Comments for Minnesota Short Sales

Comment on Meet Bryan Sletten by Bryan Sletten

Bryan Sletten — Wed, 28 Mar 2012 15:12:24 +0000

Hi Andrew, I work mostly in the Twin Cities region. However, being with the Re/Max network, I can support clients almost anywhere.

Comment on 1 in 7 Mortgages are behind on payments by Umutesi

Umutesi — Wed, 28 Mar 2012 13:29:09 +0000

Yeah, I’m starting to see fuecrlosores being approved for Trustee sale come January. However, this does not necessarily mean they will be selling at that time.. just that the bank is hoping to sell the home at that time.A couple of things can change this date:- if you are in a short sale, the investor can approve a foreclosure extension if there is an offer on the home that looks like it will result in a sale.- If you are in a HAFA type short sale, the investor can have the Trustee sale delayed to allow for time for the home to sell.- Bank of America may not be done reviewing the fuecrlosores to make sure that they were done legally before the new Trustee date.Personally, I see the Trustee sale date change A LOT even on the day of the sale. So, even with a date set in January, there still might be time to avoid foreclosure.

Comment on Meet Bryan Sletten by Andrew Lace

Andrew Lace — Thu, 08 Mar 2012 22:14:17 +0000

What regions of Minnesota do you cover?

Comment on What is a short sale? by Stock Market Trends

Stock Market Trends — Wed, 14 Dec 2011 03:00:52 +0000

Buying houses via short sales definitely has it’s advantages, and following the Real Estate stocks can give a heads up in timing the real estate market

Comment on 1 in 7 Mortgages are behind on payments by Short Sale MN

Short Sale MN — Tue, 08 Nov 2011 06:04:02 +0000

Nice idea. Anyway, a Short Sale in Minnesota (Short Sale MN) is a process were a Realtor or Lawyer works with a bank to sell a property for less than the current Mortgage amount and have the bank forgive the homeowner for the unpaid balance.

Comment on 1 in 7 Mortgages are behind on payments by Micah Kempt

Micah Kempt — Tue, 13 Sep 2011 16:39:48 +0000

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Comment on What is a short sale? by Real Estate Hanoi

Real Estate Hanoi — Mon, 17 Jan 2011 08:24:20 +0000

A short sale can be the best alternative to selling when your home when you owe more than it’s worth. The banks have become more lenient in allowing people to short sale their homes because the alernative which is foreclosure can be more costly to you and them.

Comment on 1 in 7 Mortgages are behind on payments by Know Your Home Loan

Know Your Home Loan — Tue, 16 Mar 2010 17:50:02 +0000

Working regularly with clients who are in this difficult situation, I can absolutely say that working with a CDPE is a must. Kudos to you for taking the time to get the education that will best serve the clients you are working with.

Comment on What is a short sale? by Down Payment Assistance

Down Payment Assistance — Tue, 16 Feb 2010 04:29:23 +0000

Generally, people don’t understand the difference between short sales and foreclosures. Thank you for sharing what a short sale is — very helpful!

Comment on What is a short sale? by Burnsville Mortgage

Burnsville Mortgage — Thu, 11 Feb 2010 06:10:04 +0000

Bryan, there is such a need for the general public to learn what a short-sale actually is, the process and what a short-sale means for the home seller. We look forward to additional posts helping demystify the short-sale process. Great information! Thanks Bryan.