Why Did My Sacramento Short Sale Get Declined?

Posted on Aug 6, 2012 in Roseville and Sacramento Short Sale FAQs

Hello everyone my name is Mark Peek with Keller Williams Realty in Roseville and Sacramento thank you for your time today. I work with distressed property owners every day in Roseville and Sacramento and use this blog to share valuable information on your options for avoiding foreclosure. If your Roseville and Sacramento mortgage is underwater and you are unsure what to do visit my website or call me today to learn more about your options.

For my blog today I wanted to speak with you about the possibility of your short sale getting declined in Roseville and Sacramento. It is certainly never a good thing when your short sale gets decline and unfortunately your lender does not always give you the best explanation of why. There are numerous reasons why a short sale is declined including inaccurate paperwork, an invalid hardship, or simply a problem with the negotiator. One thing to remember is that just because your file was declined once does not mean that you cannot get a short sale approval in the future. Some of the Roseville and Sacramento clients I have worked with simply had an unqualified negotiator or their agent did not have short sale experience with that particular lender. If your Roseville and Sacramento short sale is declined it is important to know the reason behind the decision in order to resubmit the file correctly. A good short sale agent does not charge any upfront fees and even if a short sale is declined it is still the top priority to sell your home.

If you have questions on your mortgage or already considering a short sale take a minute to browse my website or call me today to learn more. If you are unsure if a short sale is right for you take a minute to try the Short Or Stay Calculator on my website to find out when your home may be an asset again. Thank you for your time today and I hope to hear from you soon.

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Are You Considering Completing a Short Sale on Your Underwater Green Planet Mortgage?

Posted on Apr 28, 2012 in Roseville and Sacramento Short Sale FAQs

Hi, this is Mark Peek at Keller Williams Real Estate, your Roseville and Sacramento short sale specialist. Today’s topic is Green Planet Servicing. Do you have a lender that goes by the name of Green Planet Servicing? The first time I ever heard of them, a client approached me about doing a short sale and it was a multiple lien short sale. In fact the investor of this note was Fannie Mae. I don’t know if Green Planet had maybe taken some of Fannie Mae’s servicing like Seterus and Greentree have over the past six to twelve months. So that might be a lender that you might be hearing more about or you might get your loan transferred over to.

So if you are considering a short sale with Green Planet, give me a call. I just got this deal approved and we are going to be closing on it next month. It’s definitely a different experience than the rest. Typically everything is done by email. A lot of the lenders we are dealing with are by fax and phone or by website portal.

If you have any specific questions about your short sale, please give me a call. If you’re considering a short sale and you don’t really know if you should and you want to find out if you are a good candidate, take a look at the short sale calculator on my website. Go ahead and input your information and it will give you a good idea of what the current value might be and to see if you’re a good candidate to participate in a short sale. It will also tell you how long it’s going to take for your house to become an asset again. This is a valuable piece of information in determining if it’s a good decision for you.

Again, this is Mark Peek with Keller Williams, your Roseville and Sacramento short sale specialist and I’m here to help. Please let me know if I can help answer any questions you have about short sales or the short sale process. Thanks a lot and have a great day.

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