Boston Metro North Real Estate

Dealing with Residential Real Estate in the Merrimack Valley. Articles on Home Selling, Home Buying, Foreclosure and short sales.
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  • Short Sales and the Hardship

    I recently have had a few people contact me after about doing a short sale on their home.  They have tried to modify their loan and they were disappointed with the results.  They then stop paying their mortgage thinking they will do a short sale.  They feel that they owe way more money on their home than it is worth. The banks ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on June 1, 2009
  • What is the Short Sale Process?

    The short sale process combines a documentation process and the listing process. The docementation process is much like a loan in reverse.  Your short sale specialist will need the following items:Last mortgage statement2 years of W'2's Last 2 paycheck stubsLast 2 months of your checking and savings bank statementsLast quarter ...
    Posted to More about Merrimack Valley Real Estate (Weblog) by 108393 on April 23, 2009