Why Banks Reject Short Sales
Published on: 05/03/2026
Short sales can be denied for several reasons, but two of the most common issues are missing documentation and property valuation discrepancies (The Appraisal).
Shortsale
FHA Short Sales
ShortsalePublished on: 05/02/2026
This post is directed to agents with short sales where your seller has an FHA mortgage. I'm addressing a problem I've seen over and over again. You present an offer to the lender, they order an appraisal (if the lender orders and appraisal rather than a BPO, it's a good indication of an FHA loan) [...]
Shortsale
Is Your 3rd Party Negotiator Safe?
ShortsalePublished on: 05/02/2026
Ok, so maybe it's ok to have a 3rd party take care of all this clerical short sale nonsense. I suppose anyone could do it, and if they've closed one or two...great. So what if they aren't Realtors, and don't know much about our rules & regs, Code of Ethics? RESPA? What does that have to do with my short sale?
Shortsale
Are you asking your seller’s lender the right questions?
ShortsalePublished on: 05/02/2026
Avoid common mistakes that kill short sales. Asking the right questions helps you build a foundation for a successful short sale transaction. Ask your seller's lender: 1. Loan Type (FHA, VA, USDA, Conventional, Reverse Mortgage, HECM Reverse, Fannie Mae or Freddie Mac) – This tells you how they'll process the file and the approximate time frame, required [...]
Shortsale