Sugar Land, Fort Bend and Richmond real estate and homes for sale in Texas - Glen Gill, REALTOR® Glen Gill REALTOR(r) for Sugar Land, Fort Bend and Richmond, Texas real estate - NUMBER1EXPERT™ Glen Gill NUMBER1EXPERT(tm) for Sugar Land, Fort Bend and Richmond, Texas real estate
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Real Estate Tips
Short Sales >5. What If My Lender Refuses My Short Sale Request?

The most common reason for a lender to refuse a short sale request is loss. That is, the lender will refuse a short sale if their calculations suggest that they will lose less via a foreclosure. If this happens to you:

Step 1: Demand a written letter from the loan servicer explaining exactly why the request has been denied.
Step 2: Figure out and write down the projected losses you’ll experience if the home is foreclosed on as opposed to sold as a short sale.
Step 3: Notify the company handling the loan that if the house is foreclosed on, you will be suing them for the damages you documented in Step 2.

If you follow this procedure, you should be in the clear either way. Either your home will be sold as a short sale like you previously wanted, or you will have the potential to regain your losses after foreclosure from the lawsuit. Your best strategy for navigating the short sale process is to work with a qualified agent who can assist you. The agent will help you work through the process and/or any contingency plans.

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Real Estate Trivia
Q 
What is encroachment, and how might it affect a property owner?

A 
Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim.
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Charter Title Company
Charter Title is our title company of choice. They are located in Town Square. Melanie Cooley is a highly experienced Title Company representative.
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Glen Gill, REALTOR®, real estate agent and broker for Sugar Land, Fort Bend and Richmond Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Glen Gill
Landmark Properties

4665 Sweetwater Blvd., Suite 105
Sugar Land, TX. 77479
Office: 281-265-5000
Cell: 281-630-2221
Fax: 281-201-4512
Email: glen@glengill.com

This year Glen Gill celebrates 31 years in real estate. As Broker/Owner of his very successful Landmark Properties, his experience shows a love for his profession. To Glen, service means focusing on the client. "There are many people involved in selling or buying a home, and a successful closing involves cooperation with the other parties, as well as skillfully negotiating every aspect of the business in my client's best interest." Glen takes pride in the fact that when the transaction is completed his clients are lifetime friends. Try Glen's superior brand of service and let him become “Your Realtor for Life !” http://www.4aHome.com

CRS ePro Equal Housing GRI MLS REALTOR


Landmark Properties real estate and homes for sale in Sugar Land, Fort Bend and Richmond Texas

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