LongIslandShortSales.Org

Short Sales: An Unpredictable Science

See My Comments About The Market In Newsday – June 29, 2010 No matter what you hear or read on any website, please be aware that the road of remedy to avoid foreclosure, whether by short sales or by loan modification, is not predictable. Some short sales will be “easier” to settle than others. Conversely, some short sales will take a very long time and this may occur without even... [Read more...]

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HAFA And How It’s Impacted the Short Sale Process

See My Comments About The Market In Newsday – June 29, 2010 As a consumer of the real estate industry, whether you’re a buyer or a seller, you need to know how HAFA has impacted the short sale process. HAFA is the Home Affordable Foreclosure Alternatives Program. HAFA is a program designed for homeowners who cannot stay in their home even with a loan modification through Home Affordable... [Read more...]

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How Long Does It Take A Bank To Foreclose?

See My Comments About The Market In Newsday – June 29, 2010 So you want to know how long does it take a bank to foreclose on a home (perhaps your home). Well let me first say that if you’re in this position you should consult the services of an attorney. For the purposes of this article, I’ll provide some basic information about the process of foreclosure along with some current... [Read more...]

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