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Ken Patterson's Blog

By Ken Patterson | Broker in Rocklin, CA

Short Sale Questions Answered FREE - Real Estate Agents with Experience

10 Short Sale and Foreclosure Prevention FAQ's Answered by a Real Estate Agent with Experience Understanding, Negotiating and Successfully Completing Short Sales throughout Placer, Sacramento and El Dorado County CA

As a Short Sale Listing Agent serving places like Rocklin CA, Granite Bay CA, Folsom CA, Roseville CA, El Dorado Hills CA, Citrus Heights CA, Sacramento CA and Lincoln CA... And Others in the area, I get many questions regarding the process, lenders, what course of action should be taken...  There are an endless number of questions that come up.  So, I decided to start a BLOG series regarding those Short Sale questions that I get asked.  Below are 10 questions and the links to my answers BLOGGED previously.  Let us know what you think!!

Short Sale FAQ #10 - When does The Mortgage Forgiveness Debt Relief Act and Debt Cancellation Act of 2007 Expire / End?

Short Sale FAQ #9 - What do I write in a Hardship Letter?

Short Sale FAQ #8 - What will I owe the Bank?

Short Sale FAQ #7 - What is the Mortgage Forgiveness Debt Relief Act of 2007?

Short Sale FAQ #6 - Is it "Right" to Short Sale?

Short Sale FAQ #5 - What Lenders have you worked with on your other Short Sale Listings?

Short Sale FAQ #4 - When in the foreclosure process should I move out of my house?

Short Sale FAQ #3  - What are a Home Owner's Options on an Underwater Mortgage?

Short Sale FAQ #2 - Can the bank just come and kick me out of my house?

Short Sale FAQ #1 - (Our First in the Series) What is a foreclosure?

Short Sale Agent Rocklin, Roseville CA Information

We are proven Short Sale Rocklin / Roseville / Granite Bay/ Lincoln CA Real Estate Specialists

916-751-1800 or visit www.TEAMPattersonRealty.com for more information on us!

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TEAM Patterson Realty and Ken Patterson is synonymous with underwater mortgage assistance and short sales in Granite Bay CA. as well as understanding Loan Modification Help for your home in Granite Bay CA.  We can help with the sale of your home regardless of your situation - Traditional Sale, Short Sale, Family Property Sale though a Trust - just ask for our references!!

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By Xenia,  Tue Dec 6 2011, 21:58
husband retiring in 6 months. we put a cash offer of 130k from our 190k 401k on a short sale in lake arrowhead, ca. lender wants 140k. should we up it? or stay put. we will only have 60k left in our 401k. we hope to move in and then pay our "mortgage budget" less taxes to fix up the property. when it is fixed up, which will take about 3 years to finish at that rate, the home will probably be valued at about 230k. what do you think?

and should i have our agent look up public records to help us understand better what this property is all about?

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