Stephanie Greenberg's (stephsellshomes) Blog

  BofA FHA Short Sale Process   Fresno, CA – A FHA short sale is a totally different animal than a HAFA or traditional short sale.  If you are selling or buying a home that has a FHA backed loan, please be prepared to be patient.   FHA short sales go through a 3 tier process.  Here is BoFa’s time...

  What is the Reason for an Arms-Length Affidavit on a Short Sale?   An arms-length affidavit is a document created by the sellers lender in an attempt to prevent sellers from selling to a relative or business associate and to help curb mortgage fraud. The reason the bank does not want a seller t...

YAY!  Just got a first time VA home buyer approved in Fresno CA   We love working with first time home buyers and especially verterans.  We received a floor call a few weeks ago from a lovely young couple who were looking to buy a home in Fresno CA.  They had VA financing and only up to $120,000....

Ashlan Village - Gated Community in North West Fresno We have a great little gated community conviently located near Highway 99, shopping and Central East High School.  Community consists of less than 80 homes on streets named, Naomi, Javier, Brianna, Derek, Corey and Kylie.    Homes range from 1...

  Short Sale 101 - Can my current Fresno Realtor® handle my short sale?   This is a question that really needs to be researched. Short sales are specifically designed to be handled by experienced short sale specialists who have many short sales completed under their belt and the proof to back it ...

  How do I qualify for a Fresno short sale?   While lenders have become more lenient in recent times, there are typically three qualifications required for a short sale.   1.     Financial Insolvency (no other major assets),   2.     The proceeds from the sale of the property, after all closing c...

  What is a short sale?   A short sale happens when a lender is willing to accept a lower pay off on a loan than what is currently owed.  In a short sale, the borrower will owe more on the property than the home is worth at its current state, however, a short sale happens only when a homeowner qu...

Fresno Short Sale Specialist     What is a real estate short sale in Fresno?   A quick sale in real estate, also commonly called a short sale, happens when a lender is willing to accept a lower pay off on a loan than what is currently owed due to the borrowers inability to continue making payment...

We have less than 900 homes to sell today in Fresno CA   Here are the latest FRESNO MLS numbers. Wow we only have 881 active single family homes in Fresno and Clovis! To top it off we sold 572 of them in the past 30 days! You can see the break down below that number...it shows how many are Short ...

Fresno CA FHA Short Sale Sold after short 8 Months!   Well I finally closed a FHA short sale listing with BofA after 8 short months!  I am so happy that buyer and seller stayed motivated through out the process.  Here is my timeline of events:   12/15/12 Submitted file to Bofa 12/29/12 Assigned t...