David Monroe's Real Estate Blog

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• The Pre-Approved Short Sale Fallacy

  I’ve received many calls from prospective buyers interested in my short sale listings asking if the listing price has been approved by the bank. On a short sale, the seller owes more than their house is worth, so the seller’s lender(s) must Read More... Posted Wednesday, February 24, 2010 2:40 PM by David Monroe | 2 Comments Filed under: Short Sales

• How To Fix The Short Sale System

  We’ve all seen the horror stories relating to short sales, and some of us have experienced them. As a short sale specialist, I often times find myself questioning the logic of banks. The government has even stepped in on occasion, passing legislation Read More... Posted Saturday, February 6, 2010 6:46 PM by David Monroe | 1 Comments Filed under: Short Sales

• Do You Qualify For A Short Sale

  Do you qualify for a short sale? You may have determined that you wouldn’t be able to sell your house for a high enough price to pay off the existing mortgage(s), and you’re now considering a short sale. You may be in foreclosure or just one Read More... Posted Saturday, February 6, 2010 4:08 PM by David Monroe | 1 Comments Filed under: Short Sales

• Is Your Real Estate Agent Breaking The Law?

  Has a real estate agent offered to negotiate a loan modification or a short sale for you, or are you a real estate agent that has offered these services to your client? The purpose of a loan modification is to get the bank to modify the mortgage terms Read More... Posted Wednesday, November 4, 2009 4:32 PM by David Monroe | 1 Comments Filed under: Short Sales