Rick Thompson's (rickthompsonteam) Blog

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Real Estate Agent - Re/Max Town Center
RECENT BLOG POSTS
Montgomery County Short Sale Question: Can I Push The Short Sale Process To Make It Go Faster? Montgomery County MD – The Stop Foreclosure Institute recently received a question from Marlen. Here was her question. "I am trying to buy a short sale. It has been 4 months and we have heard nothing ex...
11/17/2011
Can An Inherited Property Be A Successful Montgomery County Short Sale? Montgomery County MD – The Stop Foreclosure Institute recently received a question from Bernice. Here was her question. "Can an investment property that was inherited be a successful short sale without the owner having to pay...
11/15/2011
How I Make The Montgomery County Short Sale Process Faster and Easier Montgomery County MD – Here is a problem: Buyers don't like short sales because of the uncertainty and the wait. How do we solve this problem? Click here to discover how other sellers successfully did a short sale and avoided f...
11/14/2011
Montgomery County MD – I talk about “escalating” a short sale. To put that in perspective, I am going to give you a real life example of how it is done. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. We had a house on the market for 5 months. We s...
11/11/2011
Montgomery County Loan Modification News: The Average Homeowner Can Live 492 Days Rent Free Montgomery County MD - According to the Wall Street Journal , the average homeowner with a home in foreclosure hasn't made a payment in 492 days. What's even crazier is that those homes are still in the fo...
11/09/2011
I Sent Everyone In Congress A Fax About Montgomery County Short Sales Montgomery County MD – A large national bank did a lousy job on a short sale file. We waited 90 days for an answer on an offer. The buyer got impatient and walked. We had a backup buyer. But, instead of reviewing the new offer,...
11/09/2011
Why Be Responsible When You Can Get A Bailout? Montgomery County MD – Why does a British Bank do a better job than the American Banks? We have always liked short sales with HSBC. They respond promptly and are easy to work with. The bottom line is that they do a solid, competent job handling short...
11/08/2011
When A Bank Should Approve A Montgomery County Short Sale Montgomery County MD – The Stop Foreclosure Institute recently received a question from James. Here was his question. A bank should accept your short sale when the following rules apply. All banks and servicers have a fiduciary duty to the...
11/03/2011
Montgomery County Short Sales: Why Won’t My Lender Allow Me To Walk Away With No Deficiency? Montgomery County MD – The Stop Foreclosure Institute recently received a question from James. Here was his question. "We are in the middle of a very long negotiation with a large national lender. I had m...
11/02/2011
Montgomery County Short Sales: Why Won’t My Lender Allow Me To Short Sale? Montgomery County MD – The Stop Foreclosure Institute recently received a question from David. Here was his question. “I lost my job and am burning up my savings very fast. At the current rate I will only be able to pay my...
11/01/2011
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