Government Programs For Homeowners Behind On Mortgage

Government Programs For Homeowners Behind On Mortgage

May 29, 2010 by · Leave a Comment 

If you googled, “government programs for homeowners behind on mortgage” and found information about HAMP, and you subsequently attempted to modify your mortgage loan through HAMP (Homeowner Affordability Modification Program), you might be asking yourself, “Why did I do this?” Right Now, there are plenty of people out there that are asking that question. I […]

Challenges To Getting A Short Sale Done

Challenges To Getting A Short Sale Done

May 20, 2010 by · Leave a Comment 

If you are struggling right now with paying your mortgage, you may be wondering what challenges exist when trying to get a short sale done in order to avoid foreclosure. Among many things, you of course may be in disbelief that this is happening to you and you may also be worried about things like […]

What Goes Into A Short Sale Packet?

May 14, 2010 by · Leave a Comment 

So you want to know what goes into a short sale packet? This is just as important to any buyer as it is to a seller looking to sell their home for less than what they owe on their mortgage. Unfortunately, there’s no absolute answer for this because each lending institution may require their own […]

Short Sales And “Strategic Defaults” – Does It Make Sense For You?

Short Sales And “Strategic Defaults” – Does It Make Sense For You?

May 5, 2010 by · Leave a Comment 

Let’s remember that short sales are real estate transactions that involve a homeowner selling their home for less than what is owed on their mortgage. Any time a property owner doesn’t pay their mortgage, they are defaulting on their mortgage obligations. “Strategic Defaults” are decided or chosen. Conversely, most defaults are not chosen but are […]

Short Sales: Buyers Get Your Offer Recognized

Short Sales: Buyers Get Your Offer Recognized

May 3, 2010 by · Leave a Comment 

When people call me and tell me they want to buy a short sale, I ask them, “What makes you interested in short sales?” The first response is usually that they’re a ‘good deal’. And I’m not going to argue with that in as much as, the price the buyer will pay will not be […]