SDP Partners LLC» short sale http://www.sdppartners.com Dealing Distressed Real Estate Sat, 09 Apr 2011 22:58:20 +0000 en hourly 1 Behind on Payments? Credit Counseling and Short Sales http://www.sdppartners.com/2007/11/08/behind-on-payments-credit-counseling-and-short-sales/ http://www.sdppartners.com/2007/11/08/behind-on-payments-credit-counseling-and-short-sales/#comments Fri, 09 Nov 2007 00:06:45 +0000 SellHouseFast http://sdppartners.dreamhosters.com/?p=32 At MortgageNet Daily, there is a new article about credit counseling, which can be a viable option for those who are falling behind.

It goes on to describe information about the challenge of short sales (loss mitigators are overwhelmed), and how to work a short sale.  If you are considering a short sale, please read the article.

]]> http://www.sdppartners.com/2007/11/08/behind-on-payments-credit-counseling-and-short-sales/feed/ 0 Short Sale Processing Time http://www.sdppartners.com/2007/10/26/shortsale/ http://www.sdppartners.com/2007/10/26/shortsale/#comments Fri, 26 Oct 2007 12:22:48 +0000 SellHouseFast http://sdppartners.dreamhosters.com/?p=21 At Mortgage News Daily.com, there is an article about the time it takes to process short sales.  Banks are hard to deal with, loss mitigators are overwhelmed, and many attempts at short sales fail.

The article contains anecdotes of timelines like 2 months, to 11 months, to complete rejection by the banks.

 A short sale process is not a guaranteed solution

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