How to Use a Short Sale to Stop Home Foreclosure and Protect Your Finances

Robert Irwin has built homes from the ground up as well as completed dozens of major renovation and remodeling projects. He is best known as a real estate broker and the author of the best-selling Tips & Traps real estate series. He serves as a consultant to lenders, investors, and brokers. With over 50 books, including Buying a Home on the Internet and The Pocket Guide for Home Buyers, Irwin is recognized as one of the most knowledgeable writers in the real estate field today.

• Preface1.HOW A SHORT SALE WORKSTrue Stories From The Front Lines2.HOW A SHORT SALE CAN HELP YOUIt can save your credit …And Your Peace Of Mind 3.WILL A SHORT SALE WORK FOR YOU?How To Create A Preliminary Seller’s Net Sheet 4.SELL IT YOURSELF OR USE AN AGENT?Finding An Agent Who Specializes in Short Sales5.PREPARING THE HOME FOR SALEWhat Work Do When You’re Not Going To Net A Dime6.HOW TO GET TO YOUR LENDERFinding the Loss Mitigation Dept. 7. WHY NOT TRY LOAN MODIFICATION?Lender’s Just Want Borrowers To Continue Paying8. PUTTING TOGETHER THE SHORT SALE PACKAGEThe Door To The Lender’s “Heart”9. IS THERE A REWARD FOR MISSED PAYMENTS?And other Tricks of Short Sales10.TAX CONSEQUENCES, REPAIRS, AND BPOsHow To Successfully Deal With Them11.BEATING THE CLOCKUnderstanding The Timelines You’re Up Against 12.ALTERNATIVES YOU SHOULD CONSIDERDeed in Lieu, Renting, Taking in a Partner, And More 13. SCAMS TO AVOIDFixers, Bailouts, Double Escrows, Leasebacks and More14.RESOURCES, HELPFUL DEFINITIONS, AND TYPES OF MORTGAGESWhat You Need To Know