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Welcome to the Donna Cohen Home Team... Your Howard County Move-Up Specialist & #1 Real Estate Agent. Call us: 410-258-0099.


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Clarksville


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About the Ellicott City, Elkridge and Clarksville, Maryland Area 

Request our Free Ellicott City, Elkridge and Clarksville Relocation Package. It's packed full of useful and important information about the Ellicott City, Elkridge and Clarksville, Maryland area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... 

It's our job to know EVERYTHING about Ellicott City, Elkridge and Clarksville! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 

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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 
In what 2003 comedy does a very large family move to a new house on Forest Avenue in Evenston, Illinois?

A 
"Cheaper by the Dozen", starring Steve Martin, was actually filmed in a house in Los Angeles near the Farmer's Market.
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Donna Cohen, REALTOR®, real estate agent and broker for Ellicott City, Elkridge and Clarksville, Maryland home listings, property and land for sale - NUMBER1EXPERT

Donna Cohen
Keller Williams Realty Centre

6230 Old Dobbin Centre Lane
Columbia, MD 21045
410-258-0099
Fax: 410-510-1567
donna@getcohen.com

The Donna Cohen Home Team - Your Howard County Move-Up Specialist & #1 Real Estate Agent!


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