Facebook Linkedin Youtube Rss

Category: Short Sale Programs

What is it Like to Work with TIB to Complete your Short Sale?

October 9, 2012

Hello everyone, I am Shawn Polston with TucsonShortSales.com. Welcome to our web site. We are one of Tucson’s leading short sale teams. Today I wanted to talk to you about TIB and share some information about working with them. TIB is the Independent Banker’s bank and we run into them about once or twice a month. We seem to frequently have a client that has a TIB loan and is considering doing a short sale on their property.

TIB is actually pretty good to work with. We have had a lot of success with them in the past. They are pretty responsive to work with and they seem to pick up the phone most of the time when we try and contact them. So if you have a TIB loan and you are considering completing a short sale, please contact us today. You can pick up the phone and give us a call today, or you can also fill out our short sale request form on our website. Then we would be happy to meet with you so we can go over all of the proper expectations you should have in relation to completing a TIB short sale.

Again I am Shawn Polston with TucsonShortSale.com, one of Tucson’s leading short sale teams and we are here to help answer any questions you may have about short sales in general or the entire short sale process. We are looking forward to working with you and helping you decide if a short sale is the right decision for you and your situation. Thanks a lot for your time and I hope you are having a great day.

Seterus Short Sale Updates Result In Better Communication & A Faster Approval For You

October 2, 2012

Hello everyone my name is Shawn Polston with Tucson Short Sales & 520 Short Sales, thank you for checking out my blog today. I work with Keller Williams Realty in the Tucson region and use this blog to share information with distressed property owners on their options for avoiding foreclosure. If you need to sell your distressed property please take a minute to browse my website or call me directly to learn about all of your options in the current housing market.

In my blog today I wanted to talk with Tucson homeowners who have a mortgage through Seterus about the opportunity to complete a short sale. Seterus, formerly known as LBPS, has been approving short sales for many years in Tucson and I have plenty of experience getting fast approvals with their staff. The staff at Seterus is not quite up to speed as far as technology goes and most of your paperwork will be shared via the fax machine. Some of my most recent Seterus short sales have been handled via e-mail which is a big improvement as they continue to improve their short sale department to better help Tucson homeowners. One other thing that is unique about Seterus is that they often send off your short sale file to a third party that will handle most of the short sale process. While this is very uncommon the third party negotiating companies they use do a great job of communicating and ultimately returning a favorable short sale decision.

If you have questions on about your Seterus mortgage please fill out a contact form on my website or call me today to talk about all of your options. On my website you can also try the Short Or Stay Calculator that may help you decide if a short sale is right for you. Thank you for your time and I hope you have a great day.

Do You Need Help With Your FHA Short Sale?

September 25, 2012

Thanks for coming to TucsonShortSales.com with Keller Williams Southern Arizona. I wanted to talk to you about FHA short sales today. I’ve got a number of blog posts and videos out there on FHA short sales because I’ve been doing them for a very long time. Most of the guidelines associated with FHA short sales are from 1992 so it’s nothing new.

One of the key things about FHA short sales is knowing and understanding those guidelines and that there’s a process of doing a variance. What you do is ask the servicer to request a variance from HUD because you think whatever isn’t within the guidelines is close enough. For the most part, HUD has been fairly cooperative. They’ve got a lot of problems and they would rather get rid of some of these homes before they become their problem. If the servicer reviews this and says that they’re not going to submit the variance, we call or email HUD. We communicate a lot with the person that handles the variances at HUD and they have been phenomenal to work with; they’re very responsive, into solving problems and want to provide solutions to their homeowners. If you have an FHA loan and want to do a short sale, it’s a big deal that the short sale agent you’re working with knows and understands FHA guidelines. Ask them questions such as what FHA expects for closing costs, what their expectations on a buyer’s offer should be or something to that effect. If they don’t know the answer to your questions, you’re working with the wrong agent. The answers to your questions aren’t a secret because the guidelines are out there for everyone to read. If you’re hiring someone to handle your short sale and save your credit, you need to ensure that they understand FHA loans or things could end badly.

If you have any questions about doing an FHA short sale in Tucson, please give me a call or fill out the form on my website. Thanks again for joining me today.

Stay or Sell?

Crunch the Numbers on Your Home Instantly!
Start Here

What is a Short Sale?

Start Here

About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.

More About Shawn

© Polston Results Team – Tucson Short Sale Specialists