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Minnesota Short Sales: What is a HUD-1 and why does it matter on a short sale?

Minneapolis MN – 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 sale. Here is [...]

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Minneapolis Short Sales: Another Example Of Lenders Attempting To Abuse Their Power

Minneapolis MN – The Stop Foreclosure Institute recently received a question from Durry. Here was Durry’s Question. “We have American Home Mortgage Servicing, a loan processor for a Mortgage held by Deutche Bank, adding a 1% “processing fee” that ONLY the buyer can pay at closing. This was never revealed until we received the short [...]

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Minnesota Short Sales: A Little Known Fact About Short Sale Negotiators

Minneapolis MN – A negotiator at a large bank tried to mislead a Stop Foreclosure Institute Member. She really got on our nerves. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. You see, we’ve spent the last few years figuring out all the guidelines for short sales. If [...]

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