Homeowners in need of filing need to speak to an experienced attorney if they are considering bankruptcy as an option to stall a foreclosure or capture their deficiency from a short sale. I would even suggest they find a bankruptcy attorney that also specializes in Real Estate.
Rapid Property Relief, LLC works with several experienced attorneys. When we meet with homeowners facing foreclosure or with mounting debt, we always refer our clients to attorney’s who we have worked with in the past or that we know see the value of a short sale as opposed to foreclosure.